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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 Caslan888on Oct 14, 2010 5:34pm
339 Views
Post# 17566284

RE: buying 21,000 @ .06

RE: buying 21,000 @ .06I spoke with Don Bain today and he mentioned that they would be completing the 4th well in the next 2-3 days and were basically awaiting approval from the Saskatchewan gov't to drill the well - all the paper work is in, just need a piece of paper back to start.

Hopefully with the completion of the 5th well, coupled with the spud of the Endeavour well this stock will pull itself out of the basement...
Bullboard Posts