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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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Comment by kingfisher7on Dec 16, 2011 6:50pm
379 Views
Post# 19330762

RE: So I guess there will be a payout to sharehold

RE: So I guess there will be a payout to shareholdYour joking right ? We already know the land is back in there hands,if there is also cash involved it is in the coffers and will be used for the 24 new wells in Joffre as well as the Balken play and Lloyd.This was truly the best X-mas gift Nordic could have hoped for.
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Dealroom for high-potential pre-IPO opportunities