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 flyinghorseon Oct 18, 2012 2:06am

191 Views

Post# 20496745

RE: RE: RE: RE: RE: before it gets buried, flyingh

Okay, let me try again. Because it usually takes three days for the transaction to settle, I have to buy nog on Oct 23 to be on Record Day of Oct 26 to receive the dividend. Now, you say if I sell it on Oct 24, I will still receive the dividend, because Oct 24 is the EX-day. Does it make sense to you?

I received dividends several times before. The Ex-day never happened before Record-day. Maybe nog is a special case, where the new shares cannot be traded, so it doesn't matter that Ex-day occurs before Record-day.

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