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Northern Oil and Gas Inc V.NOG


Primary Symbol: NOG

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 principal business is crude oil and natural gas exploration, development, and production with operations in the United States. Its 272,251-acre portfolio is distributed across the Williston, Permian, and Appalachia Basins. Its portfolio comprises about 272,251 acres of low-breakeven lands with over 9,765 wells. Diversified by basin and across commodity type, its wells are operated by over 100 public and private operators. It primarily 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. In addition, it acquires wellbore-only working interests in wells. It also owns the Utica and Northern Delaware Basin assets.


NYSE:NOG - Post by User

Bullboard Posts
Comment by kingfisher7on Mar 12, 2010 5:06pm
365 Views
Post# 16878277

RE: RE: News Soon ?

RE: RE: News Soon ?At the time there was a PP @ .012 and .015. The PP @ .012 closed Feb 4th 1825000 shares.It was easy to presume the PP @ .015 would be lowered.It was simply a move by management to test the waters.

They may not accomplish everything they say on time or at all but the future looks bright for NOG.What really interests me is the huge potential in preeceville.If they can manage to hit some major gas this stock will move very significantly.But in the mean time the horizontal well in Lloyd if succesful should bring us to .20.What the market really needs to know is BOPD output, which should be related once remaining wells are on line and new horizontal well.

If you can, sit back and wait for the payday,Rome wasn't built in a day ,
Bullboard Posts