WINNIPEG, Dec. 13 /CNW/ - An unforeseen difficulty in securing the
services of a cementing company has resulted in a short delay to the
start of drilling Nordic Oil and Gas Ltd.'s (the "Company" or
"Nordic"), (TSXV: NOG) new exploration well in the
Endeavour/Preeceville area of east-central Saskatchewan. However, the
problem has now been resolved, the required services have been secured
and work at the 4-11-35-4 W2 site is expected to commence tomorrow.
"We spent considerable time last week trying to secure the required
cementing services, a vital component to the overall drilling process,"
said Nordic Chairman and CEO, Donald Benson.
"There are some 600 rigs working in the field at present and this has
resulted in a shortage of some services required by Company's like
Nordic who are trying to get a well started in a somewhat remote area,"
he added. "It was a frustrating few days however, now that a cementing
company has become available and we have reached an agreement with
them, we are anxious to get the drilling of our well started."
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
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.
SOURCE Nordic Oil & Gas Ltd.
For further information: For further information:
Don Bain, Corporate Secretary.
Nordic Oil and Gas Ltd.