Growth Through Successful Exploration and Drilling Strategies

Company Profile Established in 2000, Nordic Oil and Gas Ltd. is a Manitoba corporation that is publicly traded on the TSX Venture Exchange under the symbol NOG. The Nordic Oil and Gas Ltd. assets consist of 4,480 gross acres of Petroleum and Natural Gas (P & NG) leases in Joffre, Alberta, where it currently produces approximately 70 BOE/D from five natural gas wells, and one CBM well. The Company has an 80% interest in 31,999 gross acres of P&NG leases with rights to the basement in Preeceville, Saskatchewan, an area of great promise and potential. In 2007, the Company acquired approximately 1,000 acres of land in Lloydminster and 7,000 acres of land in the Peace River Arch area of Alberta. At present, the Company has six heavy oil wells on production at Lloydminster which produce approximately 150 BOPD. In June 2009, the Company acquired 9,528 acres of coal leases near Drumheller, Alberta. Historical data suggests the leases could contain up to 54 million tonnes of recoverable coal. The Company's strategy is to focus on properties that will provide long-term reserves, which will generate revenue and cash flow in both the near- and long-term. Since inception, Nordic has focused on low-risk development drilling aimed at increasing production and reserves in core areas. Nordic Oil and Gas will continue to increase its reserves and production base through land acquisitions, exploratory and development drilling, along with corporate mergers and acquisitions that will contribute to the overall growth and development of the Company and enhance shareholder value. Nordic Oil and Gas Ltd. trades on the TSX Venture Exchange under the symbol NOG.

Growth Strategies EXPLORATION Oil discovered at Preeceville Shale Gas and Coal Bed Metane Conventional shallow gas at Joffre Heavy Oil at Lloyminster Potential coal deposits at Drumheller DEVELOPMENT Properties with high drilling success rates Maintaining a base of land for preserving an inventory of drillable prospects Financings In 2007, the Company had seven successful closings of new Private Placement Financings, six of which offered Flow-Through Shares plus Warrants, while the other was for Non-Flow-Through Shares. In total, Nordic issued 12,203,799 Flow-Through Units for gross proceeds of $4.34 million, and 600,000 Units of Non-Flow-Through, Class A Common Shares for the gross proceeds of $102,000. In 2008, the Company undertook two private placement offerings, one closing in March, the other in June. In total, the Company has issued 10,046,934 Flow-Through Shares for gross proceeds of $5 Million, plus a further 606,750 Non-Flow-Through Shares, for gross proceeds of $252,700.