North West Oil Group, Inc. (NWOL)

[treepeople]

Valuation Comparison –

I choose DDV purely at random; I hope to look at some other oil producers when I have the time…

-----------------------------------------------------
Duvernay Oil Corp. (Toronto Stock Exchange DDV)

http://www.duvernayoil.com

$2 billion market-cap ($40PPS x 50M o/s)

12,000 BOEPD (Barrel Oil Equiv. per day, they’re in oil & gas)

36 million BOE reserves (proved & probable)

---------------------------------------------
Nord Oil -- http://www.nordoil.com

$65 million market-cap ($0.025PPS X 12 (reverse split) X 216M o/s)

6,300 BOPD (from estimated production on website: 2,300,000 for 2006 / 365 days)

48 million BOE reserves (15m proved + 33 probable)
---------------------------------------------------

Summary -
DDV produces double the oil per day
DDV has less proven/probable reserves
DDV has 30X the market-cap

Assume half the market-cap for Nord Oil because it has half the daily production -
(but remember Nord has higher reserves)
Then say half that again for the Russia/new entity risk premium (a very aggressive punishment, IMO)

$2B X 50% X 50% = $500 million market-cap

That market-cap is 7.7X higher than the current $65 million

WE’RE SITTING ON A BIG MULTI-BAGGER!

Treepeople