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North-West Oil Group Inc. Reveals the First Results of Well-Drilling

Friday October 19, 10:34 am ET

MOSCOW--(MARKET WIRE)--Oct 19, 2007 -- North-West Oil Group Inc. (Other OTC:NWOL.PK - News) today announced initial outcomes of drilling of the first of two potentially commercial wells in Saratov region. Drilling as deep as 550 metres has been effectuated so far.
Source: North-West Oil Group


Mr. Malyshev, President of North West Oil Group Inc., stated, "The drilling process matches with the confirmed plan. The results of the drilling wholly meet our expectations."

About North West Oil Group Inc. (formerly Nord Oil International): North West Oil Group is Inc. a publicly traded Oil & Gas company trading under the ticker symbol NWOL.PK on the U.S. Pinksheets market.

Forward-Looking Statements

All statements in this news release that are other than statements of historical facts are forward-looking statements, which contain our current expectations about our future results. Forward-looking statements involve numerous risks and uncertainties. We have attempted to identify any forward-looking statements by using words such as "anticipates," "believes," "could," "expects," "intends," "may," "should" and other similar expressions. Although we believe that the expectations reflected in all of our forward-looking statements are reasonable, we can give no assurance that such expectations will prove to be correct.

A number of factors may affect our future results and may cause those results to differ materially from those indicated in any forward-looking statements made by us or on our behalf. Such factors include our limited operating history; our need for significant capital to finance internal growth as well as strategic acquisitions; our ability to attract and retain key employees and strategic partners; our ability to achieve and maintain profitability; fluctuations in the trading price and volume of our stock; competition from other providers of similar products and services; and other unanticipated future events and conditions.

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Contact:
Contact:

Tatiana Sazonova
North-West Oil Group Inc.
Tel: +7 495 621 11 15
E-Mail: sazonova@szng.ru
Web: http://www.szng.ru

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Autor (Datum des Eintrages): boom2  (19.10.07 17:01:42)
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