SOURCE: North-West Oil Group

December 20, 2007 10:07 ET

North West Oil Group Inc. Plans for the New Year

Company to Report Audit Results; Seek Listing on New Exchange and Increase Production Through Drilling of Five New Additional Wells

MOSCOW--(Marketwire - December 20, 2007) - North-West Oil Group Inc. (PINKSHEETS: NWOL) today announced preliminary plans for calendar year 2008.

The company's audit remains ongoing and is expected to be completed in upcoming months; results will be promptly released upon completion. Upon the release of the audit, it continues to remain the company's goal and intention to seek listing on an alternative stock exchange. Lastly, the company remains focused on increasing its existing oil productions including plans to drill five more wells next year.

Mr. Malyshev, President of North West Oil Group Inc., stated, "For North West Oil Group Inc., 2007 will go down as a year where we laid the groundwork for both future growth and transparency. Although we firmly believe that our current share price is not indicative of the underlying progress made by the company or the value of our oil rich and producing assets, we remain fully focused on executing our long-term business plan, believing it will inevitably lead to the creation of value for our shareholders. As we enter 2008, we believe numerous exciting opportunities lay ahead that give us great cause for optimism."

Mr. Malyshev further stated, "In closing the year, I would like to personally thank every one of our valued shareholders for their invaluable support over the last twelve months. We are keenly aware that it is you, the shareholders, that we are working for each and every day. We appreciate your support and patience as we continue to work towards making North West Oil Group Inc. the company we believe it can and will be."

About North West Oil Group Inc. (formerly Nord Oil International): North West Oil Group is Inc. a publicly traded Oil & Gas company trading under the ticker symbol NWOL.PK on the U.S. Pinksheets market.

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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