North West Oil Group, Inc. (NWOL)

[eik]

Two random but interesting facts:
- some Russian sources post recent information about NWOG-Syria deal under the title: “RF Defense Ministry will develop Syria’s oil sector”: http://www.rosinvest.com/news/231129/ like if Defense Ministry has already approved the deal. Nothing really new in contents, but still interesting;

- it appears that NWOG has access to very big sources of financing. I always believed $350 mln for Magma was a huge amount for them that would require JV partner. But according to http://assoneft.ru/press/press.html?id=680 when bidding for Udmurtneft, NWOG was able to pay only $1.5 bln (with “b”!). That’s why they had to find Oil India to increase the bid. For “only $1.5 bln” they can acquire a lot of assets. I am ready for the promised “chain of PRs” :)

P.S. Don't open the links! They are in Russian and posted just to show that I am not making this up. :)