NOG Announces Pricing of Public Offering of Common Stock
Northern Oil and GasNorthern Oil and Gas(US:NOG) Businesswire·2026-03-11 23:57

Core Viewpoint - Northern Oil and Gas, Inc. has announced a public offering of 7,207,208 shares of its common stock, with an option for underwriters to purchase an additional 1,081,081 shares, expected to close on March 13, 2026, subject to customary conditions [1] Group 1: Offering Details - The company intends to use the net proceeds from the offering for general corporate purposes, including repayment of a portion of outstanding borrowings under its revolving credit facility [2] - BofA Securities is acting as the sole book-running manager for the offering, with shares potentially sold through various market transactions [3] - The offering will be conducted via a prospectus supplement and accompanying base prospectus filed with the SEC [4] Group 2: Company Overview - Northern Oil and Gas is a real asset company focused on acquiring and investing in non-operated minority working and mineral interests in premier hydrocarbon-producing basins within the contiguous United States [6]

Northern Oil and Gas-NOG Announces Pricing of Public Offering of Common Stock - Reportify