SelectSingleNode returns null when tag contains xmlNamespace

You should use an XmlNamespaceManager in your call to SelectSingleNode():

XmlNamespaceManager ns = new XmlNamespaceManager(xmldoc.NameTable);
ns.AddNamespace("msbld", "http://schemas.microsoft.com/developer/msbuild/2003");
XmlNode node = xmldoc.SelectSingleNode("//msbld:Compile", ns);