Nostra Terra is pleased to provide an operational and production update on various assets.
◾ Annual production increase of over 150%* reached in November 2013, exceeding guidance ahead of schedule
◾ October 2013 net production averaged 60 boepd (net of royalties)
◾ Participating in 5 additional wells (since the last Quarterly Operations Update covering Q3 2013)
◾ Participating in 2nd test well in the Mississippian formation, which offers potential to increase the number of drilling locations in the Chisholm Trail Prospect
◾ Testing of the third well in the Verde Prospect is complete and the well has been put into continuous production
◾ Company remains cash flow positive on an operational basis, with excess cash being re-invested in new wells
◾ NTOG's largest Working Interest ("WI") in a well proposed in the Chisholm Trail Prospect, thus far, is being permitted