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.

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Northern Oil and Gas Inc

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Comment by gregoooon Jun 17, 2008 12:04am

393 Views

Post# 15191721

RE: New oil discovery

100% .

Nordic has been working on this area for 7 years- first land aquisition/siesmic etc started in 01- I think management has done a fantastic job of keeping this quiet over the years and expanding their land to over 110000 acres until they started drilling for the deeper oil- and lets not forget the shallow shale gas that they will develope after further analysis of their 06 well.

Fantastic

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