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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?

To: Cheeky Kid who wrote (118588)	6/13/2008 6:19:14 PM
From: ogi	Read Replies (3) \| Respond to of 313121

Yes, I think so, market wants more definitive idea than oil over the shaker. Meanwhile, they have done 11 financings since Jan 07 so lots of sloppy PAPER, last financing announced two weeks ago at .60. So expect that NOG will need some decent flow rates to overcome the paper shuffle. I sold 1/4 @ .68. still evaluating the rest. They need oil because I am unimpressed with management. Cheers, Ogi

To: Cheeky Kid who wrote (118588)	6/13/2008 6:42:50 PM
From: labbe	Read Replies (3) \| Respond to of 313121

TSX TSX-VEN CDN Any US Canadian Company Press Releases NOG 2008-06-13 (provided courtesy of Canada NewsWire Group) register to receive future releases from Canada NewsWire Group [CNW] Nordic Retracts Statement Regarding Possible Reserves at Lloydminster WINNIPEG, June 13 /CNW/ - In a News Release dated June 6, 2008, regarding the start of its drilling program in Lloydminster, Alberta, Nordic Oil and Gas Ltd. ("Nordic" or "the Company") stated, "It is our view that initial rates per well could be in the area of 30 bopd and that approximately 43,000 bbls of oil could be recovered from each well on average." Due to the fact that these numbers are Company estimates only and were not prepared by an independent estimator, Nordic hereby retracts that statement. About Nordic Oil and Gas Ltd. Nordic Oil and Gas Ltd. is a junior oil and gas company engaged in the exploration and development of oil, natural gas and Coal Bed Methane in Alberta and Saskatchewan. The Corporation is listed on the TSX Venture Exchange and trades under the symbol NOG. The TSX Venture Exchange has not reviewed nor accepts responsibility for the adequacy or accuracy of the contents of this News Release. %SEDAR: 00015188E -0- 06/13/2008 /For further information: Donald Benson, Chairman & CEO, Nordic Oil & Gas Ltd., Tel: (204) 956-5042, Fax: (204) 897-7154, E-mail: dbenson57(at)shaw.ca, www.nordicoilandgas.com/ Please send comments or suggestions to feedback@mplcomm.com © 1996 - 2008 MPL Communications Inc. Legal Notices Privacy Policy