Nostra Terra provide results from the first horizontal well within the Warrior Prospect, which is operated by Crown Energy Company. NTOG has a 10 percent working interest in this prospect.
The well has been completed and is on production. The well has been stabilizing over the last 10 days, following the frac and flow-back period. Current indications are that the well should become stable at approximately 50 barrels of oil per day or so. The well is still recovering frac fluid and as such this is a very early indication of the well's likely level of production.
The Company will provide an update on the well's ongoing productivity in due course.