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.

NYSE:NOG - Post by User

Northern Oil and Gas Inc

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Comment by tpaymanson Jan 28, 2010 10:00am

159 Views

Post# 16727619

RE: RE: RE: News

Let me say I am in this stock but I hate to see Nordic is lying, delaying, deleting and diluting.
Two summers ago they get the drill in the hole locked and not removable when looking for oil in Preeceville but one day for the news there was a huge selling and share price dropped from 70 cent to 45 cents. (insider)

What will happen to 3 three wells that they planned to drill short after december? Has Nordic already paid for it?
Will they finis it or just don't talk about anymore?

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