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Northern Oil and Gas, Inc. reported that Michael Frantz, Vice President, Investments of TRT Holdings, Inc. in Dallas, Texas has been appointed to the company's board of directors.
TRT is a significant holder of both the company's common equity and 8% senior notes. Michael, as a representative of TRT, brings the benefit of a significant stakeholder to Northern's board as well as an institutional knowledge of the oil and gas industry through TRT's ownership of Tana Exploration and other oil and gas activities. In addition, while at TRT, Michael has led or played a material role in public and private investments ranging from $10 million to $1.2 billion across multiple industries including minority stakes as well as merger and acquisition transactions.
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