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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 business is crude oil and natural gas exploration, development, and production with operations in the United States. Its 300,000-acre portfolio is distributed across the Williston, Permian and Appalachia Basins. Its portfolio comprises 300,000 acres of low-breakeven land with over 10,000 wells. Diversified by basin and across commodity type, its wells are operated by over 100 public and private operators. It 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. It acquires wellbore-only working interests in wells. It owns the Utica and Northern Delaware Basin assets. It also owns Point Assets in the Delaware Basin.


NYSE:NOG - Post by User

Bullboard Posts
Post by Bobwinson Aug 24, 2007 11:02am
216 Views
Post# 13295698

PR

PROk, I'll admit it. I don't know what this means. How do you compare these readings to mcf?? Bobwins had gas rates of 18.5 10(3)m(3) during a one hour flow test. The Belly River formation where the measurement was taken was perforated at between 649.5 metres and 651 metres. "The gas rate level at the 699.5-metre to 702-metre interval tested at 3.5 10(3)M(3)," Mr. Benson noted. "Given these excellent results, when combined with the Basal Belly River results, we certainly are optimistic that this will be a strong producing well for the Corporation."
Bullboard Posts