Northern Oil And Gas (NOG) Issues Q3 Operational Update

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NOG Provides Third Quarter 2024 Operational Update

October 24, 2024 4:30 PM UTC

MINNEAPOLIS--(BUSINESS WIRE)-- Northern Oil and Gas, Inc. (NYSE: NOG) (the Company or NOG) today announced a third quarter 2024 operations update.

THIRD QUARTER HIGHLIGHTS

Production estimated to be 121.6 121.8 MBoe per day Oil volumes estimated to have increased quarter-over-quarter to record levels despite a lower 9.5 net wells turned-in-line (TIL) Strong AFE and spud activity drove growth in D&C list to 52.2 net wells-in-process Repurchased 397,301 shares of common stock for $36.38 per share Provides hedging update Reiterates 2024 annual production guidance and capital expenditure guidance

THIRD... More