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 > This has got to be totally illegal

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Comment by ShawnyCash1on Apr 29, 2014 6:18pm

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Post# 22504586

RE:This has got to be totally illegal

Benson has to get that 11-13 well going because of the lease requirements through Encana. I do believe that once he gets some cash that it will be deployed in an efficient manner to create income. Its been a long go without the funds for a drill program. Nordic's been treading water way too long.

Doesn't look like Benson is interested in selling land packages to get funding either. Heck, if it were me, I'd sell whatever i could to get the company going again.

So we wait hoping that the flow through gets filled. Five cents would be preferable but since no one is biting then try at two cents.

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