Operational Updates
Northern Oil Drills On at Bakken Prospects; Acquires Acreage
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Northern Oil and Gas Inc. has reported its 2012 third quarter results of operations.
2012 Third Quarter Highlights
• Quarterly production of 1,037,972 barrels of oil equivalent (Boe), or 11,282 average Boe per day
• 96% year-over-year production growth compared to 2011 third quarter
• Oil and Gas Sales including the impact of settled derivatives of $82.4 million, representing a 97% yearover-year increase compared to 2011 third quarter
• 10.9 net wells completed and placed into production during 2012 third quarter, resulting in 98.5 total net producing wells as of September 30, 2012
Michael Reger, CEO, commented: "We continue to be very pleased with our results. Our record quarterly production reflects our high quality asset base, the quality of our operating partners, and exceptional…
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