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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Post by mailmancpon Feb 03, 2011 10:31pm

468 Views

Post# 18073569

Could it be that we have hit bottom?

I find it quite interesting that the support has held up quite well.    Its nice to see NOG start to rise again.   I think we may have hit a bottom.

Now lets hope we get some news on Acidization.    This will propel us higher.

I know that guys like Kerogen will argue that NOG is no good for this reason or that reason however nobody knows 100% what NOG has until they finish all the processes involved on Well #1.    With this being said the excitement will come back into the stock again once the acidization is announced.   I will be adding more shares.

Nothing ventured, nothing gained folks.

Nice to see the .11 cent offers falling.

Cheers

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