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One-Page Deal Sheet

Northern Oil & Gas Plans to Acquire Bakken Leases for $9.3 Million

Northern Oil and Gas, Inc. Woodstone Resources Llc
AnnouncedFeb 20, 2008
TypeProperty
LocationBakken Shale & Three Forks
Announced Date
February 20,2008
Transaction Type
Property
Enterprise Value (EV)($MM)
9




Snapshot
Asset/Basin:
{"Williston Basin"}
TargetZones:
{"Bakken Shale"}
Net Acres
Location
Region
Williston Basin

Country
United States

State
North Dakota

Play



Calculated Metrics( EV/Category)
$/ Acre

Transaction Details:  Subscribe to see

Northern Oil and Gas Inc., Wayzata, Minn., plans to acquire oil and gas leases in the Bakken shale of North Dakota from Houston-based Woodstone Resources LLC for $9.3 million.

The assets include 42,277 gross acres (23,210 net) in Dunn County. This increases Northern’s holdings in the Bakken trend to 60,000 net acres.

Northern chief executive Michael Reger says, “After beginning in Mountrail County, North Dakota, leading exploration companies continue to have significant Bakken exploration success to both the north and south. Exploration success in Dunn County is plentiful and Northern's newly…



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Price History



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Nov-03-2025 Viper Energy Divests Non-Permian Mineral & Royalty Portfolio to Warwick Capital and GRP Energy for $617MM - -
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