Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 dataman69on Jan 09, 2010 4:47pm
410 Views
Post# 16659742

PP has closed

PP has closedapprox 9 mil shares sold in the 3 tranches if my addition is correct

Nordic Oil 3.6-million-share private placement

2010-01-08 17:17 MT - Private Placement

This is a third and final tranche closing.

The TSX Venture Exchange has accepted for filing documentation withrespect to a non-brokered private placement announced Nov. 11, 2009.

Number of shares:  3.6 million shares

Purchase price:  10 cents per unit

Warrants:  1.8 million share purchase warrants to purchase 1.8 million shares

Warrant exercise price:  11 cents for a one-year period

Hidden placees:  13 hidden placees

Pro groups:  James Harris, 600,000;Nargis Sunderji, 100,000

Finders' fees:  Blackmont Capital Inc., $2,800 cash and 28,000 broker warrants;Jeff Stromberg, $3,280 cash and 32,800 broker warrants;Union Securities, $16,000 cash and 160,000 broker warrants(Each broker warrant is exercisable at a price of 11 cents per share for a period of one year.)



Bullboard Posts