Northern Oil and Gas Inc.

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17.05
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Northern Oil And Gas, Inc. Announces Core Permian Basin Bolt-On Acquisitions

Published: 06/16/2021 21:25 GMT
Northern Oil and Gas Inc. (NOG) - Northern Oil and Gas, Inc. Announces Core Permian Basin Bolt-on Acquisitions.
Northern Oil and Gas Inc - $102.2 Million of Bolt-on Acquisitions in Delaware Basin.
Northern Oil and Gas Inc - Management Intends to Submit a Request for a 50% Increase to Quarterly Dividend.
Northern Oil and Gas Inc - 3,700 Boe per Day (two-stream) Expected in Second Half of 2021.
Northern Oil and Gas - Pending Deal Expected to Be Funded Through Common Equity Offering And, to Extent Necessary, Cash on Hand And/or Borrowings.
Northern Oil and Gas Inc - Expect to Generate Over $100 Million in Free Cash Flow From Assets Through 2025.
Northern Oil and Gas Inc - Deals Are Immediately Accretive to Our Enterprise and All Relevant per Share Statistics.
Northern Oil and Gas Inc - Sees FY Total Capital Expenditures $215 Million - $270 Million.
Northern Oil and Gas Inc - Excluding Deals, Preliminary April and May 2021 Average Oil Production Estimated to Exceed 31,750 Bbl per Day.