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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
Post by Caslan888on Nov 15, 2010 9:33am
339 Views
Post# 17706128

Weekend Research

Weekend ResearchWas a little bored over the weekend so I did some research on the Red River formation, the formation that these two Nordic wells are going to be targetting. Looks positive from the geologic abstracts i was able to find. Here's the abstracts.

Simulations of petroleum migration within the Red River petroleum system of the Williston Basin show that petroleum generation and secondary migration preceded the onset of an active hydrodynamic regime that persists to the present day. Furthermore: (1) a better understanding of the eastern limit of the mature source rock area, which is largely facies controlled, is required to reduce exploration risk east of the Nesson Anticline, (2) the Red River play types that have been prosperous in southeastern Saskatchewan should extend considerable distances to the north, as well as throughout central Saskatchewan and western Manitoba, Canada, and (3) accumulations that may have developed in the southwest of the basin have likely been flushed and redistributed subsequent to the onset of hydrodynamics.


https://www.sciencedirect.com/science?_ob=ArticleURL&_udi=B6VCP-4JHMRVK-F&_user=10&_coverDate=06%2F30%2F2006&_rdoc=1&_fmt=high&_orig=search&_origin=search&_sort=d&_docanchor=&view=c&_searchStrId=1541433361&_rerunOrigin=google&_acct=C000050221&_version=1&_urlVersion=0&_userid=10&md5=be8678385af19697c812370fce1243e5&searchtype=a

and

https://www.er.gov.sk.ca/adx/aspx/adxGetMedia.aspx?DocID=3938,3442,3440,3385,5460,2936,Documents&MediaID=8665&Filename=szabo.pdf

This one talks more about the Williston Basin, but as the other article talks about the high possibility of migrating north, we may be in luck!!!

Happy hunting!
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