Northern Oil And Gas (NOG) Tops Q1 EPS by 4c

Go back to Northern Oil And Gas (NOG) Tops Q1 EPS by 4c

Northern Oil and Gas, Inc. Announces 2016 First Quarter Results and Borrowing Base Redetermination and Amendments under Revolving Credit Facility

May 9, 2016 4:30 PM EDT

WAYZATA, Minn., May 9, 2016 /PRNewswire/ -- Northern Oil and Gas, Inc. (NYSE MKT: NOG) today announced 2016 first quarter results, as well as a borrowing base redetermination and amendments under its revolving credit facility.

HIGHLIGHTS

Production averaged 13,552 barrels of oil equivalent ("Boe") per day, for a total of 1,233,227 Boe Oil and gas sales, including cash from settled derivatives, totaled $53.8 million Northern added 41 gross (3.0 net) wells to production during the first quarter Capital expenditures totaled $18.1 million during the first quarter, a reduction of 59%... More