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Re: repoman post# 45197

Tuesday, 10/14/2008 10:55:35 AM

Tuesday, October 14, 2008 10:55:35 AM

Post# of 46027
I requested Natalia Chernova of SZNG to release a PR for NWOL.PK. This is so the American investors are informed of the hotel acquisition, production numbers and net income. It looks like the daily oil production is 2400 barrels of oil a day. Net income will result in EPS of about .26/share. I continue to be a buyer of NWOL. There is still the question as to whether restricted shares are included in the calculation for EPS purposes. If not, the EPS would be about $.45/share excluding the restricted stock.