18th Jun 2014 11:44
LONDON (Alliance News) - Nostra Terra Oil & Gas Company PLC said Wednesday that it was continuing to actively pursue assets to help transition to operating more of its own prospects, in a statement at its annual general meeting.
The US-based exploration and production company said it has been pleased with progress at its Chisholm Trail prospect in Oklahoma, but has also been investigation opportunities of a similar nature to quickly add production and cash flow.
Dependable revenues streams from Chisholm have left it in a more position to pursue higher-risk opportunities, it said.
Shares in Nostra Terra were trading up 4.4% at 0.282 pence Wednesday afternoon.
By Hana Stewart-Smith; [email protected]; @hanassallnews
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