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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 19, 2008 7:02pm
291 Views
Post# 15206697

Great

Great
Just as he had said earlier - once we have the logging results and the intervals picked to perforate we will issue a NR.
As far as the rest - move in service rig,perforate, evaluate and possible frac is all  a normal procedure. To do this work with a drilling rig is far too expensive and 10 days to do the work is normal nothing out of the ordinary here.
Good news.
 The only question I have is where did the drilling rig go - released or back to the first hole. I am going to e-mail them with that question. 
July 1st - will we have something extra special to celerbrate??
Bullboard Posts