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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 Kramerizoron Jun 04, 2012 9:34pm
348 Views
Post# 19979545

RE: RE: RE: RE: Well, here we go again...

RE: RE: RE: RE: Well, here we go again...

or the un-related party had no choice - accept the  shares or don't get paid at all.  Nordic continues to amaze me...pay for debt with shares.....announce that they had a wonderful last quarter....dilute...dilute...dilute and after how may years they are at 100 BOE/d...???

REVENUE HIGHEST LEVEL IN TWO YEARS - N.R. - May 30, 2012

The net loss for the three months ended March 31, 2012 before income taxes was ($153,138), a substantial improvement over the net loss of ($685,553) reported during the first quarter of 2011. When applying deferred taxes to the first quarter of 2012, the net comprehensive loss improved to ($139,670); in Q1 2011, when applying deferred taxes the loss became even greater at ($949,412).

WOW....these guys are amazing...

 

Don / Don...why would anyone invest in NOG..?

 

I would like to see a post from Don / Don on Stockhouse - 

 

K

 

Bullboard Posts