Replies to post #36036 on North West Oil Group, Inc. (NWOL)

[REVOLUTION2012]

Saratovneftegeofizika JSC operates in the oil and gas sector. The company is based in Saratov, Russia. As of June 7, 2006, Saratovneftegeofizika JSC is a subsidiary of Energiya-Klimat LLC.

Saratovneftegeofizika JSC reported earnings results for the second quarter and first half of 2007. The company reported net profit down 83% to RUR 7.4 million in the first half of 2007 from RUR 45.44 million in the same period last year. The company had a net loss of RUR 2.387 million in the first quarter and a net profit of RUR 9.8 million in the second.

9.8M X 4 = 39.2M R = 1.5M$ in net profit/year

http://investorshub.advfn.com/boards/read_msg.asp?message_id=22178604

[REVOLUTION2012]

After I regroup all the numbers, I expect NWOG to do 100M$ in gross sales in 2007/2008.

With margins of 10% = 10M$ in net profit

10M$/750M = 0.013 X 10% growth = 0.13$ + Reserve PPP + Latvia = ? (I WILL SAY 0.30$/SHARE)

Current production: 876,000 barrels per year. «We plan to increase this number by 438,000 barrels. So in general it will be 1,314,000 barrels».


July 30, 2007


“The Company is taking solid steps in meeting our targets for 2007. Our Production growth and surge in revenue are encouraging. For last two months our production increased by 5%. We will continue to implement our strategies to further enhance the corporate value. As for coming purchase, it needs to be clarified, that “Saratovneftegeofizika” is being purchase by NWOG Inc. The bank will use NWOG Inc. assets as collateral, based on feasibility study (http://szng.ru/nov_e.html or http://www.szng.ru/feasibility study.zip). CJSC NWOG participates as major shareholder (like all of the minor shareholders).”- says the President of NWOG, Mr. Malyshev.


July 26, 2007


Documents for the credit department of the bank to make a decision on the financing of the purchase of "Saratovneftegeofizika" prepared.

Related bank structures have prepared all the documents, necessary for the credit department of the bank to make the decision on the financing of the purchase of "Saratovneftegeofizika". The decision will be made within 60 days. A preliminary confirmation of the credit department on the appropriation of $ 45 mln. on the basis of the feasibility study has been received, which can be found here. In case of a favourable decision in respect of the purchase of "Saratovneftegeofizika", the asset in question will be made part of NWOG Inc. with a view to increase Company capitalization necessary for accessing alternative stock markets.

Latvia terminal: «It’s in the last stage. We have agreed already in the price. Now is carrying out an audit and estimation of the Latvian Company and it will be finished during 2 months».

«Now we are training all necessary documents for raising the company status and going from Pink Sheets to the NASDAQ BB, American Stock Exchange or AIM».

North West Oil Group Inc. (Other OTC:NWOG.PK - News) announces that, as a result of seismic exploration works and drilling of exploration wells at Shalinsky field, owned by the company "Neftegazenergo," which is part of NWOG, the first well has been drilled. Out of the well oil free-flowing has been recovered. According to preliminary calculations, oil reserves which are being recovered at this field can amount to approximately 10 950 000 barrels.

[rydzus]

NK Saratovneftegeofizika OJSC and NK Saratovneftegeofizika CJSC

are clients of Saratovneftegeofizika OJSC

http://www.sngf.ru/en/geography/