Growth Through Successful Exploration and Drilling Strategies
April 30, 2009 NEWS RELEASE
NORDIC OIL AND GAS HIRES NEW DIRECTOR OF CORPORATE DEVELOPMENT
WINNIPEG, MB. (April 30, 2009) - Donald Benson, Chairman and Chief Executive Officer of Nordic Oil and Gas Ltd. (“Nordic” or the “Company”), (TSXV: NOG) today announced the hiring of Tae-Ho Kim as Director, Corporate Development. Mr. Kim has joined Nordic as an independent contractor to provide certain corporate development related services, including potential financing opportunities, mergers and acquisitions, and other development related initiatives as identified by the Company.
Mr. Kim brings a wealth of experience to Nordic having spent many years as both a financial services entrepreneur and as a consultant and advisor. During his career, he spent several years as an industry-leading financial consultant and advisor with such firms as CIBC Wood Gundy and the former Midland Walwyn Capital Inc.
Commenting on Mr. Kim’s appointment, Mr. Benson stated: “We are very pleased to have someone of Tae-Ho’s experience and expertise in the financial and investment community join the Company. We look forward to him playing an integral role in the future growth and development of Nordic Oil and Gas Ltd.”
About Nordic Oil and Gas Ltd.
Nordic Oil and Gas Ltd. is a junior oil and gas company engaged in the exploration and development of oil, natural gas and Coal Bed Methane in Alberta and Saskatchewan. The Corporation is listed on the TSX Venture Exchange and trades under the symbol NOG. Nordic is one of the “2008 TSX Venture 50” companies, a ranking of the top 10 public venture capital companies in five industry sectors listed on the TSX Venture Exchange.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of the contents of this News Release.
This news release contains certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical fact, that address events or developments that the Company expects to occur, are forward looking statements. Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in forward looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include market prices, exploration and drilling success, continued availability of capital and financing and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of the Company’s management on the date the statements are made. The Company undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.
For additional information, contact:
Donald Benson Don Bain
Chairman & CEO Corporate Secretary
Nordic Oil and Gas Ltd. Nordic Oil and Gas Ltd.
Tel. 204-956-5042 Tel. 204-943-1810
Fax. 204-897-7154 Fax. 204-943-1829
E-mail: dbenson57@shaw.ca E-mail: donbain1@mts.net
