Nostra Terra Oil and Gas Company

What Nostra Terra Oil and Gas Company does

Nostra Terra Oil and Gas Company plc is a publicly traded, micro-cap upstream oil and gas exploration and production company listed on the London Stock Exchange under the ticker NTOG. The company is headquartered in London with primary operations in the United States, focused on conventional US onshore assets in the Permian Basin, Texas, including the Pine Mills assets and the Mesquite asset. Its core operating activity centers on hydrocarbon resource exploitation through workover programs and production enhancement at mature oilfields.

The company's revenue is generated through the sale of crude oil produced from its operated Permian Basin acreage, distributed indirectly via established commodity markets and pipeline infrastructure to refineries. Pricing is determined by prevailing market commodity prices for crude oil, with no proprietary pricing plans or subscription contracts disclosed. Production is augmented through capital workover programs; the first phase of the most recent workover at Pine Mills increased oil output by 30 barrels of oil per day (bopd), representing the principal recent operational milestone.

Nostra Terra is operated by a small team of 1-10 employees under CEO Matthew Lofgran and is funded primarily via small-scale equity issuance on the public markets. Recent capital raises include a £450,000 share subscription in July 2024 and a £500,000 share subscription and placing in November 2024, both directed at Pine Mills workover and production growth. The company carries financial distress indicators, including a debt-to-equity ratio of 437.14 and a negative price-to-earnings ratio of -2.30, with a market capitalization of approximately £468,000. It maintains an operational partnership with Buccaneer Energy involving well construction activities at Pine Mills Field.

Name

Nostra Terra Oil and Gas Company

Legal name

Nostra Terra Oil and Gas Company plc

Website

https://ntog.co.uk

Company type

Public

Founded year

2005

Operating status

Operating

Headcount range

1–10 employees

Short description

Nostra Terra Oil and Gas Company plc is a London-listed micro-cap upstream E&P company that produces crude oil from conventional onshore assets in the Permian Basin, Texas, selling into commodity markets while funding workover-driven production growth via small equity raises.

Ownership category

akta.pro rank

Product category

Upstream Oil and Gas Exploration and Production

NAICS

Crude Petroleum Extraction (21112), Oil and Gas Extraction (211)

SIC

Crude Petroleum & Natural Gas (1311)

akta.pro primary industry

Production Services & Artificial Lift (ESP, Rod Lift, Gas Lift, Chemicals) (EUALABAH)

akta.pro secondary industry

Well Completions & Stimulation (Hydraulic Fracturing, Sand Control) (EUALAAAE)

Keywords

• Oil and gas exploration
• Hydrocarbon production
• Upstream oil operations
• Permian Basin assets
• Workover programs

Headquarters

HQ city

London

HQ country

United Kingdom

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Personnel, Infrastructure, Supply Chain

Revenue model

1. Oil and Gas Production Revenue: The company generates revenue through the sale of crude oil and potentially natural gas produced from its operated assets in the Permian Basin, Texas. Production is increased through workover programs and well optimization activities.

Distribution channels1 record

Marketing channels2 records

Core offering

Nostra Terra Oil and Gas Company is an oil and gas exploration and production (E&P) company focused on developing conventional US onshore hydrocarbon resources in the Permian Basin, Texas. The company operates primarily through its Pine Mills and Mesquite assets, conducting workover programs and well optimization activities to increase oil production and cash flow from mature fields. Revenue is generated through the sale of crude oil produced from these operated Permian Basin assets.

Product overview

Nostra Terra Oil and Gas Company is a low-cost, high-margin oil and gas exploration and production (E&P) company focused on conventional US onshore assets. The company operates primarily in the Permian Basin, Texas, holding interests in the Pine Mills assets and various oilfields including the Mesquite asset. The company offers a single unified product focused on hydrocarbon resource exploitation, utilizing workover projects to enhance production and cash flow from existing assets.

Differentiator

Problem solved

Functional benefit

Products and services

• Pine Mills Assets

Quantifiable outcome

• 30 barrels of oil per day production increase

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Buccaneer EnergyminorStrategic or Co-development PartnerBuccaneer Energy has been involved in well construction activities at the Pine Mills Field asset in Texas, which is related to Nostra Terra's operations. The relationship appears operational in nature with potential for collaborative development of the Pine Mills asset area.

Scale indicators7 records

Recent moves5 records

Expansion highlights3 records

Direct peers

• Buccaneer Energy: UK AIM-listed micro-cap E&P focused on conventional US onshore assets, including co-located operations at Pine Mills Field in the Permian Basin. Operates a near-identical model: low-cost, high-margin US onshore oil production with workover-led production enhancement.
• Mosman Oil and Gas Limited: Small-cap AIM-listed E&P with diversified low-cost US onshore production interests, often pursuing similar workover and production optimization strategies on marginal/mature fields. Highly comparable in scale and operational model.
• Predator Oil & Gas Holdings: AIM-listed small-cap E&P operating a mix of upstream assets, with a comparable lean corporate structure and focus on selective, capital-efficient production programs.
• Deltic Energy plc: UK-listed small-cap upstream oil and gas company with a similar lean operating model and exposure to conventional hydrocarbon resources, often at pre-development or early production stage.
• Empyrean Energy plc: AIM-listed micro-cap E&P pursuing conventional upstream opportunities; structurally similar in size, listing venue, and approach to small-scale hydrocarbon production.
• Baron Oil plc: UK-listed small-cap E&P engaged in upstream oil and gas opportunities, comparable in corporate scale and the use of public equity markets to fund staged development programs.
• Prospera Energy Inc. Small-cap North American E&P focused on low-cost conventional onshore oil production and well optimization, with a similar emphasis on mature field workovers and capital efficiency.

Regional players

• Arrow Exploration Corp: Small-cap E&P operator focused on conventional onshore assets in the Americas (predominantly Colombia), comparable in scale and workover-led production enhancement approach but operating in a different geographic basin.

Broad incumbents

• Diversified Energy Company plc: Larger UK-listed E&P specializing in the acquisition and optimization of mature, low-cost conventional onshore US upstream assets, providing a scaled benchmark for Nostra Terra's niche model.

Others

• Mexican Gold Mining (now known as Aston Bay Holdings): Canadian-listed resource micro-cap with similar sub-£1m market cap profile and reliance on periodic small equity raises; useful as a structural/listing-venue comparable though not in oil & gas.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds4 records

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Nostra Terra Oil and Gas Company