Nostra Terra Oil & Gas Company PLC Update re Requisition to Convene a General Meeting (3856J)
April 09 2020 - 6:45AM
UK Regulatory
TIDMNTOG
RNS Number : 3856J
Nostra Terra Oil & Gas Company PLC
09 April 2020
9 April 2020
Nostra Terra Oil and Gas Company plc
("Nostra Terra" or the "Company")
Update regarding Requisition to Convene a General Meeting
Further to the Company's announcement of 8 April 2020, the Board
of Nostra Terra announces that, yesterday, it was informed, via
email, by Eridge Capital Limited ("Eridge") that the further
requisition notice it was in the process of serving to convene a
general meeting to appoint Robert Bensh as a director of the
Company will now not be served.
As also announced on 8 April 2020, the Company will no later
than 16 April 2020, be posting a circular to shareholder convening
a general meeting pursuant to the earlier requisition notice, dated
24 March 2020, received from Eridge.
Further announcements will be made in a due course.
This announcement contains inside information for the purposes
of Article 7 of EU Regulation 596/2014
For further information, contact:
Nostra Terra Oil and Gas Company plc
Matt Lofgran, CEO Tel: +1 480 993 8933
Strand Hanson Limited
(Nominated & Financial Adviser and Joint
Broker) +44 (0) 20 7409
Rory Murphy / Ritchie Balmer / Jack Botros Tel: 3494
+44 (0) 207 399
Novum Securities Limited (Joint Broker) Tel: 9425
Jon Belliss
+44 (0) 207 186
Shard Capital Stockbrokers (Joint Broker) 9952
Damon Heath / Erik Woolgar Tel:
Lionsgate Communications (Public Relations) +44 (0) 203 697
Jonathan Charles Tel: 1209
About Nostra Terra
Nostra Terra is seeking to increase oil production and reserves
through both organic growth and strategic acquisitions, utilising
the latest drilling and completion techniques.
Nostra Terra's core asset is a 100% working interest in the
Mesquite asset located in the prolific Permian Basin, West Texas.
The Mesquite asset covers 1,984 net acres with estimated proven
recoverable reserves of 2.4mmbbls.
In addition, Nostra Terra has a 100% working interest in the
well-established East Texas region, and interests in three
additional Permian Basin properties in close proximity to Mesquite
and is currently producing from two wells. The first well reached
pay-out in less than one year.
The Permian Basin , which covers 75,000 square miles over West
Texas and southeast New Mexico, is the most prolific oil producing
basin in the country.
For further information, please visit our website:
www.ntog.co.uk.
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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