SOURCE: Nord Oil International Inc.

December 01, 2005 09:00 ET

Nord Oil Presents at the National Oil Institute

MONTREAL -- (MARKET WIRE) -- December 1, 2005 -- Nord Oil International Inc. (OTC: NDOL) announced today the results of its president's last trip to Russia, where he was invited to present at the National Oil Institute.

Mr. Makarov presented the company's production plan and growth plan to Mr. Shokhin, the head of international projects as well as to Mr. Magomedo, the institute's President.

"It is always an honor to be asked to present our company and presenting at the National Oil Institute was an even greater honor," said Mr. Makarov. "If our project is retained by the institute, we will be able to start production of our oil reserves sooner, and acquire additional producing properties. Working with such an organization is not only an honor but truly assures our success as one of the leading junior producer in the country," further added Mr. Makarov.

Nord Oil management is currently negotiating terms of a potential cooperation agreement with the National Oil Institute, which would provide Nord Oil with the necessary partnership to start production of its oil reserves and acquire additional producing entities with a min. of 500,000 barrels per year.

The production of the current reserves and the new producing acquisitions would add significant revenues to Nord Oil's current operation, which projects revenues of $19 million in its trading and product division and approximately $57 million in oil production for a total of $76 million in projected revenues for fiscal 2006.

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 48 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.

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