Brief: Northern Oil And Gas Buys 49% Ownership In Utica Assets For $588 Million

Northern Oil and Gas

08/12/2025 12:36

Dec 8 (Reuters) - Northern Oil and Gas Inc NOG.N:

NOG ANNOUNCES $1.2 BILLION JOINT ACQUISITION WITH INFINITY NATURAL RESOURCES: ACQUIRING PREMIER UTICA UPSTREAM ASSETS WITH FULLY INTEGRATED, SCALED MIDSTREAM ASSETS; CONSIDERABLY ENHANCES AND EXPANDS NOG NATURAL GAS PROFILE

NORTHERN OIL AND GAS INC - BUYS 49% OWNERSHIP IN UTICA ASSETS FOR $588 MILLION

NORTHERN OIL AND GAS INC - ESTIMATES 2026 PRODUCTION OF ABOUT 65 MMCFE/DAY WITH 30%+ CAGR

NORTHERN OIL AND GAS INC - ASSETS EXPECTED TO PRODUCE $100 MILLION CASH FLOW IN 2026

NORTHERN OIL AND GAS INC - MIDSTREAM FREE CASH FLOW EXPECTED TO GROW 140% BY DECADE END

NORTHERN OIL AND GAS INC - PLACING A $58.8 MILLION DEPOSIT IN ESCROW

NORTHERN OIL AND GAS - TO FUND DEAL WITH CASH FLOW FROM OPERATIONS, CASH ON HAND & BORROWINGS

Source text: ID:nBw20b7Pja

Further company coverage: NOG.N

 ((Reuters.Briefs@thomsonreuters.com;))