Northern Oil and Gas Inc V.NOG

Primary Symbol: NOG

Energy Oil & Gas E&P

Northern Oil and Gas, Inc. is a real asset company that focuses on acquiring and investing in non-operated minority working and mineral interests in the hydrocarbon producing basins within the contiguous United States. Its business is crude oil and natural gas exploration, development, and production with operations in the United States. Its 300,000-acre portfolio is distributed across the Williston, Permian and Appalachia Basins. Its portfolio comprises 300,000 acres of low-breakeven land with over 10,000 wells. Diversified by basin and across commodity type, its wells are operated by over 100 public and private operators. It engages in oil and natural gas exploration and production by participating on a proportionate basis alongside third-party interests in wells drilled and completed in spacing units that include its acreage. It acquires wellbore-only working interests in wells. It owns the Utica and Northern Delaware Basin assets. It also owns Point Assets in the Delaware Basin.

NYSE:NOG - Post by User

Northern Oil and Gas Inc

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Post by kerogenon Jul 16, 2008 3:01pm

459 Views

Post# 15299398

Oil seeps

I have numerous msgs in my inbox, sorry guys, I'll only post info to everyone...I still work for a living so I can't respond to everyone individually. The 34 oil seeps aren't 34 seperate targets, but 3. Check out this link to a powerpoint presentation they gave in Saskatchewan at Saskrocks. You will see 3 target areas.

For the Westcoast poster who asked me about the high butane values equalling light oil....geochemistry is like geophysics, a useful tool but I don't buy in that you can tell what type of oil is in the reservoir until you put a drill bit into it.

https://www.saskrocks.com/mining/presentations/Nordic.ppt

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