East Ghazalat Concession | Egypt Oil & Gas

NTI, North Petroleum Settle on East Ghazalat Concession

Nostra Terra Inc. (NTI), a wholly owned subsidiary of North Terra Oil and Gas Company plc, has conditionally agreed with North Petroleum International Company SA on East Ghazalat concession.

IRE Settled East Ghazalat’s Loan

Independent Resources Egypt Ltd (IRE) agreed to pay $200,000 to TransGlobe Petroleum International as a full and final settlement of a US$2.5mln loan note.

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