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Northern Oil and Gas, Inc. Message Board

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  • bluelivermore bluelivermore Feb 23, 2012 12:14 PM Flag

    OAS up $1.50 after earnings and Guidance

    Yep, OAS is mostly in the West Wiliston West of Neisson Anticlin and is an Operator with that blow out quarter. NOG is mostly East of the Neisson Anticline which is a lot more oily. NOG has none of those operator costs like OAS. OAS is good but NOG is just more streamlined. 5% pop would be around 25.50 to 26. You know they are having the landmen putting a value on, and writing reports for a bid on NOG. It would have to be a 20% premium, 29.40 seems like a likely bid without a bidding war.

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