Nord Oil International to List on London's AIM
Nord Oil International (Other OTC:NDOL.PK) has retained a leading investment banker to list the corporation on the London Alternative Investment Market (AIM) and conclude a USD $60 million private placement.
The Company is very glad to be working with such a reputable firm that will play a key part in securing the financing which is needed to conclude several acquisitions and enable the company to increase production to 7 million barrels of crude oil per year. The Company has filled Form 15 as a first step in both the listing and financing process in London and to expedite the name change from Nord Oil International Inc. to North-West Oil Group Inc.
About Nord Oil/ North-West Oil Group
Nord Oil International is a reporting, publicly traded Oil & Gas company trading under the ticker symbol NDOL on the US Pinksheets market as well as on the Frankfurt Exchange under symbol CXIA. Nord Oil International and the North-West Oil Group merged on May 11, 2006. The company is in the process of filing all regulatory statements and will change its name to the North-West Oil Group and will be issued a new ticker symbol. The company presently produces over 120,000 Metric Tons of crude oil yearly.
- Nord Oil International to List on London's AIM (Sep 13)
- Nord Oil/North-West Plans to Up Oil Production in Saratov (Aug 10)
- Nord/North-West Targets Saratov Oil Producer (Jun 29)