Donald Benson, President of Nordic Oil and Gas Ltd., announced today that the Company has discontinued its non-brokered private placement offering of up to 6,000,000 units at a price of $0.10 per unit for gross proceeds of up to $600,000 originally announced on August 27, 2010. Mr. Benson also announced that the Company will replace this former offering with a new non-brokered private placement offering of up to 7,000,000 units at a price of $0.075 per Unit for gross proceeds of up to $525,000.

Each Unit of the New Offering ...