SOURCE: Nord Oil International Inc.

April 10, 2006 09:00 ET

Nord Oil International Deny Allegations of Chinese State Owned Enterprise Takeover

MONTREAL -- (MARKET WIRE) -- April 10, 2006 -- Nord Oil International Inc. (OTC: NDOL) denied allegations today that a Chinese State Owned enterprise was the offering party to the recent unsolicited purchase offer. However, the company does confirm that the State Planning and Development Commission through its subsidiary CEInet does own approximately 1% of the total issued and outstanding shares of the company.

The company is currently reviewing the purchase offer received April 6, 2006 and has opted to keep the information confidential until all information can be reviewed and expects to release said purchase offer as soon as it can be bona fide.

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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