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 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

Northern Oil and Gas Inc

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Comment by paljoeyon Mar 13, 2008 12:46pm

172 Views

Post# 14653663

RE: Will not be selling - Adding in fact

This one was almost dead and now moving higher on $100 oil. Good to see, as junior oils have been beaten up.\ See V.AOF at 20 cents and a NAV of $1.62/share with over 100,000 acres and already producing over 500 boe/day. Last well flowed at 600 boe/day.

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Cross border trading in Canada and Australia