Nostra Terra announced that drilling has begun on the first horizontal well in the Nesbitt prospect unit, located within the producing Woodlawn field in Harrison County, Texas. The Company has a 3% working interest in the Nesbitt prospect unit, which is operated by New Century Exploration, Inc.
The well - the first of three planned within the Nesbitt prospect unit - will be drilled vertically to a depth of approximately 7,000 ft, followed by a horizontal section of up to 3,000 ft.
Drilling and initial testing of the well is expected to take approximately 30 days, and Nostra Terra will make further announcements as the operations progress.
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