Nordic Oil and Gas has drilled its first natural gas well in Joffre on the property known as 3-18-38-24. The well currently is being tested for natural gas reserves. "We are pleased at the progress we have made to date," commented Mr. Benson. "Preliminary indications suggest that there is natural gas, however testing will continue until full results can be analyzed." Earlier this year the company acquired an additional 480 acres near its existing Joffre lands in west-central Alberta, Canada.
In addition, the Company recently signed an agreement to undertake the shooting of a further 29 kilometers of seismic in Preeceville. Earlier this year the company completed shooting 14 kilometers of seismic data in the Preeceville area.