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 Kieth1on Apr 01, 2012 7:03pm

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Post# 19745780

RE: First Closing of PP

Maybe it was donald. Canadian insider shows him selling 700k shares at .05 for $35000.00 back on march 2nd. could be coincidental or not. I am still trying to figure out why a CEO of a company is buying shares 5k 7k 3k 2k at .07 -.075. thats like $500 or less each transaction. Geez times must be hard for him. I really thought we might of done well with the settlement and things were gonna be really good this year for Nordic but i am not so confident anymore with the insider transactions taking place.

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