Operator · Bakken Shale & Three Forks
Northern Oil and Gas, Inc.
80 articles mentioning Northern Oil and Gas, Inc. · Page 2 of 4
Northern Oil Narrows 4Q20 Production Guidance; Updates Hedges
Northern Oil and Gas, Inc. announced a business and operations update. Highlights: Reaffirms mid-point of 4Q20 production guidance and narrows range to 34,000-36,000 Boepd Reiterates 2021 $40+ WTI base case outlook $178 million of debt reduction...
Northern Oil & Gas Third Quarter 2020 Results; Talks 2021 Plan
Northern Oil and Gas, Inc. announced the company’s third quarter results. 2021 Estimated Guidance Northern reiterates its 2020 total capital spending and production guidance. Northern continues to closely monitor oil pricing with its operating partners to...
Northern Oil Completes Reverse Stock Split; Ups 3Q Production Outlook, Cuts Debt
Northern Oil and Gas, Inc. has completed its reverse stock split as well as updated its outlook. First announced on June 24, 2020, Northern completed its 1-for-10 reverse split of its common stock. This process has...
Northern Oil & Gas Second Quarter 2020 Results
Northern Oil and Gas, Inc. reported its Q2 2020 results. Highlights: Total debt reduced by $52.2 million in the second quarter, resulting in over $3 million in interest savings per annum Strong risk management drove realized...
Northern Oil & Gas IDs Plan for Reverse-Stock Split
Northern Oil and Gas, Inc. plans to undertake a reverse stock split of Northern's common stock at a ratio ranging from any whole number between 1-for-6 to 1-for-10. The company also plans a reduction in the...
Hedge Fund Buys $33MM Debt Load from Bakken-Focused E&P
A private hedge fund has bought up a chunk of Northern Oil & Gas' debt, according to a report by Reuters. Angelo, Gordon & Co. purchased $33 million worth of the company's debt as it looks...
Northern Oil First Quarter 2020 Results
Northern Oil & Gas reported its Q1 2020 results. Highlights: First quarter production increased 28% over the prior year, averaging 43,735 barrels of oil equivalent ("Boe") per day Cash flow from operations, excluding $7.1 million from...
Northern Oil Defers 2020 Guidance Until Q1 Call; Reports 2019 Results
Northern Oil and Gas, Inc. announced the company's fourth quarter and full year 2019 results. Nick O'Grady, Northern's Chief Executive Officer, said: "2019 was another transformational year in terms of scaling our business and the consummation...
Northern Oil CEO Steps Down, President Takes Helm; Other Execs Shuffled
Northern Oil and Gas, Inc. CEO Brandon Elliott is stepping down from his post at the end of the year. He will be succeeded by Nicholas O'Grady, Northern's current President and CFO, effective January 1, 2020....
Northern Oil & Gas Talks Q3 2019 Results
Northern Oil and Gas, Inc. announced the company's third quarter results. Third quarter 2019 production totaled 3.8 million Boe and averaged 40,786 Boe per day, a 53% increase from the prior year and a 17% increase...
Northern Oil CFO Takes Over President Role
Northern Oil and Gas, Inc. announced the appointment of Nicholas O'Grady as President, in addition to his current role as Northern's Chief Financial Officer. Bahram Akradi, Chairman of the Board, said: "Since joining Northern in June...
Michael Reger to Leave Northern Oil & Gas
Michael Reger, Northern Oil & Gas's Founder, President and Chairman Emeritus, is departing the company to pursue opportunities outside the Williston Basin. Northern Oil & Gas is a non-op bakken company. Reger commented: "It has been...
Northern Oil Reports Q2 2019 Results, Production
Northern Oil and Gas, Inc. reported its 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....
Northern Oil IDs 2019 Capex; Spending Flat; Production Up +37%
Northern Oil has reported its 2019 operating plans. The company is keeping drilling and D&C spending relatively flat (a slight decline at the midpoint, but will be flat if the higher end is hit). *Based on...
Northern Oil's 3Q Output Tracking 'Substantially' Above Guidance
Northern Oil and Gas announced that preliminary production for July and August, 2018 averaged in excess of 25,000 BOEPD, substantially ahead of the Company's prior guidance of 23,000 - 24,000 Boe per day for the third...
Northern Oil Raises Capex, Guidance Again for 2018; Details Latest Bakken IP30s
Northern Oil and Gas reported its Q2 2018 results. Increases Capex, Guidance Again for 2018 This is the second time Northern Oil has raised its spending/guidance for 2018 - the company raised both in Q1 as...
Northern Oil Shuffles Executive Management
Northern Oil and Gas is realigning executive job responsibilities in an effort to optimize management and capitalize on growth opportunities. Mike Reger, Northern's founder and current CEO, will assume the title of President, effective July 5,...
Northern Oil Adds New Director to Board
Northern Oil has appointed Roy "Ernie" Easley, Senior Vice President - Exploration and Development of CH4 Energy, to its board of directors. About Easley: Mr. Easley is currently serving as Senior Vice President - Exploration and...
Northern Oil Ups Guidance, Capex for 2018; Adds More Wells to Agenda
Williston Basin / North Dakota Bakken Shale / Three Forks focused company Northern Oil and Gas has reported its Q1 2018 results as well as an updated budget / guidance for the year.
Northern Oil Revamps Executive Team; Reger Returns as CEO
[Summary: Northern Oil detailed several new management changes, including the re-hiring of Michael Reger as CEO as well as tapping Nicholas O'Grady as CFO. Other changes include: Brandon Elliott, President and Chief Operating Officer Erik Romslo,...