Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 Aug 04, 2011 11:27am
197 Views
Post# 18903693

Pumpers/Bashers

Pumpers/BashersAre unfortunately a fact of life on the boards. The only way to at least quell some of their rhetoric is for Mr. Benson to move forward with the company attaining positive results. As i see it right now perhaps the weather in Sask has been a fortuitous event, as it has delayed the "Acid Squeeze" thereby leaving that project in the back of investors minds as a possible valuable entity, which includes myself. I'm not overly impressed with the the one third ownership of 16 wells, but i would guess the less outright risk a company assumes is always best. I would think that as the company has till Aug. 15th to acquire the 3rd line of seismic data in the Bakkan zone, we might be hearing shortly what if any action they will pursue to that end. Then there is the golden egg, this legal issue with Encana, i would think that this was the driving force behind Mr. Benson acquiring that 250k shares on the open market but there again we are in the dark as to what form of compensation this might take or the time frame involved perhaps 2nd quarter 2012. So that means the company has to achieve the aforementioned positive results with other projects in the interim otherwise i might be able to increase my position at a significantly lower SP. So does this dialogue earn me the title of Pumper/ Basher..........hmmmm.


Regards
Bullboard Posts