TIDMNTOG

RNS Number : 9632T

Nostra Terra Oil & Gas Company PLC

01 April 2016

1 April 2016

Nostra Terra Oil and Gas Company plc

("Nostra Terra" or the "Company")

Proposed Permian Basin Acquisition Update

Further to the announcement of 22 February 2016 regarding the proposed acquisition of a 60% interest in producing assets in the Permian Basin of New Mexico from Alamo Resources II, LLC, Nostra Terra announces that it is in the process of negotiating an extension to the original closing date of 31 March 2016 (as previously announced). The Company expects to be in a position to make an announcement in this respect early next week.

For further information, visit www.ntog.co.uk or contact:

 
  Nostra Terra Oil and Gas 
   Company plc 
   Matt Lofgran, CEO 
   mlofgran@ntog.co.uk            +1 480 993 8933 
  Strand Hanson Limited 
   (Nominated & Financial         +44 (0) 20 7409 
   Adviser and Joint Broker)                 3494 
  Rory Murphy / Ritchie 
   Balmer 
 
  Cornhill Capital Ltd (Joint     +44 (0) 20 7710 
   Broker)                                   9610 
  Nick Bealer / Colin Rowbury 
                                  +44 (0) 20 7933 
  Walbrook PR                                8797 
  Gary Middleton / Nick 
   Rome

This information is provided by RNS

The company news service from the London Stock Exchange

END

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(END) Dow Jones Newswires

April 01, 2016 11:24 ET (15:24 GMT)

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