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 Caslan888on Apr 15, 2010 10:27am

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Post# 16994576

RE: NOG in Sparky formation?

Here's a news release that answers your question.

https://www.nordicoilandgas.com/Dec2209.html

December 22, 2009 NEWS RELEASE

Seven Successful Wells Now Drilled at Nordic’s Lloydminster Property

3-D seismic also being shot in Lloydminster in preparation for new horizontal well

WINNIPEG, Manitoba - (December 22, 2009) Donald Benson, President & CEO of Nordic Oil and Gas Ltd. (“the Company” or” Nordic”) announced today that drilling and casing of its new 15B-06-50-01 W4, 10B-06-50-01 W4 and 6D-24-50-2-W4 heavy oil wells at Lloydminster, Alberta have been completed. This brings to seven the number of successful wells the Company has drilled in over the past three weeks as part of the Company’s 10-well drilling program at Lloydminster.

The most recent well - 6D-24-50-2-W4, with pay in the Dina, General Petroleum and Sparky zones - is the strongest of them all.

With the completion of this latest well, Nordic now has 15 wells primed for production at Lloydminster, with the likelihood of the remaining three in the initial 10-well program to be drilled early in 2010.

“We hope to have two of the new wells on production by the end of December and the remaining five on production in January,” Mr. Benson added. “As such, we are optimistic that we will reach our projected production targets at Lloydminster of approximately 275 to 300 BOEs per day during the first quarter of 2010*.”

Furthermore, the Company is also making preparations to begin shooting 3-D seismic over the quarter section target lands in Lloydminster in preparation for the drilling of a horizontal well. Typically, horizontal wells in the Lloydminster area produce between 100 and 250 BOPd.