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 Oilseekeron Aug 14, 2013 10:10am

336 Views

Post# 21669123

Private Placement

Nordic Oil 286,000-share private placement

2013-08-12 17:41 ET - Private Placement

The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced April 25, 2013.

Number of shares: 286,000 Class A common shares

Purchase price: Five cents per share

Warrants: 286,000 share purchase warrants to purchase 286,000 Class A common shares

Warrant exercise price: 10 cents for a period of two years

Number of placees: One placee

Insider: Desoto Resources Ltd., 286,000

Desoto, isn't that the company that settled with Encana over the oil and gas at Joffrie, Alberta

Year of the Profit, Oilseeker

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