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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 Jul 25, 2011 1:14pm
314 Views
Post# 18869234

RE: RE: RE: Reason for sudden break?

RE: RE: RE: Reason for sudden break?Looks to me like they wanted to see how this SP would move, having seen that they have now brought it back to the .12 and erected a wall to hold 'er back.Don't ask me who "They" is as i have no idea ha ha. I really think the company now needs to release some news about how the progress at the Endeavour 4-11 is going and what the production rates are at NG well in Loydminster are. Of course an NR saying there is no news is pointless, so i expect that when there is something we will hear. Sure liked seeing that .14.

Regards
Bullboard Posts