NOSTRA TERRA OIL AND GAS COMPANY PLC
("NTOG" or the "Company")
Correction
Acquisition of Oil and Gas Properties in Kansas, USA
15 July 2009
In the announcement released at 08:23 today, the first paragraph should have
read:
NTOG is pleased to announce that on 13 July it entered into definitive
agreements with Hewitt Petroleum, Inc. ("HPI") for the purchase and exploration
of three properties in Kansas, USA for an initial consideration of US$235,000
which has been paid in cash with US$25,000 of the balance due within 60 days of
execution of definitive agreements ("Execution"), US$425,000 within 90 days of
Execution and US$100,000 to be satisfied by the assignment by Mr Lofgran to HPI
of his working interest in another property known as the Perth field where HPI
is also a partner.
Full details of the deferred consideration payments remain as set out in the
body of the 08:23 announcement.
For further information contact:
Nostra Terra Oil and Gas Company plc
Matt Lofgran, CEO [email protected]
Tel: +1 480 993 8933
Blomfield Corporate Finance Ltd Tel: +44 (0)20 7489 4500
Alan MacKenzie/Peter Trevelyan-Clark/Ben Jeynes
Alexander David Securities Ltd Tel: +44 (0)20 7448 9820
David Scott/Jon Levinson
ENDS
Correction - Acquisition of Oil and Gas Propert...
Earlier from Buccaneer Energy
- Placing and Corporate & Directorate Update
- Restructuring of Promissory Notes
- Directorate change
- Trading Statement
- Well 1: Sale of Oil Commences
Later from Buccaneer Energy
- Acquisition, Placing & Issue of Warrants
- Reserves update
- Half-yearly report
- Holding(s) in Company & Debt Forgiveness
- Drilling Update
