2009-08-05-2009-08-01

To acquire 50% WI in Koelsch Field in Russell Co., KS, 25% WI in Hoffman Field in Barton, Russell cos., 50% WI in Bloom Field in Russell Co.

Nostra Terra Oil & Gas Co. Plc (London: NTOG) plans to acquire three properties in Kansas from Hewitt Petroleum Inc. for US$235,000. The assets include a 50% working interest in Koelsch Field in Russell County with two producing wells; a 25% working interest in Hoffman Field in Barton and Russell counties with five wells (two plugged); and a 50% working interest in Bloom Field in Russell County with nine wells. In June Nostra Terra announced its new strategy to acquire assets in the U.S. to diversify from Ukraine into areas of low political risk, while acquiring properties of low geological risk with significant undeveloped reserves, with an objective of developing a stable cash flow.