Northern Oil and Gas Inc.

Northern Oil and Gas Inc. announced today that it expects to release first quarter 2018 financial and operating results on Monday, May 7, 2018 before market opens. Additionally, the Company plans to host a conference call on Monday, May 7, 2018 at 10:00 AM Central Time. Those wishing to listen to the conference call may do so via the company’s website www.northernoil.com or by phone. Conference Call and Webcast [...]

Northern Oil and Gas Inc. today announced that it has entered into a definitive agreement to acquire producing assets and acreage in the core of the Williston Basin in North Dakota for total consideration of $40 million in cash and 6 million shares of Northern common stock. The company anticipates the acquisition will close in approximately 40 days, and will have an effective date of January 1, 2018. HIGHLIGHTS February [...]

Northern Oil and Gas Inc. today announced the pricing of a public offering of 58,666,667 shares of its common stock, par value $0.001 per share , at $1.50 per share . The offering is expected to close on or about April 10, 2018, subject to customary closing conditions. The underwriters have been granted a 30-day option to purchase up to an additional 8,800,000 shares of Common Stock from the Company. Stifel, Nicolaus [...]

Northern Oil and Gas Inc. today announced first quarter 2018 production estimate and increased full year 2018 production guidance. HIGHLIGHTS Expecting first quarter 2018 average daily production to increase by 5% to 6% over fourth quarter 2017, a sequential increase of nearly 1,000 barrels of oil equivalent per day Raising full year 2018 production guidance; now expecting average daily production to increase by 18% to [...]

Northern Oil and Gas Inc. today announced the commencement of an underwritten public offering of an aggregate value of $105 million of shares of its common stock, par value $0.001 per share . The underwriters will be granted a 30-day option to purchase up to an aggregate value of $15.75 million of additional shares of Common Stock. Stifel, Nicolaus & Company, Incorporated is acting as the sole book-running manager for the [...]

Northern Oil and Gas Inc. today announced 2017 fourth quarter and full year results and provided 2018 guidance. HIGHLIGHTS Northern raises 2018 annual production guidance and now expects a 16 - 20% increase over 2017 Year-end 2017 proved reserve volumes increased 40% year over year from 54.1 million barrels of oil equivalent in 2016 to 75.8 million Boe The SEC PV-10 value of year-end proved reserves increased 100% year [...]

Northern Oil and Gas Inc. announced today that it expects to release fourth quarter and year-end 2017 financial and operating results on Thursday, February 22, 2018 after market close. Additionally, the Company plans to host a conference call on Friday, February 23, 2018 at 9:30 AM Central Time. Those wishing to listen to the conference call may do so via the company’s website www.northernoil.com or by phone [...]

MINNEAPOLIS, Feb. 1, 2018 /PRNewswire/ -- Northern Oil and Gas Inc. today announced selected preliminary and unaudited fourth quarter 2017 results. FOURTH QUARTER HIGHLIGHTS Daily production in the fourth quarter exceeded prior guidance, increasing 9.3% sequentially and 22.3% year over year to average 16,742 barrels of oil equivalent per day, for a total of 1,540,237 Boe Northern beat its prior expense guidance with lower [...]

MINNEAPOLIS, Feb. 1, 2018 /PRNewswire/ -- Northern Oil and Gas Inc. today announced that it has entered into a privately negotiated exchange agreement with certain holders of its 8% senior unsecured notes due 2020.  HIGHLIGHTS OF THE TRANSACTION Approximately $497 million of existing senior unsecured notes to be exchanged for approximately $344 million of senior secured notes due 2023 and approximately $155 million of [...]

MINNEAPOLIS, Dec. 20, 2017 /PRNewswire/ -- Northern Oil and Gas Inc. today announced a fourth quarter 2017 update, provided preliminary 2018 production and capital expenditure estimates, and announced changes to the Company's Board of Directors.  FOURTH QUARTER 2017 UPDATE Raising fourth quarter production guidance; now expecting average daily production to increase by 4% to 6% over third quarter 2017, compared to prior [...]