SOURCE: North West Oil Group

March 20, 2007 10:06 ET

The President of the North West Oil Group Mr. Ernest Malyshev Will Answer Questions on March 22, 2007

MOSCOW -- (MARKET WIRE) -- March 20, 2007 -- The president of the North West Oil Group (PINKSHEETS: NWOG) (FRANKFURT: CXIA) Mr. Ernest Malyshev will receive telephone calls from investors on March 22, 2007 from 10.00 till 12.00 PST. Phone number for connection is +7 (495) 621 11 15. We kindly ask the investors to formulate their questions particularly and briefly.

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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