REG - Nostra Terra O&G Co - Change of Auditor

Nostra Terra Oil and GasAnnouncement

27/03/2023 17:00

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RNS Number : 3621U  Nostra Terra Oil & Gas Company PLC  27 March 2023

27 March 2023

 

Nostra Terra Oil and Gas Company Plc

("Nostra Terra" or "the Company")

 

Change of Auditor

 

Nostra Terra (AIM: NTOG), the international oil & gas exploration and
production company with a portfolio of development and production assets in
Texas, USA, is pleased to announce that, following a competitive tender
process, it has appointed MAH, Chartered Accountants as its new auditor with
immediate effect.

 

Jeffreys Henry LLP, the Company's former auditor, has advised that, it is
apparent that the firm does not have sufficient capacity to satisfy its
regulatory requirements in respect of the Engagement. On that basis we
(Jeffreys Henry LLP) will therefore resign as auditor. This change has caused
Jeffreys Henry to withdraw from multiple clients concurrently, not just NTOG.

 

However, as part of the withdrawal process, Jeffreys Henry LLP has confirmed
that it has no matters which it considers should be brought to the attention
of the Company's members or creditors in accordance with Section 519 of the
Companies Act 2006.

 

 

This announcement contains inside information for the purposes of Article 7 of
the Market Abuse Regulation (EU) No. 596/2014, as it forms part of UK Domestic
Law by virtue of the European Union (Withdrawal) Act 2018. Upon the
publication of this announcement, this inside information is now considered to
be in the public domain.

 

 

For further information, contact:

 Nostra Terra Oil and Gas Company plc  Tel:  +1 480 993 8933

 Matt Lofgran, CEO

 Beaumont Cornish Limited              Tel:  +44 (0) 20 7628 3396

 (Nominated Adviser)

 James Biddle/ Roland Cornish

 Novum Securities Limited (Broker)     Tel:  +44 (0) 207 399 9425

 Jon Belliss

 

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