TIDMNTOG

RNS Number : 8288T

Nostra Terra Oil & Gas Company PLC

17 October 2017

17 October 2017

Nostra Terra Oil and Gas Company plc

("Nostra Terra" or the "Company")

Completion of Disposal of Magnolia Petroleum Shares

Nostra Terra (AIM:NTOG), the oil and gas exploration and production company with a portfolio of assets in the USA and Egypt is pleased to announce that is has sold its remaining holding of 152,000,000 ordinary shares in Magnolia Petroleum plc ("Magnolia").

As a result of this disposal, and the earlier disposals undertaken by the Company, Nostra Terra is pleased to report it has been able to realise a total consideration of GBP167,500 for its holding of Magnolia ordinary shares, which is a 34% premium to the GBP125,000 the Company originally paid to acquire the shares.

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.

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

 
 Nostra Terra Oil and Gas Company 
  plc 
  Matt Lofgran, CEO                         +1 480 993 8933 
 Strand Hanson Limited 
  (Nominated & Financial Adviser and 
  Joint Broker)                             +44 (0) 20 7409 3494 
 Rory Murphy / Ritchie Balmer / Jack 
  Botros 
 
 Smaller Company Capital Limited (Joint 
  Broker)                                   +44 (0) 20 3651 2910 
 Rupert Williams / Jeremy Woodgate

This information is provided by RNS

The company news service from the London Stock Exchange

END

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October 17, 2017 06:34 ET (10:34 GMT)

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