Growth Through Successful Exploration and Drilling Strategies

May 2 , 2008 NEWS RELEASE   Nordic Oil and Gas Receives Approval of Environmental Report; Expects to Start Drilling at Preeceville Shortly For Immediate Release WINNIPEG, MB. (May 2, 2008) - Donald Benson, Chairman and Chief Executive Officer of Nordic Oil and Gas Ltd. (“Nordic” or, the “Company”), today announced that the Company has received approval from the Saskatchewan Ministry of Environment on its Environmental Report submitted earlier this year with respect to Nordic’s proposed drilling program at Preeceville, Saskatchewan, Canada. This approval now paves the way for Nordic to commence drilling its initial two wells in Preeceville, where the Company previously announced the discovery of numerous oil seeps. “Obviously we are pleased to have finally received approval from the Ministry of Environment and we are eager to begin drilling these first two wells,” said Mr. Benson. “We will immediately begin negotiating with the drilling contractor to arrange for a rig and expect drilling to commence as soon as a possible, pending the lifting of the road bans in Saskatchewan and the conclusion of spring break-up. We anticipate this to occur in mid-May. “In the meantime, we will begin clearing and preparing the two well sites in readiness for the drilling to commence,” he added. 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 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. 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