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FLOW-THROUGH FINANCING Q4 2013

FLOW-THROUGH FINANCING Q4 2013. Safe Harbour Statement. This presentation contains certain forward looking statements, which are based on certain assumptions relating to future results.

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FLOW-THROUGH FINANCING Q4 2013

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  1. FLOW-THROUGH FINANCING Q4 2013

  2. Safe Harbour Statement This presentation contains certain forward looking statements, which are based on certain assumptions relating to future results. By their nature, forward looking statements are subject to certain known and unknown risks, including: the impact of general economic conditions, industry conditions, changes in laws and regulations, increased competition, stock market volatility and obtaining required approvals from regulatory authorities. Nordic Oil and Gas Ltd.’s actual results, performance or achievement could differ materially from those currently anticipated or described herein. Accordingly, no assurances can be given that any of the events anticipated by the forward looking statements will transpire or occur, or if any of them do so, what benefits that Nordic will derive therefrom.

  3. Noel, B.C. Property • September 2013 - entered into a farm-in agreement on 256 hectares of Petroleum and Natural Gas leases in the area known as Noel, B.C. • November 2013 - acquired 80% interest in 1,179 hectares of additional land in the Noel area; acquisition gives Nordic 20 drilling locations and the proximity between the two properties lends to strong efficiencies • Located in northeastern British Columbia - southeast of Tumbler Ridge - adjacent to the Alberta border • Lands are historically prospective for gas from the Paddy-Cadotte-Harmon Members of the Peace River Formation; Nordic has identified two prospective Cardium zones from the logs f from the existing wells

  4. Noel, B.C. Property • Shallow Cardium zones, which occur at a depth of 750 to 950 meters subsurface, are considered shallow wells, at a similar depth to those that we have drilled at Joffre • Prospect Synopsis Report estimates the well will produce between 40 and 90 barrels of condensate in conjunction with every 1 million cubic feet of gas produced • Project provides 20 spacing units enabling Nordic to drill and produce 20 wells with estimated production of 200 BOEs per well • First well to be twinned; investigating the viability of either re-completing the next well or alternatively drilling a twinned well on the existing surface lease

  5. Noel, B.C. Property • Locations already tied-in to the pipeline, therefore the cost of infrastructure is eliminated • Nordic to drill a new well before February 28, 2014 • Total of 20 wells planned • There is also a much deeper Cadotte zone that is very prolific throughout the area; have typically produced at an average rate of more than 1,600 Mcf/dover the first two years

  6. Private Placement Flow-through Offering • HIGHLIGHTS • $ 1Million in Flow-Through Shares at $0.05/share • Class A common share of the Company issued as a “flow-through share” within the meaning of the Income Tax Act (Canada) - INCLUDING one Class A common share purchase warrant • Each Warrant entitles the holder to purchase one regular Class A common share of the Company at a price of $0.05 per share for a period of 60 months from the date of issuance. • 10% commission payable plus Agent’s Warrants convertible at $0.05 for 60 months

  7. Current Production / Use of Funds • CURRENT PRODUCTION • Natural Gas 50 BOEs/day • USE OF FUNDS • Drilling program at Noel, BC $600,000 • Re-enter 11-13 well at Joffre $150,000 • General working capital $150,000 • Commissions payable on financing $100,000 • ANTICIPATED PRODUCTION FOLLOWING SUCCESSFUL FINANCING • Natural Gas & Heavy Oil combined 270 BOEs/day

  8. Growth & Structure • Unlike most Juniors, Nordic’s emphasis is on exploration • Strong land positions in Alberta, Saskatchewan & B.C. • Several oil, gas & CBM wells coming on production at Noel and Joffre • Proven & experienced management & technical teams

  9. Corporate Share Structure* COMMON SHARES ISSUED & 127,764,584OUTSTANDING Stock Options outstanding 8,012,500 Convertible Debentures 13,400,000 Warrants outstanding 25,522,987 TOTAL – FULLY DILUTED 174,700,071 * As at November 1, 2013

  10. Officers, Sr. Consultants & Board Corporate Officers: • Donald Benson, President & CEO • Don Bain, Corporate Secretary • Keith Peterson, Treasurer Board of Directors: • Donald Benson, Chairman • Barry Palka • Keith Peterson • Brahm Silverstone, Geophysicist • Don Bain *

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