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mgd723

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mgd723

Re: wrongjoe post# 7466

Friday, 05/26/2006 12:55:32 PM

Friday, May 26, 2006 12:55:32 PM

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Wrongjoe,

They are correct, if you look at this line in the PR it states they are finalizing negotiations for the creation of a JV. So as of yet they have not entered into a JV/MOU because they have not finalized it yet.


MONTREAL--(MARKET WIRE)--May 23, 2006 -- Nord Oil / The North-West Oil Group (Other OTC:NDOL.PK - News) and its president Mr. Ernest Malyshev are pleased to announce today that they are finalizing negotiations with Oil India, a leading oil and gas state enterprise for the creation of a joint venture to develop the Russian Oil market.
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