Nostra Terra is pleased to announce its seventh well in the Chisholm Trail Prospect (CT7). Nostra Terra, following forced pooling, has acquired a net Working Interest of approximately 1.61% in its first horizontal well in the Mississippian Play, which intersects the Chisholm Trail Prospect. Drilling has already commenced on the well. The working interest in the CT7 well results from additional acreage recently acquired by the Company.

The Mississippian Play has been widely exploited in other parts of Northern Oklahoma and Southern Kansas. The current activity stretches from Harper County, Oklahoma, on the West to Osage County, Oklahoma, on the East and from Kingfisher County on the South, to beyond Sumner County, Kansas, on the North. Range Resources Corp. of Fort Worth, Texas, holds roughly 157,000 net acres in the Oklahoma portion of the Mississippian Play, where it completed 18 horizontal wells last year, four of which averaged 24-hr IP of more than 1,000 boepd, including 82% liquids. Range said that its latest production results confirm its estimate of 600 Mboe EUR, since switching to laterals longer than 3,500 ft.

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