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 principal business is crude oil and natural gas exploration, development, and production with operations in the United States. Its 272,251-acre portfolio is distributed across the Williston, Permian, and Appalachia Basins. Its portfolio comprises about 272,251 acres of low-breakeven lands with over 9,765 wells. Diversified by basin and across commodity type, its wells are operated by over 100 public and private operators. It primarily 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. In addition, it acquires wellbore-only working interests in wells. It also owns the Utica and Northern Delaware Basin assets.

NYSE:NOG - Post by User

Northern Oil and Gas Inc

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Comment by TooL8on Jan 26, 2011 1:09pm

265 Views

Post# 18029415

RE: RE: scaremonger/hogwash ALERT!

Yes very good point, I have a few shares 200k, more then I orginally wanted but decided to average down from last nr. Stocks are always being manipulated in one form or another. What I really find interesting is the bid/ask numbers. I've seen a false wall of 900k come up a few times & taken down. Almost like someone is trying to hold the price down. Once the acid test is underway things should start getting better. glta

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