Northern Oil and Gas Inc. NOG

Northern Oil and Gas, Inc. is the largest publicly traded non-operated exploration and production oil and gas company, and the leading non-operated working interest franchise in the premier shale basins across the United States. The firm’s primary focus is investing in non-operated minority working and mineral interests in oil and gas properties. The firm was founded in 2006 and is headquartered in Minnetonka, Minnesota.

The company is engaged in the acquisition of non-operated positions in high-quality areas which are about to be drilled, partnering with leading exploration and production operators who have a successful track record. The company holds interests in the Bakken and Three Forks formations in the Williston Basin of North Dakota and Montana, in the Permian Basin and in the Appalachia Acres, and has had participation in a total of more than 7,000 gross producing wells since the company’s inception.

In November 2021 the firm announced that it had commenced a public offering of 10,000,000 shares of its common stock, with the intention to use the net proceeds to fund the acquisition of Veritas Energy, LLC. Northern Oil and Gas, Inc. became a public company in 2007, and is listed on the NYSE under the ticker NOG.

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