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 hockeytownon Jan 11, 2011 9:21pm

306 Views

Post# 17957240

RE: I'm out

I was going to jump in today, but got spooked a little, you got to think someone just unloaded and brought this from .21 to .13, in a matter of minutes. I was going to get in at .16 and the ask side was building big time at .165 and .17 that made me nervous, if this didn't happen today I was going to pop in at .20 and think nothing of it, this tells me something might be wrong, we will see what happens tomorrow.

Bullboard Posts

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