Nostra Terra’s core asset is the Pine Mills Field in East Texas, USA where it has a 100% working interest in the prolific East Texas region, USA. Pine Mills is a shallow, long-life conventional oil-producing asset with high-quality producing horizons. It covers an area of approximately 2,400 acres and has been developed through a series of production and injection wells, establishing an efficient waterflood program. The field is also cut by a series of faults that have isolated portions of the field from the main fault block. These isolated fault blocks have not been fully developed, and recent drilling has found new productive horizons at original reservoir conditions. The field is covered in modern 3D seismic, and the Company has an extensive technical program underway to map and develop the remaining fault blocks.
