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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Comment by roadrunner1129on Aug 17, 2011 1:24pm

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Post# 18952184

RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: Ronpos

Great news! Operations will finaaaaaaally commence!

Something to keep in mind - we may not see news about oil rates (if there is any oil) for at least a week unless they get really lucky. I've had lots of experience with acid jobs on oil wells where we just flow water for up to a week and then start seeing the oil...sometimes it's hard to convince management that we just need to clean up the well and let it flow!

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