Nostra Terra's Texas turnaround promises a bright future

  • When Paul Welch took over as chief executive of Nostra Terra Oil and Gas Company PLC (AIM:NTOG, OTC:NTOGF) little over a year ago, he faced a simple but daunting task: Transform a stagnating business into a profitable, growth-focused enterprise. Thirteen months on, Welch's approach, combining prudent cost management, targeted investments, and disciplined project execution, is starting to bear fruit.