Nostra Terra announced that James Newman, an existing 11.3% shareholder in the Company through the subscription by his wholly owned company, Dos Hermanos International, in the January 2024 fundraise has agreed to be appointed as a Non-Executive Director, subject to the completion of satisfactory regulatory checks. Mr. Newman is an international energy executive with over 35 years of industry experience in multiple facets of the oil & gas industry, including well abandonment, well intervention, water management, regulatory compliance, vertical and horizontal drilling and completions, and financial management. He started his career at Triple N Services (22 years), an oilfield services company, specializing in well interventions, operations, and rejuvenation of mature assets, which he successfully sold to Basic Energy Services LP, where he served in various positions for 13 years, ultimately as the Executive Vice President of Operations until he stepped down in 2021.

He is the managing partner of Clean Rig Power, a company developing zero-emission alternatives for workover rigs, and Dos Hermanos International and the CEO of Aquafortus, a private Equity-backed technology company that has developed sustainable proprietary processes to treat heavy brines in oil & gas, mining, and industrial applications. He graduated from the Colorado School of Mines with a bachelor's degree in petroleum engineering and is a registered Professional Engineer in Texas, USA. Jim is active in the Society of Petroleum Engineers, most recently serving on the SPE US Advisory Council.

Jim also sits on the Texas Tech Petroleum Advisory Board, is active on the Southwestern Petroleum Short Course board, and is a member of the Permian Basin Association. He previously served in a similar role for the Colorado Oil & Gas Association.