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

Bullboard Posts

Comment by Wortepon Jan 08, 2011 5:39pm

505 Views

Post# 17944141

RE: RE: RE: Working over the weekend I hope?

$10 Million Financing Commitment
Looks like they are going to need major money to do the Saskatchewan oil and gas recovery. Remember they are the first in the area and all the other oil companies are going to need major infrastructure. So maybe NOG is taking a larger than usual stake and will supply some of the needed infrastructure requirements. This would create additional revenue streams for the company.

We maybe on the edge of something totally over whelming.
GLTAL
Remember my shares will be available after we hit the $15/share mark.

Bullboard Posts

Full Circle Lithium goes global with its battery fire-fighter