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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 gregoooon Jun 13, 2008 5:25pm
345 Views
Post# 15184406

LOGS - Grover

LOGS - Grover
As per the news release Wednesday " further news release will be made after interpertation of the logs" and that the logging company was to be on lease latter that day-remember they had already logged the upper section.
So we should have  something soon as log interpertation is not that hard and doesn't take long. Hopefully they are done interpertating,casing has been run and they are WOC. Perforate and swab this weekend/early next week and give us some initial swab results ASAP - this would be ideal.
At this point they would know if the well will flow or require pumping and what they need to do next. Temporary production facilities are quick to set up but they would need a permit to do this from the Government.

And lets get back to hole #1 and fix it up- fish out stuck drill bit or do a sidetrack and drill around.
Bullboard Posts