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Northern Oil and Gas Inc V.NOG


Primary Symbol: NOG

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

Bullboard Posts
Post by robert1958on Jun 20, 2011 10:42am
304 Views
Post# 18737756

Activity??????

Activity??????I guess while the company is in the Queue there will be no activity. I don't foresee Encana forwarding any pre-emptive offer until they have tested the waters of the courts, as there are many delaying tactics available to them ie; continuance. I realize that the appellate court has ruled that the case can be heard in the courts but has a date been set for this?If not then getting a timely date in the courts might be a challenge. Right now it is like watching paint dry, well no at least when the paint drys something has happened, oh well time to move on to other ventures and let this one simmer on the backburner for awhile.

Regards
Bullboard Posts