Northern Oil and Gas to acquire 320 acres of Williston Basin properties operated by WPX Energy.
International Resource News-June 11, 2020--Northern Oil and Gas to acquire 320 acres of Williston Basin properties operated by WPX Energy
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International Resource News - 11 June 2020
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Northern Oil and Gas Inc. (NYSE American: NOG), an exploration and production company, has signed a definitive agreement to acquire around 320 acres of core Williston Basin properties operated by WPX Energy.
The deal includes USD1.5m in cash for the acreage, subject to customary adjustments. The deal is likely to be completed on July 1, 2020.
The acquired assets are likely to produce 1,200 barrels of oil equivalent per...
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