Northern Oil and Gas Inc. announced today that it plans to issue its first quarter 2023 financial and operating results on Thursday, May 4, 2023, after the market closes. Additionally, the Company will host a conference call on Friday, May 5, 2023, at 10:00 a.m. Central Time. Those wishing to listen to the conference call may do so via phone or the Company's webcast. Conference Call and Webcast Details: Date: May 5, 2023 [...]
Northern Oil and Gas Inc. today announced that Jim Evans has been named Chief Technical Officer, effective immediately. Mr. Evans, who has served in numerous progressive engineering roles at NOG since 2013, previously held the title of Executive Vice President and Chief Engineer since February 2021 and Senior Vice President of Engineering since January 2020. Mr. Evans' technical leadership has earned him several [...]
EnerCom Publishes Preliminary Presentation and Event Schedule on EnerCom Dallas Website at www.enercomdallas.com. Investor registration is open for EnerCom Dallas + The Energy Venture Investment Summit conference featuring a broad group of public and private oil and gas companies and innovative start-up company presentations. Limited Presentation Opportunities Still Available for E&P, Midstream, OFS Companies and [...]
Northern Oil and Gas Inc. , a leading Non-Operating E&P company today announced that Nick O'Grady, Chief Executive Officer will present at the Raymond James 44th Annual Institutional Investors conference on March 7, 2023, at 3:25 p.m. ET. A live webcast of the presentation can be accessed from the Presentations tab on our website or through the following link: https://wsw.com/webcast/rj127/nog/1470744. The webcast will be [...]
Northern Oil and Gas Inc. today announced the company's fourth quarter and full year 2022 results and provided 2023 guidance. MANAGEMENT COMMENTS "2022 was a defining year for our Company," commented Nick O'Grady, NOG's Chief Executive Officer. "NOG generated record production, Adjusted EBITDA and Free Cash Flow enabling a 275% increase in its common dividend. The $927 million of M&A announced in 2022 will directly [...]
Investor registration is open for EnerCom Dallas + The Energy Venture Investment Summit conference featuring a broad group of public and private oil and gas companies and innovative start-up company presentations at www.enercomdallas.com. Presentation Opportunities Available for E&P, Midstream and OFS Companies. EnerCom, Inc. announces preliminary list of participating companies for EnerCom Dallas - The Energy Investment [...]
Northern Oil and Gas Inc. today announced that its Board of Directors has declared a cash dividend on the Company's common stock. The Company is also providing operational and shareholder return updates. DIVIDEND DECLARATION NOG's Board of Directors has declared a cash dividend in the amount of $0.34 per share, representing a 13% increase from the prior quarterly dividend. The dividend is payable on April 28, 2023, to [...]
Northern Oil and Gas Inc. announced today that it plans to issue its fourth quarter and year-end 2022 financial and operating results on Thursday, February 23, 2023, after the market closes. Additionally, the Company will host a conference call on Friday, February 24, 2023, at 10:00 a.m. Central Time. Those wishing to listen to the conference call may do so via phone or the Company's webcast. Conference Call and Webcast [...]
Northern Oil and Gas Inc. today announced the closing of its acquisition of non-operated properties in the core of the Midland Basin. MIDLAND BASIN ACQUISITION On January 5, 2023, NOG closed on its previously announced acquisition of non-operated interests in the Mascot Project from Midland Petro D.C. Partners, LLC . As part of the closing, NOG upsized the originally announced transaction by acquiring an additional 3.25 [...]
Northern Oil and Gas Inc. today announced the closing of a previously announced acquisition of non-operated interests in the Northern Delaware Basin. DELAWARE BASIN ACQUISITION On December 16, 2022, NOG closed its previously announced acquisition of properties from a private seller. The closing settlement was $131.6 million in cash, which includes a $13.0 million deposit paid at signing in October 2022. The closing cash [...]
Northern Oil and Gas Inc. today announced the closing of a previously announced acquisition of non-operated interests in the Northern Delaware Basin. DELAWARE BASIN ACQUISITION On December 1, 2022, NOG closed its previously announced acquisition of properties from Alpha Energy Partners. The closing settlement was $155.1 million in cash, which includes a $17.5 million deposit paid at signing in September 2022. The closing [...]
Northern Oil and Gas Inc. today announced the completion of its semi-annual borrowing base redetermination under its reserves-based revolving credit facility. The borrowing base under the facility was increased from $1.3 billion to $1.6 billion, and NOG has chosen to increase the elected commitment amount from $850.0 million to $1.0 billion. Wells Fargo Bank, as administrative agent, and the syndicate of 14 lenders [...]