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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 mailmancpon Dec 09, 2010 2:05pm
252 Views
Post# 17824936

RE: RE: Drilling at Endeavor?

RE: RE: Drilling at Endeavor?Thank you for the information Debris.

The stock seems to be in a holding pattern to slight decline the last couple of days.   It seems that the recent financing first trench closing has slowed the buying.   The interesting thing though is there seems to be a good amount of support for the stock at the current levels.   With there not being a rush to the exits with sellers I am looking for a few days of consolidation.   All bets are off with any news though.

I would love to hear how the drilling at endeavor is going.  I have placed a call to Donald Benson so if I hear back anything I will post online.

Cheers
Bullboard Posts