StockBox Media speaks to Paul Welch, CEO of Nostra Oil & Gas (LON:NTOG), following the recent announcement that their partner has approved the Fouke 3 well location in Texas. Welch discusses the strategic importance of the well, low operating costs, funding plans, and future production potential.
Key topics include:
🔹 Fouke 3 well approval and expected Q3 spud
🔹 Low-cost operations ($3–$4 per barrel)
🔹 Current production exceeding 130 barrels of oil per day
🔹 Future potential with enhanced recovery
🔹 M&A opportunities and plans to scale to 5,000 bopd
🔗 Latest Research Talks Video:
https://www.youtube.com/watch?v=2ThCX_L6S9A
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