Nostra Terra Oil and Gas Co has announced that a dispute between its subsidiary and North Petroleum over the East Ghazalat Concession has been referred to arbitration.

Independent Resources and Nostra Terra Company said that their joint venture (JV) in Egypt, Sahara Resources GOS Incorporation, was officially issued with a commercial registration and tax ID.

UK’s Nostra Terra has confirmed that its subsidiary, Independent Resources Egypt (IRE), has now been formally registered with the Egyptian General Petroleum Corporation and is on track to start receiving revenue shared from its recently acquired stake in the East Ghazalat operations in Egypt.

TransGlobe Energy Corporation provided a mid-quarter production and operations update for the West Gharib, West Bakr, East Ghazalat and South Alamein blocks during the third quarter of 2011.