MINNEAPOLIS–(BUSINESS WIRE)–Northern Oil and Gas, Inc. (NYSE American: NOG) today announced that preliminary production for July and August, 2018 averaged in excess of 25,000 barrels of oil equivalent (“Boe”) per day, substantially ahead of the Company’s prior guidance of 23,000 – 24,000 Boe per day for the third quarter of 2018. This production does not reflect the Company’s pending acquisitions from Pivotal Petroleum Partners and W Energy Partners, both of which are expected to close on schedule.
“Strong well performance continues to exceed our internal expectations,” commented Northern’s Chief Executive Officer, Brandon Elliott. “Our core acreage position and execution on the ground continues to provide some of the best wells we have ever seen in the Williston Basin. Operationally, the Company is firing on all cylinders and has set the stage for a strong production base as we work toward closing our pending acquisitions in the coming weeks.”
ABOUT NORTHERN OIL AND GAS
Northern Oil and Gas, Inc. is 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.
More information about Northern Oil and Gas, Inc. can be found at www.NorthernOil.com.