Fluid Lift System Installed at 16-20-38-24 W4 Well in Joffre
WINNIPEG, Oct. 18 /CNW/ - Donald Benson, Chairman and Chief Executive
Officer of Nordic Oil and Gas Ltd. ("Nordic" or the "Corporation"), today
announced that the Corporation has engaged the services of Petro-Find Geochem
Ltd. to undertake hydrocarbon soil gas surveys in its two most northerly
townships in Preeceville, Saskatchewan, Canada. These surveys will assist
Nordic in making a qualified and informed decision as to where it will drill
its next well in the Preeceville area.
"Petro-Find Geochem is engaged in research and development of new
exploration and environmental concepts and methods reducing risk at every
stage of the exploration process," said Mr. Benson. "Soil gas surveys can
quickly ascertain, at low cost, the oil and gas potential over wide regions as
well as pinpoint areas for focused exploration and follow-up.
"The information gathered from these surveys will allow us to identify
our next well location at Preeceville, which we anticipate drilling in the
summer of 2008," he added.
In further news, Mr. Benson also announced today that a fluid lift system
has now been installed in the Corporation's 16-20-38-24 W4 well in Joffre,
Alberta. In addition, a fluid lift system will be installed shortly at
Nordic's 15-12-38-25 W4 well, also in Joffre.
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 Company 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.
For further information:
For further information: Donald Benson, Chairman & CEO, Nordic Oil & Gas
Ltd., Tel: (204) 956-5042, Fax: (204) 897-7154, E-mail: email@example.com,