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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Post by mailmancpon Dec 09, 2010 1:14pm

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Post# 17824540

Drilling at Endeavor?

I am assuming that Drilling is currently underway at Endeavor. I just reread the press release and the drill should have been placed on site this past weekend and the drilling should take place over the next 5 days.

Does anyone know (after the drilling is completed) when will we know if the wells are workable? I guess I would just like clarification on if this is something that is apparent right away or if we then need more testing on the well to determine if its economical or not.

Cheers.

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