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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Comment by ShawnyCash1on Mar 17, 2014 8:30pm

160 Views

Post# 22333822

RE:Company Website

Ha, maybe a new site being constructed or maybe no money to keep the website up?

Odd strategy of buying more land instead of developing assets they already own.

I don't understand why they don't progess with Joffre especially with gas prices at current levels.

Incremental production and build a base.

Strange strategy of buying a non producing property that will cost who knows how many hundreds of thousands to get a well up and running in NOEL BC. Since we're not seeing investors flock to the flow through and marginal company production to pay for this new venture... where are they going to get the money and when..

Stay tuned... Nordic needs to pull a rabit out of their hat.

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Two micro-cap stocks with strong fundamentals