REG - Nostra Terra O&G Co - Sale of Chisholm Trail Prospect Update <Origin Href="QuoteRef">NTOG.L</Origin>
RNS Number : 1858FNostra Terra Oil & Gas Company PLC26 July 201626 July 2016
Nostra Terra Oil and Gas Company plc
("Nostra Terra" or the "Company")
Sale of Chisholm Trail Prospect - Update
Further to Nostra Terra's (AIM:NTOG) announcement of 30 June 2016 regarding the sale of the Company's 20% stake in the Chisholm Trail Prospect for US$2.1 million (net to NTOG), which is operated by Ward Petroleum Corporation, the Board is pleased to provide an update.
The sale is progressing in line with expectations. A non-refundable depositin the amount of US$100,000 to Nostra Terra was received per the terms of the agreement. The sale remains on course to close no later than 17 August, 2016.
This announcement contains inside information.
For further information, visitwww.ntog.co.ukor contact:
Nostra Terra Oil and Gas Company plc
Matt Lofgran, CEO
+14809938933
Strand Hanson Limited
(Nominated & Financial Adviser and Joint Broker)
+44(0)2074093494
Rory Murphy / Ritchie Balmer
Vicarage Capital Limited (Joint Broker)
Rupert Williams / Jeremy Woodgate
Cornhill Capital Ltd (Joint Broker)
+44 (0) 20 3651 2910
+44 (0) 20 7710 9610
Nick Bealer / Colin Rowbury
Walbrook PR (Financial PR)
+44 (0) 20 7933 8797
Gary Middleton / Nick Rome
This information is provided by RNSThe company news service from the London Stock ExchangeENDDISGMGZNLKKGVZM
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