Northern Oil and Gas Inc.

Northern Oil and Gas Inc. today announced that it has extended the deadline for holders of the Company’s 8.50% Senior Secured Second Lien Notes due 2023 to validly tender Notes in the previously announced exchange and/or tender offers , or validly deliver consents, to be eligible to receive the consent fee in connection with the Company’s solicitation of consents to certain amendments to the indenture under [...]

Northern Oil and Gas Inc. today announced that it has increased the consent fee with respect to its previously announced solicitation of consents from holders of the Company’s 8.50% Senior Secured Second Lien Notes due 2023 to approve certain proposed amendments to the indenture under which the Notes were issued . The consent fee for the Consent Solicitation has been increased from $10 per $1,000 principal amount of [...]

Northern Oil and Gas Inc. today announced a preliminary third quarter 2019 production and operations update. PRODUCTION AND OPERATIONS UPDATE Northern estimates that its third quarter 2019 production was 40,786 Boe per day, a 53% increase over the third quarter of 2018. Strong well performance has continued to meet or exceed Northern’s expectations. However, Northern estimates that curtailments, shut-ins and [...]

Northern Oil and Gas Inc. announced today that it plans to issue its earnings release with respect to third quarter 2019 financial and operating results on Tuesday, November 12, 2019 before the market opens. Additionally, the Company will host a conference call on Tuesday, November 12, 2019 at 10 a.m. Central Time. Those wishing to listen to the conference call may do so via the Company’s website www.northernoil.com [...]

Northern Oil and Gas Inc. today announced that it has launched a consent solicitation seeking consents from holders of at least a majority of its outstanding 8.50% Senior Secured Second Lien Notes due 2023 to amend the indenture governing the Notes . The Consent Solicitation is underpinned by strong support from a substantial portion of holders of the outstanding Notes. In addition, Northern has launched a newly amended [...]

Northern Oil and Gas Inc. today announced that it has commenced a private offer to holders of its 8.50% Senior Secured Second Lien Notes due 2023 , upon the terms and subject to the conditions set forth in a Confidential Exchange and Tender Offer Statement and Consent Solicitation Statement and Offering Memorandum , to participate, to the extent such holders are eligible, in the options below at the election of such [...]

Northern Oil and Gas Inc. today announced the appointment of Nicholas O’Grady as President, in addition to his current role as Northern’s Chief Financial Officer. “Since joining Northern in June 2018, Mr. O’Grady has been instrumental in the acquisitions and financing transactions that have positioned Northern to thrive by fortifying our balance sheet and nearly doubling our production,&rdquo [...]

Northern Oil and Gas Inc. today announced that Michael Reger, Northern’s Founder, President and Chairman Emeritus, is departing the company to pursue opportunities outside the Williston Basin. The departure is amicable and Mr. Reger will remain Chairman Emeritus. In addition, Mr. Reger will be available to assist Northern in the transition under a consulting arrangement through March 2020. “It has been an [...]

Northern Oil and Gas Inc. today announced the company’s second quarter results and provided updated 2019 guidance. Second quarter 2019 production totaled 3.2 million Boe and averaged 34,965 Boe per day, a 66% increase from the prior year. Oil and gas sales in the second quarter increased 37% from the prior year to $149.8 million. Net income in the second quarter was $44.4 million or $0.12 per diluted share. Adjusted [...]

Northern Oil and Gas Inc. today announced a midyear update on its ground game acquisition strategy , which is Northern’s regular acquisition activity excluding larger, separately announced deals such as the recent VEN Bakken acquisition. As part of this update, Northern is seeking to enhance its capital expenditures disclosure by providing both the acquisition capital spent to close Ground Game deals, as Northern [...]