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 Aug 08, 2008 8:33pm

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Post# 15370820

RE: Finally an answer,but not much news:

Lloydminster- why do they not mention the 4 wellbores they bought earlier and were going to have on production "shortly".
I don't know but I still have a small positon (30000) so will keep in case somthing happens in Preeceville - why not do some 3D siesmic- this is the type of field it was designed for - hard to pick the sweet spots. he always refers to Turner Valley and that they drilled dry holes before hitting but they still had the horse and carrage then- Cadillac 3D - horse and carrage 2D.

IMO

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Visionstate set to leverage success in the U.S. market