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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Post by globe007on Aug 21, 2012 11:31am

222 Views

Post# 20241899

I AGREE....WHEN IS THE NEXT NEWS

RELEASE?

“The Reservoir Engineer’s Report suggests that this well can now go on production,” Mr. Benson stated. “We feel it is important to test the well first so that we can evaluate which lands within the current permits, which expire in August of this year, will be retained in the form of five-year leases. Permits do not allow you to undertake production.”

UNBELIEVABLE....

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