North West Oil Group, Inc. (NWOL)

[marcg]

The info you have all been waiting for: My contact has told me that Northwest-Oil is a division of SURGUTNEFTEGAS, the 2nd largest oil producer in Russia. So we're not talking about some peeny ante company. If this doesn't lend absolute cedibility to NORD, and the likelihood of a buyout then nothing will.


Surgutnefetegas is another huge Russian oil company. It also does prospecting, gas and oil field construction and development, oil and gas production and marketing, oil and petrochemical producing and marketing. It prides itself on a flexible, long-term development strategy and the use of state-of-the-art technologies. It gets its name from the territory stretching along the mid-section of the river Ob and surrounding Surgut, one of the first territories where oil and gas production began in the mid-1960s in Western Siberia. In 1993, the production association Surgutneftegas became the basis for setting up the joint stock company, now with exactly the same name. The company annual produces over 10bn cm of gas, which is one-third of all gas produced by Russian companies.

http://www.surgutneftegas.ru/eng/about.xpml

May all be well.