This is the company with the OIL SEEPS, about to start drilling.
TABLE POUNDER
Nordic Oil and Gas Signs Contract for Drilling Rig; Rig to be on Site at Preeceville Today
WINNIPEG, May 26 /CNW/ - Donald Benson, Chairman and Chief Executive
Officer of Nordic Oil and Gas Ltd. ("Nordic" or the "Corporation"), announces
that the Corporation has signed a contract with a drilling company to commence
drilling the first of two wells on Nordic's Preeceville, Saskatchewan
property. Transportation of the rig began early this morning and it should be
at the first well site by midday.
Weather permitting, the first well will be spud either late today or on
Tuesday, May 27. As stated previously, it is expected that drilling will take
between four and five days to complete. The rig will then be moved to the
second site, where clearing and preparation is now being completed.
"We have secured one of the best rigs available as we intend to drill to
the basement, which is about 1,200 metres in depth," Mr. Benson stated.
"Again, weather permitting, we should have both wells drilled by June 9,
2008."
About Nordic Oil and Gas Ltd.
Nordic Oil and Gas Ltd. is a junior oil and gas company engaged in the
exploration and development of oil, natural gas and Coal Bed Methane in
Alberta and Saskatchewan. The Corporation is listed on the TSX Venture
Exchange and trades under the symbol NOG.
The TSX Venture Exchange has not reviewed nor accepts responsibility for
the adequacy or accuracy of the contents of this News Release.
No matter ,it always rains on my parade
Arnie
