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Author Topic: NORD OIL NEWS OUT
DIGDOUGH
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Russian Oil Industry Hits New Highs: Nord Oil Propelled
via COMTEX

February 23, 2006

MONTREAL, Feb 23, 2006 (MARKET WIRE via COMTEX) --

Nord Oil International Inc. (OTC: NDOL) is receiving tremendous positive impact from increase demand of Russian Oil as well as the government's new open policies.

As previously released by the Deputy Director of Russian Ministry of Industrial and Production Energy, Mr. I. Materov at a recent conference, "Volume of export of crude oil from Russia to Europe has grown 77% in 2005, from 144 million tons to 256 million tons."

"The conference on Energy dialog, Russia-European Union has truly enable new partnerships as well as strengthen existing ones, which will enable our company to not only be noticed internationally but most of all enable our continued growth," said Mr. Viatchelav Makarov, President of Nord Oil.

The company recently announced its quarterly financial results, where revenues for the quarter were $5.8 million USD and the six months revenues of $10.6M USD, a 20% sales increase compared to the last quarter, which clearly demonstrate the growth of the company.

"For the current fiscal year end, we are well on target to reach revenues of $25 million from our oil storage, transport and trading operations and could greatly exceed this target by 2 or even 3 folds with the start of our production," said Mr. Makarov, President of Nord Oil.

The company is well advanced in its discussion with several financial and strategic investors as well as operating partners for a stake in its lucrative oil reserves under license by Nord Oil. The company had previously released its production schedule and expects to begin production no later than the 3rd quarter of 2006 and expects the first year of production to yield 2.3 million barrels.

About Nord Oil International Inc.

Nord Oil International Inc. is a reporting publicly traded Oil & Gas junior producer, trading under the ticker symbol NDOL on the US Pinksheets market. Nord Oil International operates three wholly owned Russian subsidiaries; Nord Oil Products, Nord Oil Samara and NANA. Nord Oil's properties currently have a total of 33 million barrels of proven and probable reserves and the company plans to acquire additional properties and has an objective of 150 million barrels in proven and probable reserves.

Important Information About Forward-Looking Statements

All statements in this news release that are other than statements of historical facts are forward-looking statements, which contain our current expectations about our future results. Forward-looking statements involve numerous risks and uncertainties. We have attempted to identify any forward-looking statements by using words such as "anticipates," "believes," "could," "expects," "intends," "may," "should" and other similar expressions. Although we believe that the expectations reflected in all of our forward-looking statements are reasonable, we can give no assurance that such expectations will prove to be correct.

A number of factors may affect our future results and may cause those results to differ materially from those indicated in any forward-looking statements made by us or on our behalf. Such factors include our limited operating history; our need for significant capital to finance internal growth as well as strategic acquisitions; our ability to attract and retain key employees and strategic partners; our ability to achieve and maintain profitability; fluctuations in the trading price and volume of our stock; competition from other providers of similar products and services; and other unanticipated future events and conditions.

Contact: Viatcheslav Makarov President Nord Oil International Inc. Vmakarov*nordoil.com 514-591-3666 www.nordoil.com

SOURCE: Nord Oil International Inc.

mailto:Vmakarov*nordoil.com http://www.nordoil.com

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blake
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40% with nice volume, the best we have seen so far lately. THis one takes patience as they will start production later this years... might soon be difficult to get shares below a dime....
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DIGDOUGH
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Its good to see some activity. I'm still behind after the reverse split, but I might still make a profit with this. Oil is getting bigger.
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richie
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I am in also on ndol, how many shares would you buy.
Posts: 136 | From: chicago | Registered: Jan 2006  |  IP: Logged | Report this post to a Moderator
Thorn
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Good luck DigDough. I'd like to consider getting back in (maybe I'd wait til it started moving, but you know how that goes). I was in pre-split too, but got out before it hit bottom. This is one of those stocks you'd think would take off. Maybe once it is off the pinksheets?

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May your trading build your character as well as your portfolio.

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YellowSubmarine
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NORD and AURC are run by the same people.

You might wnat to collect both.

.

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weatherbill
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company said they are in "advanced negotiations" for backing, so when news hits (give it 1-2 months), this should fly off the hook for a 2-3 bagger......patience and holding long is required here.

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GSUS - Eternal 100 Bagger!
HCPC - my favorite potential into December

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Casp
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What is the OS of this company ? Its does seem like they had some great news but people are wary of touching it.

any DD on this other than the news ?

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Fact-o-rise

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Thorn
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Best thing I could say is do a search on AllStocks for older threads on NDOL or BTSI (the previous stock symbol). There's some useful DD there.

For the short, the owners are basically focusing on the company and not the stockholder (their words). They were planning on switching back to the OTCBB (or maybe something better--thier words again) by Aug/Sept. 2005; they went to pinks around Aug/Sept. 2004 with plans on being back on the OTCBB in a year.

Since then the stock has only gone down (check the charts). Confidence is at a low because of the lack of info/PR from the owners.

Oh, the flip side is that the stock should be worth a lot because of the oil reserves they acquired (reverse merger); no sign of that worth yet though. [Wink]

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May your trading build your character as well as your portfolio.

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