some dd from ihub:
Contact:
Slava Makarov, President
Vmakarov@nordoil.com
Phn: 514-591-3666
Website -
www.nordoil.com
Updated/Verified 4-6-06
O/S - 243 million (180 million +Recent amounts as indicted in latest filing for "Employee Stock Option Plan" are restricted)
~ 15 million barrels in proven reserves
~ 33 million barrels in probable reserves
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Nord Oil Releases Planned Production Schedule
2005-10-25 10:55 ET - News Release
MONTREAL -- (MARKET WIRE) -- 10/25/05
Nord Oil International Inc. (OTC: NDOL) released its planned production schedule. According to the business plan and once financial conditions permits, the company plans to produce the following:
2006 2,300,000 barrels
2007 3,680,000 barrels
2008 4,416,000 barrels
2009 5,300,000 barrels
2010 6,360,000 barrels
2011 7,632,000 barrels
"With our current proven reserves and probable reserves we can already begin to extract our planned production," said Slava Makarov, Nord Oil President. "However, we plan to continue to build on our existing reserves and acquire further properties and continue to add value for our shareholders," further added Mr. Makarov.
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3 month chart:
