Nordic Oil and Gas Receives Approval of Environmental Report; Expects to Start Drilling at Preeceville Shortly
WINNIPEG, May 2 /CNW/ - 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.
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