Northern Oil and Gas Inc. today announced that it is terminating the previously announced consent solicitation related to the Company’s 8.50% Senior Secured Second Lien Notes due 2023 described in the Consent Solicitation Statement, dated as of July 2, 2020. The deadline for holders to deliver consents in the consent solicitation in order to be entitled to receive the consent fee expired at 5:00 p.m., New York City time [...]
EnerCom hosts its 25th annual The Oil & Gas Conference in an innovative digital format Virtual attendance open to registrants globally Attendance fees will be waived for qualifying buyside attendees EnerCom, Inc. is pleased to announce that registration is open for the 25th annual edition of its popular The Oil & Gas Conference® August 17th to the 19th, 2020. This year's event will allow the global energy investment [...]
Northern Oil and Gas Inc. announced today the commencement of a consent solicitation to solicit the consent of holders of its outstanding Senior Secured Second Lien Notes due 2023 for amendments to the indenture governing the Senior Secured Notes . MANAGEMENT COMMENT “We have already significantly reduced our total debt outstanding in 2020,” commented Chad Allen, Northern’s Chief Financial Officer. “Our proposed [...]
Northern Oil and Gas Inc. announced today that it plans to undertake a reverse stock split of Northern’s common stock at a ratio ranging from any whole number between 1-for-6 to 1-for-10, as determined by Northern’s Board of Directors, and a reduction in the number of authorized shares of Northern’s common stock as set forth in the chart below based on the reverse stock split ratio that is selected. Number of Shares Ratio [...]
Northern Oil and Gas Inc. announced today that it has entered into a definitive agreement to acquire approximately 320 acres of core Williston Basin properties operated by WPX Energy. Total consideration at closing will consist of $1.5 million in cash for the acreage, subject to customary adjustments. Closing is expected on July 1, 2020. Since signing, Northern has received 9 gross well proposals to fully develop the unit [...]
Northern Oil and Gas Inc. today announced that management will be participating in the UBS Virtual Global Oil and Gas Conference on Tuesday May 19, 2020. Furthermore, Northern provided details associated with its recent debt reduction activity. UBS Conference Details: Tuesday May 19, 2020 – UBS Virtual Global Oil and Gas Conference: Northern’s CEO, Nick O’Grady, and EVP of Finance, Mike Kelly, will give a presentation [...]
Northern Oil and Gas Inc. today announced the company’s first quarter results and provided 2020 guidance. MANAGEMENT COMMENTS “Many companies are reacting quickly to the COVID-19 pandemic and the unprecedented fall in commodity prices,” commented Nick O’Grady, Northern’s Chief Executive Officer. “Northern is different. Instead of reacting to this calamity, we actually prepared in advance for it. The steps we have taken to [...]
Northern Oil and Gas Inc. announced today that it plans to issue its earnings release with respect to first quarter 2020 financial and operating results on Monday, May 11, 2020, before market opens. Additionally, the Company will host a conference call on Monday, May 11, 2020 at 10:00 a.m. Central Time. Those wishing to listen to the conference call may do so via the Company’s website www.northernoil.com or by phone [...]
Northern Oil and Gas Inc. today announced the company’s fourth quarter and full year 2019 results. MANAGEMENT COMMENTS “2019 was another transformational year in terms of scaling our business and the consummation of our plan driven to reduce interest expense and increase capital flexibility,” commented Nick O’Grady, Northern’s Chief Executive Officer. “We enter into 2020 already [...]
Northern Oil and Gas Inc. announced today that it plans to issue its earnings release with respect to fourth quarter and year-end 2019 financial and operating results on Thursday, March 12, 2020, before market opens. Additionally, the Company will host a conference call on Thursday, March 12, 2020 at 10:00 a.m. Central Time. Those wishing to listen to the conference call may do so via the Company’s website [...]
The EnerCom Dallas schedule is now live and will be updated continuously on the conference site Institutional investors, portfolio managers, financial analysts, CIOs and other capital market professionals who invest in the energy space should register now for the EnerCom Dallas energy investment conference, which is coming to The Tower Club February 11-12 in downtown Dallas. The EnerCom Dallas conference follows EnerCom's [...]
The EnerCom Dallas schedule is now live and will be updated continuously on the conference site Institutional investors, portfolio managers, financial analysts, CIOs and other capital market professionals who invest in the energy space should register now for the EnerCom Dallas energy investment conference, which is coming to The Tower Club February 11-12 in downtown Dallas. The EnerCom Dallas conference follows EnerCom's [...]