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.

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Northern Oil and Gas Inc

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Post by robert1958on Feb 19, 2011 2:22pm

480 Views

Post# 18164563

Hmmmmm

When i invested in this company i had thought we would be in a better position then we are now. But that is the name of the game, pays your money and takes your chances. I really don't like the direction the company is headed paying for services with shares is sort of a slippery slope. Be nice if all the "he said, he said' went away as it is sort of mind numbing and adds nothing to intelligent conversation. I maintain the faith in their program and wish the company well.

Regards

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