North-West Oil Group Inc.
North-West Oil Group Inc.:considers stock buyback and dividend payout
North-West Oil Group Inc. / Dividend/Statement Corporate news transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. ---------------------------------------------------------------------- North West Oil Group Considers Stock Buyback and Dividend Payout Moscow, Russia, January 11th, - - North West Oil Group is currently developing the stock repurchase and dividend payout plans. These initiatives fall under the new investment program that will be developed and implemented by the company in the first quarter of 2007. This program reflects the management’s confidence in both the near- and long-term prospects for North West Oil Group development. Details of the stock repurchase and dividend payment programs will be announced within a month. For additional information please contact MCS Global Strategies by email nwgroup@web.de or by telephone +49 173-620-7648 10 am – 8 pm CET in Germany or +7 906 -781-5066 10 am – 7 pm Moscow time in Russia. German and Russian telephone rates apply. MCS Global Strategies was founded in 1998 to provide international financial communications and investor relations and specializes in companies in financial services, oil, metals, retail and other major industry sectors. In 2004 MCS formed a strategic alliance with Capital MS&L in London which is one of the Publicis Group network of companies. About North West Oil Group (formerly Nord Oil International): North West Oil Group is a non-reporting, publicly traded Oil & Gas company trading under the ticker symbol NWOG on the U.S. Pinksheets market as well as on the Frankfurt Exchange under symbol CXIA. Important Information About Forward-Looking Statements All statements in this news release that are other than statements of historical facts are forward-looking statements, which contain our current expectations about our future results. Forward-looking statements involve numerous risks and uncertainties. We have attempted to identify any forward-looking statements by using words such as 'anticipates,' 'believes,' 'could,' 'expects,' 'intends,' 'may,' 'should' and other similar expressions. Although we believe that the expectations reflected in all of our forward-looking statements are reasonable, we can give no assurance that such expectations will prove to be correct. A number of factors may affect our future results and may cause those results to differ materially from those indicated in any forward-looking statements made by us or on our behalf. Such factors include our limited operating history; our need for significant capital to finance internal growth as well as strategic acquisitions; our ability to attract and retain key employees and strategic partners; our ability to achieve and maintain profitability; fluctuations in the trading price and volume of our stock; competition from other providers of similar products and services; and other unanticipated future events and conditions. DGAP 11.01.2007 ----------------------------------------------------------------------
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