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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 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

Northern Oil and Gas Inc
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Post by GA_Makemydayon Feb 16, 2011 1:15pm
368 Views
Post# 18144013

NOG shares wallowing now...

NOG shares wallowing now...because many investors recall what happened two years ago when they first drilled around Preeceville.

What is happening now in terms of  progress, ambiguous results, delays, and news releases closely parallels the initial attempts in 08.

For many of the original investors in NOG, what we are seeing transpire now is a simple case of  Deja vu.
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities