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 > Nordic has more value than Saturn

<< Previous

Bullboard Posts

Next >>

Comment by 14oilpatchon Feb 18, 2016 6:45pm

134 Views

Post# 24572901

RE:RE:Nordic has more value than Saturn

Hmm, As I see it, at this point Nordic's value is based on its land value and where it is situated. It would appear that it has little opportunity to raise the cash needed to substantiate the value of its land. It may experience an increase in its share value based on Saturn's success, but it still has a long way to go in my opinion.

<< Previous

Bullboard Posts

Next >>

Stockhouse DealRoom opens new Australian opportunities