Northwest Oil & Gas Trading Company, Inc.: Update First Quarter 2014 and current events

27.05.2014  |  DGAP

Miscellanious

In spring 2014 we have had some meetings with potential investors in the US concerning the development of the oil and gas projects. The presentations of the geological data as well the visit on the prospect sides met with a very positive response. A final financing sadly couldn't been realized yet.

Revolutionary advanced refinery technology

A very successful conclusion is the result of a series of tests of our patented advanced refinery technology which enables us to crack the molecules in heavy crude oil and Mazut in a very efficient manner. We will launch these technology to the market in roundabout 6 months. Several oil companies have signaled a strong interest in these innovative technology. We are very keen on these issue and believe that this superior technology can revolutionize the refinery market worldwide.

Further projects

We are in final negotiations concerning some projects in Africa and Europe. Worth the mention is for example a contract with an African nation for a sophisticated solar power system which has also been developed by one of our partner companies.

Change of Registered Office

The registered office address has been changed to 28 Old Rudnick Lane, Dover, DE 19901, USA with immediate effect.

Filing of Audited Financial Statements

The Company is currently in the process of finalising its 2013 Annual Financial Report. The final report is currently undergoing information clarification in regards to the Asset Allocation of the Company: We expect to lodge the Annual Financial Report with the market end of June 2014.

About Northwest Oil & Gas Trading Company, Inc.: Northwest Oil & Gas Trading Company, Inc. is an investment company in the oil and gas industry. The core business areas are organized into a regional focus in the US and in the Middle East, Africa and Europe. In the US the focus is on the acquisition and reactivation of oil- and gas-fields to expand these to a maximum production by using modern methods. The objective is occupying niches that appear uninteresting and not lucrative enough for large corporations. Further business should arise from proposed oiltrading with potential partners in the Middle East and Russia. Additionally the company is in the process of forming alliances to focus on the advanced "Cold Cracking Technology" as well on the "GTL Gas to Liquids Technology" for refineries in connection with its joint venture partners.

Disclaimer/Predictive statements:
This notification serves only general purposes and is not meant as a tender to purchase or sell shares of NORTHWEST OIL & GAS TRADING COMPANY, INC. Some statements in this notification are so-called forward-looking statements under the U.S. Private Securities Litigation Reform Act of 1995. These assertions are based on current expectations, estimates and forecasts as well as currently available information. The future-oriented assertions are not to be understood as guarantees of the cited prospective developments and results. The statements are not based on historical background, but rather represent predictive position statements and assumptions subject to risks and uncertainties which could cause actual events or results to differ materially from those reflected in the forward-looking statements and assumptions, including, but not exclusively, certain delays beyond the control of the company, uncertainties regarding future and/or unexpected costs, the inability or failure to obtain adequate financing on a timely basis, changes in the national and local laws, natural catastrophes, the risk of inadequate insurance or the inability to conclude an insurance contract and other risks, as well as also entirely unknown risks, uncertainties and factors which could lead to situations where the actual results, financial situation, developments or performance of the company considerably deviate from those which were expressly or implicitly assumed in these statements or assumptions. Should one or more of these risks and uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in forward-looking statements. NORTHWEST OIL & GAS TRADING COMPANY, INC. is neither committed to update this forward looking statements nor to amend them in the case of an unexpected trend.

May 27, 2014
NORTHWEST OIL & GAS TRADING COMPANY, INC. Contact: E-Mail ir@nwoil.org