Buccaneer Energy PlcLSE: BUCE

Proposed Permian Basin Acquisition Update

RNS Number : 9632T
Nostra Terra Oil & Gas Company PLC
01 April 2016
 

1 April 2016

Nostra Terra Oil and Gas Company plc

("Nostra Terra" or the "Company")

Proposed Permian Basin Acquisition Update

Further to the announcement of 22 February 2016 regarding the proposed acquisition of a 60% interest in producing assets in the Permian Basin of New Mexico from Alamo Resources II, LLC, Nostra Terra announces that it is in the process of negotiating an extension to the original closing date of 31 March 2016 (as previously announced).  The Company expects to be in a position to make an announcement in this respect early next week.

For further information, visit www.ntog.co.uk or contact:

Nostra Terra Oil and Gas Company plc

Matt Lofgran, CEO

mlofgran@ntog.co.uk  

+1 480 993 8933

Strand Hanson Limited

(Nominated & Financial Adviser and Joint Broker)

+44 (0) 20 7409 3494

Rory Murphy / Ritchie Balmer

Cornhill Capital Ltd (Joint Broker)

+44 (0) 20 7710 9610

Nick Bealer / Colin Rowbury

Walbrook PR

+44 (0) 20 7933 8797

Gary Middleton / Nick Rome


This information is provided by RNS
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