SOURCE: North-West Oil Group

September 20, 2007 08:02 ET

Jewett, Schwartz & Associates Certified Public Accountants Have Been Retained by NWOG Inc. to Conduct a Complete SEC Audit According to GAAP Standards for the Two Years of Operations of 2006-07 and First Quarter of 2008

MOSCOW--(Marketwire - September 20, 2007) - North-West Oil Group Inc. (PINKSHEETS: NWOG) today announced that Jewett, Schwartz & Associates Certified Public Accountants have been retained to conduct a complete SEC audit according to GAAP standards for the two years of operations of 2006-07 and first quarter of 2008. The Company's management strongly believes that the audit will result in the reaffirmation of NWOG Inc. as a viable ongoing concern and as one of the fastest emerging oil companies in Russia.

Jewett, Schwartz & Associates, Certified Public Accountants (www.mycpa.net) are a diversely qualified firm of highly trained and experienced professionals with outstanding credentials. Unique to the Firm is their experience with more than fifty types of businesses operating in more than fifteen specialized and/or regulated industries. Many of these businesses are subject to the requirements of the Securities and Exchange Commission, State of Florida Departments of Insurance and Banking or other Federal or State agencies. Additionally, they adhere to the Quality Control Standards established by the Public Company Oversight Accounting Board of the Securities and Exchange Commission and the Private Companies Practice Section of the American Institute of Certified Public Accountants.

Mr. Malyshev, President of NWOG Inc., stated, "We took this pro-active step to retain a respected accounting firm like Jewett, Schwartz & Associates as a part of our continuing initiative to strategically position ourselves for future growth. We remain keenly aware of the value of partnering with a quality U.S.-based accounting firm as we continue focus on executing our business plan, becoming fully reporting to the SEC and achieving an upgraded listing on an alternative stock exchange."

About North West Oil Group (formerly Nord Oil International): North West Oil Group is a non-reporting, publicly traded Oil & Gas company trading under the ticker symbol NWOG on the U.S. Pinksheets market.

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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