Source - LSE Regulatory
RNS Number : 6717A
Nostra Terra Oil & Gas Company PLC
04 February 2022






4 February 2022

Nostra Terra Oil and Gas Company Plc

("Nostra Terra" or "the Company")


Appointment of Director

Nostra Terra (AIM: NTOG), the oil & gas exploration and production company with a portfolio of development and production assets within several basins in the US, is pleased to announce that Paul Welch has been appointed as an Independent Non-Executive Director with immediate effect.

Paul is an international energy executive with over 30 years of industry experience having worked for Shell Oil Company and several large independents including Hunt Oil Company, Pioneer Natural Resources and as CEO of AIM listed explorer Chariot Limited (previously Chariot Oil and Gas Limited) (AIM: CHAR) (2009-2012) and CEO of Sea Dragon Energy (2013-2015) which in October of 2015 became SDX Energy plc (AIM: SDX) (2015-2019) following the merger with Madison PetroGas. He was subsequently appointed CEO of Cosimo Holdings Ltd in 2019, a private oil and gas company.  He is currently Chairman and Executive Director of ACP Energy, a company formed to make acquisitions in the energy sector and recently admitted to the Main Market in London.


Paul graduated from the Colorado School of Mines with both a Bachelor and Master's degrees in Petroleum Engineering. He also holds an MBA in Finance from the Southern Methodist University (SMU) in Dallas, Texas.


Dr Stephen Staley, Nostra Terra's Chairman, said:


"On behalf of everyone at Nostra Terra, I am delighted to welcome Paul onto the Board. He brings a wealth of experience gained over his impressive career in the industry, including in a number of senior leadership roles.  I have no doubt that his technical, financial and capital market experience will ensure he will quickly make a meaningful contribution as we continue to deliver value from our assets." 

Additional Information:

The information detailed below is disclosed in accordance with Rule 17 and paragraph (g) of Schedule Two of the AIM Rules. Except for the information disclosed below, there is no other information which is required to be disclosed under these rules.

Paul Michael Welch, age 59, has the following additional current and former directorships:

Current Directorships:

Cosimo Holdings Limited

ACP Energy PLC


Former Directorships in Previous Five Years:

SDX Energy Investments (UK) Limited

Sea Dragon Energy Holdings B.V.

Sea Dragon Energy (NW GEMSA) B.V.

Sea Dragon Energy (Nile) B.V.

Sea Dragon Energy (GOS) B.V.

SDX Morocco (Jersey) Limited

Sea Dragon Cooperative U.A.

SDX Energy Egypt (Jersey) Limited

SDX Energy PLC

SDX Energy Holdings (UK) Limited

SDX Morocco (UK) Limited

Sea Dragon Energy (UK) Limited

SDX Energy Egypt (Nile Delta)

SDX Energy Inc


This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) No. 596/2014, as it forms part of UK Domestic Law by virtue of the European Union (Withdrawal) Act 2018. Upon the publication of this announcement, this inside information is now considered to be in the public domain.


For further information, contact:


Nostra Terra Oil and Gas Company plc                                         Tel: +1 480 993 8933

Matt Lofgran, CEO



Beaumont Cornish Limited                                                            Tel: +44 (0) 20 7628 3396

(Nominated Adviser)

James Biddle/ Roland Cornish


Novum Securities Limited (Broker)                                                Tel: +44 (0) 207 399 9425

Jon Belliss


Lionsgate Communications (Public Relations)                               Tel: +44 (0) 7791 89250

Jonathan Charles







This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact or visit

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
Find out how to deal online from £1.50 in a SIPP, ISA or Dealing account. AJ Bell logo

Related Charts

Nostra Terra Oil And Gas Company PLC (NTOG)

+0.02p (+16.31%)
delayed 14:29PM