Time for Nostra Terra Oil & Gas to really kick on?
“…the oversubscribed fundraise will help fill the pipeline. You will continue to see increased attention on the company as we continue to grow…”
How often do you get unsolicited cash thrown at an exploration and production company, and what do you do with half a million pounds when it lands in your coffers?
You use it to fill the pipeline explains the chief executive of Nostra Terra Oil and Gas. The company has a portfolio of development and production assets in Texas and boss Matt Lofgran says it’s proof that professional investors share his confidence the company has turned a corner.
The stars are coming into alignment for the company in 2021 with a WTI oil price that materially enhances cashflow for NTOG, a Covid-free workforce, a technical board that continues to impress and an opportunity-rich market.
Matt tells Sarah Lowther how investors can expect more interest in the company as it becomes cash flow positive and grows production from assets in the Permian Basin and Pine Mills.
Read the RNS about the oversubscribed fundraise here
Nostra Terra was also in focus from @TMsreach as one of there 10 Oil & gas companies to follow in 2021. Click here to view.
The author was remunerated but does not hold shares in the company
