Nordic Oil and Gas, Ltd (TSXV: NOG) has announced that an independent analysis of the company’s property in Saskatchewan, Canada has confirmed the presence of oil in said property. The initial samples tested indicate the vast presence of methane, ethane, propone, and butane, quite a profound test result. Analysis of additional property samples are currently being tested and results from these tests are expected shortly.
Lafleur, P. Eng., President of Petro-Find Geochem Ltd., the company hired by Nordic to undertake this testing and the company who first discovered these particular oil steeps, stated “It is my belief that all of the seeps encountered are from crude oil in a yet to be determined formation.”
Mr. Benson, CEO of Nordic Oil, stated, “Nordic looks forward to receiving the complete results of the Geo-Chem survey and the further analysis of the oil seeps, at which time we will be able to correlate this information with our existing seismic we have already completed over these lands.”
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.
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