New Zone Now on Production at Nordic's Natural Gas Well at Lloydminster

WINNIPEG, Sept. 30, 2011 /CNW/ - Donald Benson, Chairman and CEO of Nordic Oil and Gas Ltd. (the "Company" or "Nordic"), today announced that another zone is being placed on production in the Company's new gas well at Lloydminster, Alberta. The Company's 9-4-50-3 W4 natural gas well at Lloydminster was initially placed on production in July.

"Yesterday, we had 2100kpa of pressure on the casing of the 9-4-50-3 W34 well," Mr. Benson stated. "This well had sanded off and the previous operator allowed the lease to lapse.  As such, we intend to produce the new zone which we perforated in July up the tubing and the old zone up the casing."

Now that the Company has placed this new zone on production, "indications suggest this will be a very good well for us," he added.

Mr. Benson also stated today that Nordic has a number of additional things which it expects to conclude in the next week or so, which should have a positive impact on the price of the Company's stock.

"At Weyburn, we have completed the analysis of the three seismic lines acquired earlier this year on the existing property, and several potential drilling locations have been identified," he said. "We have exercised our option and it is our intention to undertake the drilling of an exploration well to test the Bakken zone during the fourth quarter of this year."

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. Nordic was one of the "2008 TSX Venture 50" companies, a ranking of the top 10 public venture capital companies in five industry sectors listed on the TSX Venture Exchange.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of the contents of this News Release.

This press release contains forward-looking statements with respect to Nordic Oil and Gas Ltd. properties, and matters concerning the business, operations, strategy, and financial performance of Nordic. These statements generally can be identified by use of forward-looking words such as "may", "will", "expect", "estimate", "anticipate", "intends", "believe" or "continue" or the negative thereof or similar variations. Such forward-looking statements are qualified in their entirety by the inherent risks and uncertainties surrounding future expectations, including that the estimates and projections regarding the properties are realized. Forward-looking statements are based on a number of assumptions which may prove to be incorrect. Unless otherwise stated, all forward looking statements speak only as of the date of this press release and Nordic does not undertake any obligation to update such statements except as required by law.

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SOURCE Nordic Oil

For further information:

Don Bain, Corporate Secretary.                                               
Nordic Oil and Gas Ltd.                                               
Tel. 204-229-7751                                               
Fax: 204-943-1829                       
E-mail: donbain1@mts.net
www.nordicoilandgas.com

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Nordic Oil & Gas Ltd.

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