One-Page Deal Sheet
Northern Oil Inks Cash / Stock Deal for Non-Op Bakken Package
Northern Oil and Gas, Inc. Not Disclosed
Announced Date
August 03,2020
Transaction Type
Working Interest
Enterprise Value (EV)($MM)
6
Asset/Basin:
["Williston Basin"]
TargetZones:
["Bakken"]
Net Acres
Net Operated Locations:
Location
Calculated Metrics( EV/Category)
Region
Williston Basin
Country
United States
State
North Dakota
County
McKenzie ,Mountrail ,Dunn
Play
Calculated Metrics( EV/Category)
$/ Acre
$/Location
Transaction Details: Subscribe to see
Northern Oil and Gas, Inc. has signed a deal to acquire producing properties, wells in process and acreage in the core of the Williston Basin from multiple undisclosed sellers.
The purchase price is ~$5.80 million, comprised of $3.2 million in cash and 2.95 million shares of stock (worth ~$2.6 million at a current stock price of $0.88 cents/share).
Deal Details: Non-op interests in 400 net acres, including 0.7 net producing wells, 1.9 net wells in process and 1.0 net undrilled locations. The bulk of the wells in process are expected to come online in the summer of 2021. These assets are…| Announced Date | Buyer | Seller | Deal Value($mm) | Location | Category |
|---|---|---|---|---|---|
| May-13-2025 |
-  |
- |
Click here | Montana | E&P |
| Jan-31-2024 |
- |
- |
Click here | North Dakota | E&P |
| Aug-24-2023 |
- |
- |
Click here | North Dakota | E&P |
| Sep-06-2022 |
- |
- |
Click here | E&P | |
| Jul-11-2022 |
- |
- |
Click here | Texas | E&P |
| Date | Deal Headline | Price | $/acre |
|---|---|---|---|
| Nov-03-2025 | Viper Energy Divests Non-Permian Mineral & Royalty Portfolio to Warwick Capital and GRP Energy for $617MM | - |
- |
| Jul-08-2024 | Devon To Acquired PE-Backed Grayson Mill For $5 Billion | - |
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| Feb-21-2024 | Chord Energy and Enerplus to Combine in $11 Billion Transaction Creating Premier Williston-Focused E&P Company | - |
- |