Northern Oil and Gas, Inc. (NOG) Issues Operational Update
Northern Oil and Gas, Inc. issued an update on its oil and gas activities in the United States where the company is active in the Williston Basin in North Dakota. The company also issued its year end proved reserves report. Northern Oil and Gas has approximately 147,000 net acres under lease in the Williston basin and has been developing the Bakken and Three Forks formation on its properties. The company has interests in a total of 332 wells that produce from these two formations. Northern Oil and Gas plans to start drilling 10.6 net wells in the Williston Basin during…