North West Oil Group, Inc. (NWOL)

[texas tom]

Northwest oil produces 2400 BOPD from 12 wells they operate in the Saratov region of Russia. The oil production is going to increase to 3600 BOPD in 2008. In addition, they were awarded a 1.2 billion dollar contract to operate and act as contractor by Syria for two oil refineries. I can't understand why this company is not selling at $10 per share or higher. I believe they are making tender offers for additional oil fields in Tartarstan.

The only company I can compare Northwest oil to is Chaparrel Resources. Chapparel was producing over 10,000 BOPD in Kazahkstan and selling at a rediculous low price like NWOL. I sat on Chaparrel Resources for a year before they were bought out by Lukoil.