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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
Comment by roadrunner1129on Jul 21, 2011 11:50am
269 Views
Post# 18856869

RE: NOG , Lets' be realistic

RE: NOG , Lets' be realisticI agree with you...the fluff news releases are getting a bit old. Reeks of desperation on the company's part.

I would like to see NOG hold true to one of their timelines JUST ONCE!!! "We expect to be on the end of this week by the latest"...yeah right.

Putting that and kerogen's unfathomable obsession with NOG aside, I'm hopeful that something for NOG will pan out this year so I can get out on the right side of even. I've definitely learned a thing or two this year about how to screen management teams for the right stock...the Don's, IMO, are not a good team. You win some, you lose some I guess.

Still hopeful but growing weary. GLTA.

RR
Bullboard Posts