Growth Through Successful Exploration and Drilling Strategies

December 14, 2007 NEWS RELEASE  For Immediate Release University of Saskatchewan Analysis of Nordic Oil and Gas Oil Seep Samples Strongly Supports the Evidence of Oil in Preeceville WINNIPEG, December 14, 2007 - Donald Benson, Chairman and Chief Executive Officer of Nordic Oil and Gas Ltd. (TSXV: NOG) ("Nordic" or, "the Company"), announced today that additional laboratory analyses of the Petro-Find Geochem Ltd. (“Petro-Find”) hydrocarbon soil gas surveys undertaken in Preeceville, Saskatchewan, Canada, strongly supports the discovery of the oil seeps in the region. The University of Saskatchewan (“U of S”) has completed 60% of its analysis of the soil gas samples and according to Paul Lafleur, P.Eng., President of Petro-Find, “the data indicates a major oil anomaly occurring along the Piwei River that is coincident with a 400-foot long series of oil seeps previously discovered. “The butane values from these samples are between four and five times higher than some other oil reservoirs in western Saskatchewan, which means there is definitely a major anomaly occurring here.” Furthermore, Mr. Lafleur also stated that other significant oil anomalies are indicated, “especially in the northwest quadrant of the property where additional major oil seeps were found. Natural gas anomalies are indicated in various regions of the property. These will be defined more precisely once the remaining analytical data is obtained,” he said. Petro-Find expects to have the remaining analyses back from the U of S sometime prior to the Christmas break. “Clearly, this is very exciting news for Nordic Oil and Gas, and we anxiously await the analyses of the remaining data from the University,” stated Mr. Benson. “As we have stated previously, we hope to be in position to apply for a well license by January 31, 2008 and start drilling within the first quarter. Our Flow-Through financing, currently being marketed, has been well received to date, and we plan on announcing a first closing next week,” Mr. Benson added. “The money received from this Offering will finance the drilling of up to three wells in Preeceville.” Photos of two of the oil seeps can be found on the Nordic Oil and Gas website – www.nordicoilandgas.comAbout 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.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 Corporation 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 Corporation 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 Corporation's management on the date the statements are made. The Corporation undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.The TSX Venture Exchange has not reviewed nor accepts responsibility for the adequacy or accuracy of the contents of this News Release. 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