Nostra Terra says that in December the company declared the approval of an Exploratory Unit by the Bureau of Land Management, which creates numerous benefits such as a single commercial well which perpetuates all leases within the entire Unit, as well as allowing us to operate multiple leases as a single lease under a single operator.

The permitting process is underway and anticipated to be complete within weeks. An extension to drill the Paw Paw Prospect has been agreed by Koch Exploration, Inc.

Tags: Nostra Terra Oil & Gas