SOURCE: North-West Oil Group

March 13, 2007 13:51 ET

NWOG, Inc. Will Release Three-Year Consolidated Financial Statements

MOSCOW -- (MARKET WIRE) -- March 13, 2007 -- North West Oil Group (PINKSHEETS: NWOG) (FRANKFURT: CXIA) -- On April 3rd, 2007 NWOG, Inc. will release three-year consolidated financial statements. The statements were audited by the LLC "Audit-Invest-Consult"-based accounting firm of Moscow.

Says NWOG President Ernest Malyshev, "We have prepared the statements to voluntarily meet the threshold of a fully reporting company. It will also facilitate our plans to move to the Bulletin Board in the near term and to London's AIM exchange over the longer term."

Mr. Malyshev will answer questions on March 22, 2007. Contact details and instructions will be posted later.

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 as well as on the Frankfurt Exchange under symbol CXIA.

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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