Growth Through Successful Exploration and Drilling Strategies

February 12, 2008 NEWS RELEASE Land Survey, Environmental Report Completed at Preeceville; Nordic Targets Drilling of First Wells in March WINNIPEG, February 12, 2008 - Donald Benson, Chairman and Chief Executive Officer of Nordic Oil and Gas Ltd. (TSXV: NOG) ("Nordic" or, "the Company"), announced today that both an Environmental Report and Land Surveys for surface leases have been completed in Preeceville, Saskatchewan, Canada on the land where the Company will be drilling its first two exploration wells. Nordic is now awaiting proximity approvals and expects to be in position to apply for the well licenses later this week. In January, the Company announced that it had selected two initial well locations to commence its drilling program in Preeceville, where it previously announced the discovery of numerous oil seeps. “With the completion of the Land Surveys, we will now apply for the well licenses,” stated Mr. Benson. “However, before we can begin drilling we must secure approval from the Saskatchewan Ministry of Environment on our Environmental Report, which has been vetted by the Company.” Mr. Benson went on to state that it will take approximately 20 working days for the Ministry of Environment to conclude their review of the Report. “Given this timeframe, we continue to anticipate that drilling of the first two wells in Preeceville will commence in March,” he added. “When acknowledging both our large land base in the area and the substantial seismic we have shot, along with the Geo-Chem samples and the extensive analysis of the oil seeps, we are confident that the possibility exists for one or more pools to be identified on our property.” 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. 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