Friday, May 06, 2011
Nordic Oil and Gas Ltd.
Donald Benson, Chairman and Chief Executive Officer of Nordic Oil and Gas Ltd. announced Friday that a new heavy oil well at Lloydminster, Alberta, located at 3D-11-50-02W4 is now on production. This brings to 15 the total number wells that Nordic has a 33 1/3% interest in at Lloydminster.
"The operator of the Lloydminster wells says this new well makes lots of sand which is a sign of a good well," Benson stated. "They will be undertaking a production flush to further enhance production and all signs point in a positive direction."
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.
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