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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
Comment by groovin123on Jun 02, 2008 4:43pm
255 Views
Post# 15136247

RE: Chase it now, 12minutes left - Schor

RE: Chase it now, 12minutes left - SchorSchor, are you stalking me? lol.

Whenever news drops that gets a negative reaction from the market, it always over-corrects, and is an excellent opportunity to buy in.

Look at the daily charts... she doesn't trade this low on a regular basis, especially in the middle of a drilling campaign that has a very distinct possibility of an economic discovery.

Who's selling is always a solid indicator as well. TD, E-Trade, the usual retail suspects. People come home from work and see their investment is 25% down from where they paid too much, throw in the towel without giving it a chance - and then move on to the next play to do it all over again, which is why they go broke. Buy low, hang on, sell high. The end.

Wham, bam, thank-you ma'am!


Bullboard Posts

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