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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 greenboomeron May 28, 2013 12:59am
175 Views
Post# 21463948

question

question

Does anyone else worry about nog being unable to make the debenture interest payment in April?

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 Nordic Oil delays debenture interest payment to Aug. 21

2013-05-21 17:59 ET - News Release

 

Mr. Donald Benson reports

DATE OF INTEREST PAYMENT EXTENDED ON NORDIC OIL AND GAS LTD. SERIES "B" DEBENTURE

Nordic Oil and Gas Ltd. has extended the date of the interest payment for the company's Series B three-year 10-per-cent secured convertible redeemable debentures scheduled for April 21, 2013, to Aug. 21, 2013.

Debentureholders representing the requisite percentage of the principal amount of the debentures required to facilitate the extension provided written consent to the trustee of the debenture, Computershare Trust Company of Canada.

We seek Safe Harbor.

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