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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
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Post by flyinghorseon Oct 10, 2012 11:37am
1215 Views
Post# 20468591

green coal share divident, one for every ten!!!

green coal share divident, one for every ten!!!

Some good news!!

 

Mr. Donald Benson reports

NORDIC OIL AND GAS LTD. DECLARES SPECIAL SHARE DIVIDEND CONSISTING OF SHARES OF GREEN COAL CANADA LTD.

Further to its news release dated Sept. 19, 2011, which stated that Nordic Oil and Gas Ltd. intends to declare a special share dividend consisting of shares of Green Coal Canada Ltd., Nordic will be issuing to Nordic shareholders one share of Green Coal Canada for every 10 shares of Nordic. The Green Coal shares will be issued on Nov. 9, 2012, to Nordic shareholders of record on Oct. 26, 2012. The ex dividend date is Oct. 24, 2012.

Nordic, in conjunction with its sister company Western Warner Oils Ltd., formed Green Coal in 2010 to develop their coal, including underground coal gasification (UCG), at the Drumheller, Alta., property where, said president and chief executive officer Donald Benson, "[the company has] 9,640 acres (3,900 hectares) of coal leases."

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