Nordic Now Has 10 Wells on Production in Alberta; Six More Expected to Come on Stream This Fall

Donald Benson, Chairman and Chief Executive Officer of Nordic Oil and Gas Ltd. ("Nordic" or, the "Company"), today announced that the Company now has four wells on production at Lloydminster, Alberta, with a further two expected to come on production shortly.

In addition, three new well locations have been identified at Lloydminster and surveying is set to begin shortly, with drilling to follow thereafter.

At Joffre, Alberta, the Company's new Belly River well has been drilled, cased and logged and will come on production in the coming weeks. "We expect this to be a strong producing well for us and will significantly impact our production from the Joffre area," Mr. Benson said. Furthermore, the Company will be licensing three new wells at Joffre shortly.

"We now have 10 wells on production in Alberta," stated Mr. Benson. "With two more expected in Lloydminster and another four in Joffre, this will bring to 16 the number of wells we will have on production by the fall, resulting in significant increases in both our production volumes and revenue totals."

At Preeceville, Saskatchewan, the drilling rig is expected to be on site in the next few days and weather permitting, the 14-14 well, which was initially drilled to 400 metres in 2005, will be spud next week.

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. >>

This news release contains certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical fact, that address events or developments that the Company expects to occur, are forward looking statements. Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in forward looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include market prices, exploration and drilling success, continued availability of capital and financing and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of the Company's management on the date the statements are made. The Company undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.

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SOURCE: Nordic Oil & Gas Ltd.

Donald Benson, Chairman & CEO, Nordic Oil & Gas Ltd., Tel: (204) 956-5042, Fax: (204) 897-7154, E-mail: This email address is being protected from spambots. You need JavaScript enabled to view it., www.nordicoilandgas.com