Tillkännagivande • 5h
Buccaneer Energy plc. has filed a Follow-on Equity Offering in the amount of £0.319 million. Buccaneer Energy plc. has filed a Follow-on Equity Offering in the amount of £0.319 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 3,025,000,000
Price\Range: £0.0001
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 165,000,000
Price\Range: £0.0001
Transaction Features: Subsequent Direct Listing Tillkännagivande • Jul 13
Buccaneer Energy plc announces Production and Operations Update Buccaneer Energy provided the following update on operations at its Pine Mills field in East Texas. Production and Financial Performance: The Company's current average net production is approximately 135 bopd, with the asset generating positive free cash flow at current oil prices. When the current management team assumed responsibility for Buccaneer in mid-2024, Pine Mills was producing approximately 54 barrels of oil per day (bopd) after a period of underinvestment and cash-flow misallocation. In May 2026, the Pine Mills and Fouke assets generated approximately $250,000 in positive net cash flow to the Company at realised prices exceeding $100 per barrel, reflecting the quality of the reservoir and the material improvement in operational efficiency achieved over the past 24 months. This continued strengthening of the Texas platform underpins the Board's growing focus on identifying opportunities of materially greater scale, as set out further below. Operating costs have been reduced to manageable levels, with general and administrative expenses ("G&A"), comprising principally listing costs and staffing, now running well within the cash generated by the existing production base, allowing the Company to comfortably service interest on its legacy debt obligations. and now begin to pay down its outstanding debt, further strengthening its financial position. The Company continues to maintain a constructive relationship with WAFD Bank, its lending facility provider. Having stabilised the cost base and established a solid foundation for growth, the Company's focus is now shifting towards incremental organic production upside across the existing asset base. The Carlisle-1 acquisition is illustrative of this high-return approach: management has applied throughout the turnarounda modest, disciplined investment delivering rapid payback and immediate cash flow contribution. The Carlisle acquisition, combined with the Fouke enhanced recovery scheme and the Pine Mills Organic Oil Recovery (OOR) program, provides the foundation upon which the Board expects to organically grow average net production towards approximately 250 bopd in the near term. The Fouke area waterflood programme remains on schedule to commence in the late third quarter of 2026. Unitisation of leaseholders is progressing, and the acquisition of the Carlisle-1 well earlier this year for $425,000 has increased the Company's working interest in the proposed waterflood unit to above 50%, giving Buccaneer operational control of the programme going forward. The Carlisle-1 well has added approximately 25 barrels of oil per day (bopd) and generated $65,000 of free cash flow in May alone, implying payback in just over six months. The OOR pilot programme, initiated at the end of 2025 in partnership with Hunting PLC, has continued to deliver encouraging results. One treated well moved from a 90% water cut to effectively water-free production, a result that has been sustained over the four months post-treatment. The reduction in water-handling requirements has a direct and material impact on operating costs, as the power required for water management is the second-largest cost component at Pine Mills after staffing. The Company intends to expand the OOR programme across the field in progressive stages without material upfront capital investment. Through a disciplined programme of workovers, cost reduction, and a targeted bolt-on acquisition, production has increased significantly since 2024, the Company is cash-generative, and legacy liabilities are being well managed. The Board views the Texas operations as the foundation from which the Company is now positioned to pursue opportunities in both local and potentially international energy markets where the Board sees the opportunity to deliver higher-value returns to shareholders. Buccaneer is actively evaluating opportunities that reflect the Board's ambition to build a business of materially greater scale, and the Company looks forward to providing further updates in due course. New Risk • Jun 02
New major risk - Revenue and earnings growth Earnings have declined by 13% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (13% average weekly change). Negative equity (-US$1.4m). Earnings have declined by 13% per year over the past 5 years. Shareholders have been substantially diluted in the past year (289% increase in shares outstanding). Market cap is less than US$10m (UK£2.04m market cap, or US$2.75m). Minor Risk Revenue is less than US$5m (US$1.5m revenue). Reported Earnings • May 31
Full year 2025 earnings: EPS and revenues miss analyst expectations Full year 2025 results: EPS: US$0. Revenue: US$1.51m (down 26% from FY 2024). Net loss: US$2.18m (loss widened 44% from FY 2024). Revenue missed analyst estimates by 36%. Earnings per share (EPS) exceeded analyst estimates. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 1.9% growth forecast for the Oil and Gas industry in the United Kingdom. Tillkännagivande • May 30
Buccaneer Energy plc., Annual General Meeting, Jun 30, 2026 Buccaneer Energy plc., Annual General Meeting, Jun 30, 2026. Location: the offices of druces llp, 99 gresham st, ec2v 7ng, london United Kingdom New Risk • Apr 14
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Negative equity (-US$1.7m). Shareholders have been substantially diluted in the past year (289% increase in shares outstanding). Market cap is less than US$10m (UK£1.67m market cap, or US$2.27m). Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Share price has been volatile over the past 3 months (12% average weekly change). Revenue is less than US$5m (US$2.0m revenue). Tillkännagivande • Mar 17
Buccaneer Energy plc. (AIM:BUCE) acquired Carlisle-1 oil well in East Texas. Buccaneer Energy plc. (AIM:BUCE) acquired Carlisle-1 oil well in East Texas on March 13, 2026.
The transaction has an effective date of January 1, 2026 and was partially funded through the £0.35 million fundraise announced on March 2, 2026.
Buccaneer Energy plc. (AIM:BUCE) completed the acquisition of Carlisle-1 oil well in East Texas on March 13, 2026. Tillkännagivande • Mar 03
Buccaneer Energy plc. has completed a Follow-on Equity Offering in the amount of £0.35 million. Buccaneer Energy plc. has completed a Follow-on Equity Offering in the amount of £0.35 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 2,300,000,000
Price\Range: £0.0001
Security Features: Attached Warrants
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 1,200,000,000
Price\Range: £0.0001
Security Features: Attached Warrants
Transaction Features: Subsequent Direct Listing Tillkännagivande • Feb 16
Buccaneer Energy Announces Successful Organic Oil Recovery Pilot Project Buccaneer Energy announced the successful completion of an Organic Oil Recovery ("OOR") pilot project (the "Pilot Project" or "Pilot") in its Pine Mills field in East Texas. The Pilot Project was implemented in the northern section of the Pine Mills field within the Battery 3 area. This is a section of the field where the Company recently returned the water injector to service during its 2-Phase workover program. The injector had been previously shut in for over two years. OOR is a process that involves injecting a nutrient mixture into the reservoir to stimulate the growth of naturally occurring microorganisms. These microbes grow rapidly and alter their surface properties from hydrophilic (attracted to water) to hydrophobic (repelled by water). These property changes reduce the interfacial tension between the rock face and the reservoir oil, improving the mobility of residual oil within mature waterflood systems. One treated producer experienced a significant reduction in water cut immediately following treatment. The Pilot Project involved treating the water injection well and two of the four producing wells in the Battery 3 area. Prior to treatment, production from the area averaged 15 bopd (Jan 1-15, 2026); after treatment, it averaged 30 bopd (Jan 29 - Feb. 15, 2026), a 100% increase. The Company will continue to evaluate production performance at the treated wells and more generally as it prepares for the next phase of field implementation. Based on these encouraging early results, Buccaneer plans to treat the two remaining wells in the Battery 3 area as part of a March follow-up program. In parallel, Buccaneer is working with the service provider to expand the OOR program across the Pine Mills field during the second quarter of 2026. Tillkännagivande • Dec 16
Buccaneer Energy plc Provides Operational Update Regarding the Next Phase of Development in the Fouke Area of the Pine Mills Field Buccaneer Energy provided an operational update regarding the next phase of development in the Fouke area of the Pine Mills field (32.5% Working Interest). Following recent technical evaluation of the recently drilled Allar #1 well results and the newly acquired offset acreage, the Company intends to implement a secondary recovery (waterflood) scheme using the Turner #1 and Daniel #1 wells as dedicated injection wells. The new offset lease provides the injection locations necessary to initiate this secondary recovery scheme. Highlights: The Turner #1 and Daniel # 1 wells, located at the downdip limits of the productive reservoir interval, and are considered optimal positions for water injection. Water injection will increase reservoir pressure, helping to stabilise and ultimatelyve recovery. Waterflood schemes have a long and successful history in the Pine Mills region, with an enhanced recovery waterflood, scheme has been active for more than 50 years. Primary recovery in the Fouke area totals 333,851 barrels of oil ("bbls") as of September 2025, with expected additional waterflood recoverable volumes to range between 667,000 and 1,002,000 barrels. Turner #1 will be returned to production ahead of waterflood initiation, adding incremental production during the preparation phase. Drilling of the Fouke #4 and the sidetrack of the Allar #1will follow the successful commissioning of the waterflood system. Waterflooding has a long history of success in the Pine Mills field and surrounding areas. Primary recovery typically ranges between 5% and 20%, of the original oil in place ("OOIP"), averaging around 15% in the region. Under waterflood, recovery efficiencies commonly improve to between 30% and 50% of the OOIP. As a result, remaining recoverable volumes in the Fouke area are expected to increase by two to three times, with current estimates indicating 667,000 to 1,002,000 bbls could ultimately be recovered. Before a waterflood can commence, the relevant regulator, the Texas Railroad Commission, requires the formation of a "waterflood unit" comprising all leaseholders and royalty owners within the proposed area. The Company anticipates that forming the unit and constructing the required waterflood facilities will take up to six months. During this period, Buccaneer plans to reinstate production from Turner #1, which is expected to deliver a modest contribution to current field output while preparatory engineering and regulatory work progresses. Further updates will be provided as the Company advances the development of the Fouke waterflood project. Tillkännagivande • Nov 10
Buccaneer Energy plc Announces Results of Allar #1 Buccaneer Energy announced that the Allar #1 well (32.5% WI) in the Fouke area of the Pine Mills Field has been drilled to a total depth of 5,767 feet and encountered a shaly oil sand sequence in the 2nd sub-Clarksville unit at a depth of 5,616 ft which did not contain a commercial hydrocarbon accumulation. The well was drilled safely, within the anticipated timeline, and will now be plugged and abandoned. Following the completion of this process, the drilling rig will be released and is expected to return to the Pine Mills Field to drill the Fouke #4 well. Buy Or Sell Opportunity • Nov 03
Now 35% undervalued after recent price drop Over the last 90 days, the stock has fallen 2.8% to UK£0.00017. The fair value is estimated to be UK£0.00027, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 25% over the last 3 years. Earnings per share has grown by 14%. Revenue is forecast to grow by 48% in a year. Earnings are forecast to grow by 100% in the next year. Tillkännagivande • Oct 17
Buccaneer Energy plc Announces Construction of Allar #1 Well Site Buccaneer Energy announced that construction has commenced at the location of its upcoming Allar #1 well (the "well"), the first of two planned development locations in the Fouke area of the Pine Mills Field. Allar #1 is tentatively expected to spud in late October, following the completion of site preparation and associated civil works, which are now under way. Drilling operations are anticipated to take up to two weeks to complete and evaluate. The Allar #1 well is designed to build on the Company's recent operational success in the Fouke area and forms part of its broader strategy to enhance production and unlock further value across the Pine Mills Field. Reported Earnings • Sep 29
First half 2025 earnings released: EPS: US$0 (vs US$0.001 loss in 1H 2024) First half 2025 results: EPS: US$0. Revenue: US$889.0k (down 5.2% from 1H 2024). Net loss: US$945.0k (loss widened 19% from 1H 2024). Revenue is forecast to grow 6.9% p.a. on average during the next 3 years, compared to a 3.3% growth forecast for the Oil and Gas industry in the United Kingdom. Buy Or Sell Opportunity • Aug 28
Now 20% undervalued Over the last 90 days, the stock has risen 16% to UK£0.00016. The fair value is estimated to be UK£0.0002, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 11% over the last 3 years. Earnings per share has grown by 16%. Revenue is forecast to grow by 32% in a year. Earnings are forecast to grow by 80% in the next year. Tillkännagivande • Aug 19
Buccaneer Energy plc. has completed a Follow-on Equity Offering in the amount of £0.6 million. Buccaneer Energy plc. has completed a Follow-on Equity Offering in the amount of £0.6 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 3,833,333,333
Price\Range: £0.00015
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 166,666,667
Price\Range: £0.00015
Transaction Features: Subsequent Direct Listing New Risk • May 27
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of British stocks, typically moving 11% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (11% average weekly change). Negative equity (-US$1.3m). Shareholders have been substantially diluted in the past year (367% increase in shares outstanding). Market cap is less than US$10m (UK£716.3k market cap, or US$967.4k). Minor Risk Revenue is less than US$5m (US$2.0m revenue). Reported Earnings • May 23
Full year 2024 earnings released: US$0.001 loss per share (vs US$0.001 loss in FY 2023) Full year 2024 results: US$0.001 loss per share (in line with FY 2023). Revenue: US$2.04m (down 28% from FY 2023). Net loss: US$1.51m (loss widened 220% from FY 2023). Tillkännagivande • May 23
Nostra Terra Oil and Gas Company plc, Annual General Meeting, Jun 20, 2025 Nostra Terra Oil and Gas Company plc, Annual General Meeting, Jun 20, 2025. Location: the offices of druces llp, salisbury house, london wall, ec2m 5ps, london United Kingdom New Risk • Apr 07
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (14% average weekly change). Negative equity (-US$1.9m). Shareholders have been substantially diluted in the past year (367% increase in shares outstanding). Market cap is less than US$10m (UK£859.6k market cap, or US$1.10m). Minor Risks Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Revenue is less than US$5m (US$2.3m revenue). Tillkännagivande • Apr 04
Nostra Terra Oil and Gas Company plc Announces Partner Approval for Fouke 3 Well Operational Update Nostra Terra Oil and Gas Company Plc provided the following update. Working interest partner has agreed on a location to drill the Fouke 3 well (32.5% NTOG), with planning ongoing and operational work likely to commence in third quarter 2025. Four of the five Pine Mills Phase 2 well workovers are now complete. Total Company oil production is currently averaging ca.130 bopd net. Production from Pine Mills, currently at 90 bopd net, is expected to increase to between 100 and 135 bopd net on completion in a fortnight following field electrical upgrades. Encouraging results seen from the waterflood restart where two pumping units have been upsized to handle increased fluid flow in the north of the field. An additional Electrical Submersible Pump has been ordered to handle increased volumes in a third well in the north of the field". Tillkännagivande • Feb 24
Nostra Terra Oil and Gas Company plc Provides Production and Operations Update Nostra Terra Oil and Gas Company Plc provided the following update. Company total oil production is currently averaging ca.130 bopd net. Three of the five Pine Mills Phase 2 well workovers now complete. Since the start of the Phase 2 work-over program, Production at Pine Mills recently hit a new peak rate of 106 bopd (WI 100%), a near doubling since workover programs commenced. Production at the Fouke area continues to produce at 100 bopd gross (WI 32.5%), with no decline since May 2024. Early signs show a positive waterflood response in the north end of the field. The company continues to be cashflow positive at corporate and operational levels. Production Company oil production is currently averaging 130 bopd net (average of five days to 17 February 2025), up significantly due to the contribution from the first and second phases of the planned workover program at Pine Mills in which NTOG has a 100% working interest ("WI"). Since September 2024, seven previously shut-in wells have been returned to production with one of the worked-over wells still shut in, waiting for a pumping unit to be delivered. In the northern section of the field, where the waterflood was restarted in September 2024, the reservoir pressure has increased back to pre-shut-in levels, and production has started to increase. However, one of the wells, which is expected to benefit the most, is awaiting the installation of a new pumping unit, as the previous unit was undersized and couldn't handle the increased flow rates. That installation will be completed by the end of February 2025. Once installed, all eight of the work-over wells will be on production, and further production increases are expected. The second phase of the Pine Mills workover program commenced at the end of December 2024, and the first well was returned to production on 20 January 2025. The rig completed two additional workovers and was released while the field crew installs new pumping units on these last two wells and upgrades the pumping unit in the northern section of the field. While undertaking the workover programs, it became apparent that some of the existing surface processing equipment was undersized for the increased fluid volumes these wells can now deliver. Surface equipment is now being upgraded to allow the production of greater fluid volumes with expected corresponding higher oil production rates; now expect to exceed initial estimates for increased oil output prepared at the time of commencing the workover program. Tillkännagivande • Jan 02
Nostra Terra Oil and Gas Company plc Announces Retirement of John Stafford, Non-Executive Director Nostra Terra Oil and Gas Company plc announced that, as of 1 January 2025, John Stafford, Non-Executive Director, has retired from the Company and stepped down from the Board of Nostra Terra. Tillkännagivande • Nov 11
Nostra Terra Oil and Gas Company plc Provides Production and Operations Update Nostra Terra provided a production and operations update on the Company. Production: Company oil production is currently averaging 120 bopd net, up significantly due to the contribution from the first phase of the planned workover program at Pine Mills in which NTOG has a 100% working interest ("WI"). Five previously shut-in wells have been returned to production. Pine Mills is currently averaging 80 bopd gross. This field rate does not include the Fouke production or any benefit from restarting of the enhanced oil recovery project or "waterflood". To date, the work-over program has resulted in a production increase by an average of 30 barrels of oil per day ("bopd") from the five restarted wells. The work in the field, combined with the recent technical work, has identified a number of additional profitable work-over candidates that are expected to be completed in a second phase of the work-over program. The waterflood in the northern section of the field, which had been shut for over two years, has also been restarted. The waterflood response is expected to take approximately three months from the restart of injection to see the first results, with the full benefit expected after six months of continuous injection. The full benefit of the waterflood response is expected to deliver an additional 15-30 bopd. The Fouke 1 & 2 oil wells in which NTOG has a 32.5% WI are producing at a combined average of 105 bopd gross, water-free, and without decline since May 2024. Recently completed technical work in the Fouke area has identified a 30-acre structure within the current lease, north of the Fouke 2 well, that is drill-ready and expected to contain more than 200,000 barrels gross of recoverable oil reserves in the sub-Clarksville reservoir. Further work is also being done to evaluate two additional structures within the field that may have similar potential. Reported Earnings • Sep 25
First half 2024 earnings released: US$0.001 loss per share (vs US$0 in 1H 2023) First half 2024 results: US$0.001 loss per share (further deteriorated from US$0 in 1H 2023). Revenue: US$938.0k (down 36% from 1H 2023). Net loss: US$792.0k (down US$840.0k from profit in 1H 2023). Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has fallen by 53% per year, which means it is significantly lagging earnings. New Risk • Aug 08
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 238% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (20% average weekly change). Negative equity (-US$1.5m). Shareholders have been substantially diluted in the past year (238% increase in shares outstanding). Market cap is less than US$10m (UK£769.1k market cap, or US$980.2k). Minor Risk Revenue is less than US$5m (US$2.8m revenue). Reported Earnings • Jun 04
Full year 2023 earnings released: US$0.001 loss per share (vs US$0.001 loss in FY 2022) Full year 2023 results: US$0.001 loss per share (in line with FY 2022). Revenue: US$2.82m (down 30% from FY 2022). Net loss: US$472.0k (loss narrowed 14% from FY 2022). Over the last 3 years on average, earnings per share has increased by 62% per year but the company’s share price has fallen by 37% per year, which means it is significantly lagging earnings. Tillkännagivande • Jun 02
Nostra Terra Oil and Gas Company plc, Annual General Meeting, Jun 27, 2024 Nostra Terra Oil and Gas Company plc, Annual General Meeting, Jun 27, 2024. Location: the offices of druces llp, salisbury house, london wall, ec2m 5ps, london United Kingdom Tillkännagivande • May 21
Nostra Terra Oil and Gas Company plc Announces CEO Changes Nostra Terra announced changes to its board of directors with effect from 20 May 2024. Matt Lofgran, Nostra Terra's long-serving CEO, has stepped down from the role to concentrate on other interests. Matt has led the Company since 2009 and he will continue to provide support to the Company as an advisor for a 6 month transition period. Paul Welch, currently a non-executive director of the Company, will move to the role of CEO with immediate effect. Paul has extensive experience of working in the Texas oil and gas industry. Overall, he hasmore than 30 years of industry experience, having worked for Shell Oil Company for 15 years and for several large independents, including Hunt Oil Company and Pioneer Natural Resources. Paul was CEO of AIM-listed explorer Chariot Oil and Gas (2009-2012) and subsequently of Sea Dragon Energy and SDX Energy, the latter until 2019. He was appointed as CEO of Cosimo Holding Ltd. in 2019. Paul was also appointed Chairman of Main Market ACP Energy PLC in 2022. He graduated from the Colorado School of Mines with bachelor's and master's degrees in petroleum engineering. He also holds an MBA in Finance from Southern Methodist University (SMU) in Dallas, Texas. New Risk • Apr 15
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (13% average weekly change). Negative equity (-US$995k). Market cap is less than US$10m (UK£1.09m market cap, or US$1.36m). Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Shareholders have been diluted in the past year (37% increase in shares outstanding). Revenue is less than US$5m (US$3.5m revenue). New Risk • Feb 15
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of British stocks, typically moving 11% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (11% average weekly change). Negative equity (-US$995k). Market cap is less than US$10m (UK£1.15m market cap, or US$1.44m). Minor Risks Shareholders have been diluted in the past year (37% increase in shares outstanding). Revenue is less than US$5m (US$3.5m revenue). Tillkännagivande • Jan 11
Nostra Terra Oil and Gas Company plc has completed a Follow-on Equity Offering in the amount of £0.3 million. Nostra Terra Oil and Gas Company plc has completed a Follow-on Equity Offering in the amount of £0.3 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 250,000,000
Price\Range: £0.0012
Transaction Features: Subsequent Direct Listing Reported Earnings • Oct 02
First half 2023 earnings released: EPS: US$0 (vs US$0 in 1H 2022) First half 2023 results: EPS: US$0 (in line with 1H 2022). Revenue: US$1.47m (down 27% from 1H 2022). Net income: US$48.0k (up US$251.0k from 1H 2022). Profit margin: 3.3% (up from net loss in 1H 2022). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 73% per year but the company’s share price has fallen by 22% per year, which means it is significantly lagging earnings. New Risk • Jul 23
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of British stocks, typically moving 7.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$973k free cash flow). Negative equity (-US$1.1m). Market cap is less than US$10m (UK£970.5k market cap, or US$1.25m). Minor Risks Share price has been volatile over the past 3 months (7.5% average weekly change). Revenue is less than US$5m (US$4.0m revenue). Tillkännagivande • Jun 02
Nostra Terra Oil and Gas Company plc, Annual General Meeting, Jun 30, 2023 Nostra Terra Oil and Gas Company plc, Annual General Meeting, Jun 30, 2023, at 10:00 Coordinated Universal Time. Location: Salisbury House, London Wall London United Kingdom Reported Earnings • Jun 02
Full year 2022 earnings released: US$0.001 loss per share (vs US$0.002 loss in FY 2021) Full year 2022 results: US$0.001 loss per share (improved from US$0.002 loss in FY 2021). Revenue: US$4.02m (up 76% from FY 2021). Net loss: US$546.0k (loss narrowed 50% from FY 2021). Over the last 3 years on average, earnings per share has increased by 76% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Non-Executive Director Paul Welch was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Sep 30
First half 2022 earnings released: EPS: US$0 (vs US$0 in 1H 2021) First half 2022 results: EPS: US$0 (in line with 1H 2021). Revenue: US$2.00m (up 108% from 1H 2021). Net loss: US$203.0k (loss narrowed 25% from 1H 2021). Over the last 3 years on average, earnings per share has increased by 61% per year but the company’s share price has fallen by 43% per year, which means it is significantly lagging earnings. Reported Earnings • Jun 09
Full year 2021 earnings released Full year 2021 results: Revenue: US$2.28m (up 123% from FY 2020). Net loss: US$1.09m (loss narrowed 16% from FY 2020). Combined production Oil equivalent production: 0.037 MMboe (0.03 MMboe in FY 2020) Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Non-Executive Director Paul Welch was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Jun 18
Full year 2020 earnings released: US$0.003 loss per share (vs US$0.009 loss in FY 2019) The company reported a soft full year result with weaker revenues and control over costs, although losses reduced. Full year 2020 results: Revenue: US$1.03m (down 43% from FY 2019). Net loss: US$1.30m (loss narrowed 25% from FY 2019). Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has fallen by 48% per year, which means it is significantly lagging earnings.