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.

NYSE:NOG - Post by User

Northern Oil and Gas Inc

Bullboard Posts

Comment by roadrunner1129on Sep 13, 2011 1:50pm

273 Views

Post# 19037460

RE: Nordic announces Discovery!

I hate to say it, but I think kerogen is right...

The dilution that keeps going on is killing me. I'm sitting on a 50% loss right now and unless the Bakken turns NOG around before year end it might be time to cut most of my losses to use as a tax writeoff and keep a few shares for the LT in case the Encana deal proves to be lucrative.

I used to be so bullish on NOG but my spirit is starting to break...7 cents, 6.5 cents on the bid today :(

Bullboard Posts

From now on, dynaCERT instead of Bitcoin or NVIDIA?