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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 Aug 16, 2011 2:14pm
199 Views
Post# 18948356

RE: Rain? Maybe yes, maybe no ...no matter

RE: Rain? Maybe yes, maybe no ...no matterVery true indeed, rain can be a fickle thing. I have had it rain on my hay that is down and nada on my standing crop. Friend or foe sometimes it is impossible to figure, and sooner or later this well will be tested and i assume since the oil has waited x number of million years to be found it likely is not going anywhere soon. It looks like someone wants to hold this back  as i see a pretty big wall at the .105 level.
Bullboard Posts