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

Bullboard Posts

Post by ShawnyCash1on Jul 01, 2013 3:24pm

372 Views

Post# 21583062

Flow Through

Who's going to buy into this latest Flow Through?

1. If the Frack works on the belly river well, production from that zone could be 600,000 cubic feet per day.

2. The coal bed methane well could be 100,000 - 300,000 cubic feet per day

3. Preeceville work over ? who knows if they will get any flow after the acid job.

4. Heavy oil well work over - likely 20 - 30 bls per day once operating.

The cash flow would be nice. Hopefully some qualified investors see the value here.

Bullboard Posts

Advancing flagship Ishkõday Gold Project in Ontario