Northern Oil and Gas Releases Q1 Earnings and Full 2018 Guidance, Analyst Review and Target
NEW YORK, NY / ACCESSWIRE / May 7, 2018 / Traders News Source, a leading independent equity research and corporate access firm focused on small and mid-cap public companies is issuing a comprehensive report with no obligation on Northern Oil and Gas, Inc. (NYSE American: NOG), an exploration and production company with a core area of focus in the Williston Basin Bakken, and Three Forks play in North Dakota and Montana.
On May 7th, the company announced 2018 first quarter results and upwardly revised the company’s full-year 2018 production guidance.
Get the details of the new Q1 financial results, an analyst review and price target READ MORE
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Recently the company announced that it has entered into a definitive agreement to acquire producing assets and acreage in the core of the Williston Basin in North Dakota for total consideration of $40 million in cash and 6 million shares of Northern common stock.
As per management, this acquisition solidifies its position as the natural consolidator of non-operating working interests in the Williston Basin. It brings with it future drilling locations and current production, without additional general and administrative costs, demonstrating the scalability of its business model.
Look at NOG 2017 highlights and 2018 company guidance in this report READ MORE
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