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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 robert1958on Jun 21, 2011 10:02am
221 Views
Post# 18743168

RE: RE: Any Know What This Means?

RE: RE: Any Know What This Means?Unless you have some insider information (which i highly doubt) i have to wonder at your statement " At least Nordic has decided to abandon their failed Preeceville experiment". I would think that it is not a good practice to be making that type of statement if you are not a representative of the company. If at some time the company does announce that Preeceville is not a viable project, at that point a person could wonder and speculate about what the company plans are.

Regards 
Bullboard Posts