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The company looks forward to the successful completion of a Agreement for the acquisition of shares in another promising gas exploration project can announce to. NWOil is managed a total of 75% of the support rights and thus the relevant To secure influence on this project. Where appropriate, this proportion is even be further increased. The field is located in the surrounding of Tuscaloosa, Alabama, USA. Accordance run through the territory of the present geological data from several different gas bearing sands. These sands (Carter Sand, sand Lewis, Nason sand, sand and Benton, Fayette sand) are in other Funding surrounding sections known for attractive and stable Wells. Especially in ‘Benton Sand’ are due to undiagnosed Thickness of approximately 44 feet = about 14 meters excellent results as expected. The Pipeline terminal is located in about 500 meters, which is a guenstige Link and an easy-sponsored sale of the gas enables. A further geological study is mandated to coordinate the for the short term planned exploration drilling Additionally secure.
Overall, this NWOil mineral extraction rights Fields with about 30 BCF, which equates to about $ 150 million of expected Gas reserves are secured. The delays, in 2009 regarding the Cataloging and drilling of the other projects are not on already acquired Back foreseeable been legally detail issues to be resolved to , who now lead, according to the experts responsible however, be successfully completed. This is not only on the top mentioned newly acquired field, but also in parallel on at least one another area of the start of fall for the drilling team standing ready. NWOil such matters is both timely information publish and progress in the fields, presumably via Video clips on the Internet document.
About North West Oil & Gas Trading Company, Inc.: The Northwest Oil & Gas Trading Company, Inc. is a young upcoming Exploration company with the primary goal of existing oil and gas sources to activate or reactivate.
Disclaimer / Forward-Looking Statements: This communication is general purposes only and in no way implies an invitation to Purchase or sale of shares in the North West Oil & Gas Trading Company Inc. dar. A number of statements in this release are so-called forward-looking statements pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements are based on present – Expectations, estimates and projections as well as currently available Information. The forward-looking statements are not guarantees of the fact to understand the future developments and results. The Statements are not based on historical background and represent forward-looking statements and assumptions that involve risks and Uncertainties, which in significantly different results could result from those contained in this forward-looking statements and assumptions are listed, including, but not limited to, certain delays beyond the Control of the company with respect to the onset and duration of Exploration and production activities, the uncertainty about future and / or unexpected expenses, commodity price fluctuations, Uncertainty that needed capital in time or at all procured may be, changes in the national and local laws, disputes of property rights for the property, the environment in question Dangers Betriebsunfaelle, unusual or unexpected geological Formations, flooding and other natural disasters, the risk inadequate insurance or inability to conclude a Insurance and other risks as well as completely unknown risks, Uncertainties and factors that can lead to differences between the actual Results, financial situation, development or performance of the Society can differ materially from those contained in such statements or assumptions were adopted expressly or implicitly. All mentioned and can not foreseeable risks to the Business development and thus on the return of the company some way to have any effect.
Dover, March 8th, 2010 Northwest Oil & Gas Trading Company, Inc.
08.03.2010 08:30 Ad-hoc news, financial news and Press releases transmitted by DGAP. Media archive at http://www.dgap-medientreff.de and http://www.dgap.de

Tags: drilling team, exploration project, detail issues, geological study, internet document