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Northern Oil and Gas Inc 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 TheJakeMooreon Sep 21, 2018 3:15am
133 Views
Post# 28661645

RE:RE:RE:Avoid

RE:RE:RE:AvoidExiting shareholders here should look to Saturn Oil and Gas as your next oil exposed growth stock!

SOIL on the venture. Lots of brokered support and just got handed a huge financing to drill 20+ more wells. To go with 10 wells already producing. 5 of which’s flow rates are being disclosed Monday. 

Tomorrow’s likely the last day to take a position before results. Rumour is before full decline the 10 wells on line are producing in excess of 10 cubes an hour or roughly 1500+ bpoe. You do the math. If  they are pricing those rates and can continue to succeed on that level. Saturn could be a 300-400 million dollar stock by January. 

Market cap just 46 mil today. Do your DD!!
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities