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 Caslan888on Nov 26, 2010 4:25pm

255 Views

Post# 17764335

RE: RE: RE: RE: RE: News Out

Ah who knows, after 7-8 whiskey's tonight this might seem like a real buying opportunity hahaha! Drills are still going ahead and we'll probably see another run up like this one after the 2nd license is released. The company didn't close the doors people, just found an opportunity to ensure that the rigs, construction, completions etc are paid for. Long term thoughts is that we won't even notice this bump, short term thoughts is - pass me another Crown Royal and Coke...

Caslan888

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