Northern Oil And Gas (NOG) Reports Prelim. Q4 Results

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Go back to Northern Oil And Gas (NOG) Reports Prelim. Q4 Results

Northern Oil and Gas, Inc. Announces Preliminary Fourth Quarter 2017 Results

February 1, 2018 6:31 AM EST

MINNEAPOLIS, Feb. 1, 2018 /PRNewswire/ -- Northern Oil and Gas, Inc. (NYSE American: NOG) today announced selected preliminary and unaudited fourth quarter 2017 results.

FOURTH QUARTER HIGHLIGHTS

Daily production in the fourth quarter exceeded prior guidance, increasing 9.3% sequentially and 22.3% year over year to average 16,742 barrels of oil equivalent ("Boe") per day, for a total of 1,540,237 Boe Northern beat its prior expense guidance with lower production expenses, production taxes, and general and administrative expenses on a per Boe basis Fourth quarter oil differential was $3.51 per barrel,... More