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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 McLachertyon Dec 21, 2010 4:50pm
230 Views
Post# 17878636

RE: What are the odds...

RE: What are the odds...First post, sittin in silence, a friend of mine who was a drilling supplier told me to look at endeavour, mcbride lake area as something big was going to happen. I hope this is it, he had terminal cancer and passed away. I remember him and what he said to this day and am sure he is cheering from the sky. GLTA, if not this one - there will be another. JMO Jim ----------Original Message Posted 12/21/2010 1:05:38 PM---------- of striking a commercially viable supply on the first drill attempt?

About 10% if we are lucky and their geologists are very good?

Of course, with oil seeps all over the country side, one would think that our odds are improved considerably.

Here's hoping for at least a 20% chance.
Bullboard Posts