Nostra Terra Oil and Gas Company reported that drilling has begun on its initial well in the Verde prospect, located in south-eastern Colorado.
The Company has a 16.25% working interest in the Verde prospect. The initial well will be drilled to a depth of approximately 5300 feet.
Drilling of the well is expected to be completed by the end of August, depending on operations and possible formation tests. Drilling will be followed by completion and initial production testing. Nostra Terra will make further announcements as the operations progress.
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Nostra Terra
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