SOURCE: North West Oil Group

February 20, 2007 10:31 ET

North West Oil Group (NWOG) SqueezeTrigger Price Is $0.249; Approximately 56.2 million Shares Shorted Since August 2004 According to BUYINS.NET Research Report

MOSCOW -- (MARKET WIRE) -- February 20, 2007 -- North West Oil Group (PINKSHEETS: NWOG) (FRANKFURT: CXIA) announced today that BUYINS.NET, www.buyins.net, is initiating coverage of North West Oil Group after releasing the latest short sale data to February 2007. From March 2005 to February 2007, approximately 729.3 million total aggregate shares of NWOG have traded for a total dollar value of nearly $181.5 million. The total aggregate number of shares shorted in this time period is approximately 56.2 million shares. The NWOG SqueezeTrigger price of $0.249 is the volume weighted average short price of all short selling in NWOG. The first of several short squeezes is expected to begin when shares of NWOG exceed $0.056, where approximately 4 million shares have been shorted. To access SqueezeTrigger Prices ahead of potential short squeezes beginning, visit http://www.buyins.net.

Month        Total Vol.      Short Vol.      Avg. Price      Short $ Value
-----        ---------       ---------       ----------      -------------
March '05    6,132,600       472,210         $0.005          $2,219
April        9,924,907       764,218         $0.005          $3,515
May          3,170,200       244,105         $0.004          $952
June         64,968,392      5,002,566       $0.022          $108,055
July         23,375,934      1,799,947       $0.021          $37,979
August       21,457,088      1,652,196       $0.020          $32,879
September    56,994,564      4,388,581       $0.028          $122,441
October      22,676,244      1,746,071       $0.168          $292,467
November     2,329,146       179,344         $0.220          $39,456
December     2,233,873       172,008         $0.099          $16,994
January '06  2,589,803       199,415         $0.101          $20,041
February     3,706,095       285,369         $0.120          $34,244
March        3,485,407       268,376         $0.078          $20,880
April        85,760,000      6,603,520       $0.430          $2,838,193
May          111,183,400     8,561,122       $0.801          $6,860,027
June         39,429,656      3,036,084       $0.375          $1,137,013
July         19,603,848      1,509,496       $0.282          $425,527
August       8,730,391       672,240         $0.305          $204,832
September    16,271,677      1,252,919       $0.225          $281,907
October      27,811,344      2,141,473       $0.136          $290,384
November     26,922,148      2,073,005       $0.119          $246,895
December     81,489,128      6,274,663       $0.084          $527,072
January '07  38,831,260      2,990,007       $0.074          $220,364
February     50,202,012      3,865,555       $0.056          $214,538

Total:       729,279,117     56,154,492      $0.249          $13,978,874

*short volume is approximated using a proprietary algorithm.
**average short price is calculated using a volume weighted average
  short price.
***short volume is the total short trade volume and does not
   account for covers.
About North West Oil Group

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 as well as on the Frankfurt Exchange under symbol CXIA.

About BUYINS.NET

WWW.BUYINS.NET is a service designed to help bonafide shareholders of publicly traded US companies fight naked short selling. Naked short selling is the illegal act of short selling a stock when no affirmative determination has been made to locate shares of the stock to hypothecate in connection with the short sale. Buyins.net has built a proprietary database that uses Threshold list feeds from NASDAQ, AMEX and NYSE to generate detailed and useful information to combat the naked short selling problem. For the first time, actual trade by trade data is available to the public that shows the attempted size, actual size, price and average value of short sales in stocks that have been shorted and naked shorted. This information is valuable in determining the precise point at which short sellers go out-of-the-money and start losing on their short and naked short trades.

All material herein was prepared by BUYINS.NET, based upon information believed to be reliable. The information contained herein is not guaranteed by BUYINS.NET to be accurate, and should not be considered to be all-inclusive. The companies that are discussed in this opinion have not approved the statements made in this opinion. North West Oil Group has paid $995.00 to purchase data for information provided in this report. The data service can be cancelled at any time. This opinion contains forward-looking statements that involve risks and uncertainties. This material is for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. BUYINS.NET is not a licensed broker, broker dealer, market maker, investment banker, investment advisor, analyst or underwriter. Please consult a broker before purchasing or selling any securities viewed on or mentioned herein. BUYINS.NET will not advise as to when it decides to sell and does not and will not offer any opinion as to when others should sell; each investor must make that decision based on his or her judgment of the 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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