Nostra Terra Oil and Gas
Unfortunately, we could not get stock quote LON:NTOG this time.
Market Cap: £2.33M
Price: 2.90 GBX
Nostra Terra Oil and Gas Company plc is engaged in the exploitation of hydrocarbon resources in the United States midcontinent and Egypt. The Company’s segments include US mid-continent and Head office
This is a stock that I added to my portfolio back in June – Since which time it was in a steady decline. Oil exploration is always hit or bust but the sharp increase today shows its binary nature with a 119% increase in the stock price. The news of securing hedging with BP, although a deal has been in the pipeline for quite some time is looking finally to come to fruition – it will be interesting to see what happens here over the coming days