Growth Through Successful Exploration and Drilling Strategies

July 8, 2008 NEWS RELEASE   Nordic Drilling Update   For Immediate Release  WINNIPEG, MB. (July 8, 2008) - Donald Benson, Chairman and Chief Executive Officer of Nordic Oil and Gas Ltd. (“Nordic” or, the “Company”), today announced that the Company has commenced drilling its first well in Lloydminster. The well will be completed shortly and the rig will then be moved to the second of three drilling sites selected. “Given that this is development drilling, the wells will be put on production as soon as possible,” he stated. “Once on production, we will then be in position to announce the initial flow rates from each well.” In addition, Mr. Benson also stated that perforation and testing continues at the Company’s well at Preeceville, Saskatchewan and that perforation and fracing have been completed at four intervals thus far, with three additional intervals remaining. “Samples have been extracted from the formations and forwarded to an independent laboratory for analysis,” Mr. Benson said. “We expect to have results from this analysis in the coming days. “Further updates will be issued when additional information becomes available to us from the site,” he added. 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. The TSX Venture Exchange has not reviewed nor 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 Chairman & CEO   Nordic Oil & Gas Ltd. Tel: 204-956-5042 Fax: 204-897-7154 E-mail: dbenson57@shaw.ca