Looks to me like shares bought at $15 are being sold back for a quick profit. It should be over in a week or less. They will keep some and sell some. That is the price of raising the $80 million. We are looking good going forward.
On 3 May, 2010 Platts starts reporting the price of Bakken/TFS oil on the exchange - this, combined with the recent 1.9 Bln, of recoverable oil in the TFS official confirmation and yet + the "Energy & Capital" newsletter promotion of AEZ, NOG, BEXP, ERF and most probably, KOG, should push the NOG pps up after its secondary offering. Good news to come very soon: