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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
Comment by tpaymanson Jan 27, 2010 2:32pm
102 Views
Post# 16724838

RE: RE: RE: RE: Dilution

RE: RE: RE: RE: DilutionI know what Dilution is, just not dulution as you had stated.  Itsfantastic when you fear mongering bashers start posting on messageboards, because it usually means that the stock will pop. 

Asfor the dilution claim, there will not be any from the royalty trust .By creating a royalty trust they can raise money for more projects andnot dilute the share price.  So now our small company can raise capitalto drill wells, complete those wells and complete exploratory seismic,all during the toughest economic times our generation has ever seen. 

Butplease, bash away and get this stock to drop just a little more so Ican add to my generous position.  Then when she blasts off, I'll beable to reap the benefits of your poorly articulated work.



It is clearly to me that you don't know this stock. You are an impulsive buyer and have a blinding board before your head and you even don't want it removed.


Two years ago they could have raised the same dollars for one-7the of shares but who cares 20 milj or 140 mil, it is just a nummer on the screen.
Bullboard Posts