Nostra Terra | Egypt Oil & Gas

Nostra Terra’s East Ghazalat Dispute Referred to Arbitration

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.

Sahara Resources JV Completed Registration

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.

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.

Nostra Terra to Start Collecting East Ghazalat Revenues

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 shar ...

Nostra Terra Acquires 50% of Transglobe Concession in Western Desert

A partnership between Nostra Terra and Independent Resources have announced the group’s first North Africa acquisition—a 50% stake in Transglobe’s East Ghazalat concession

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