Northern Oil and Gas(NOG) - 2023 Q2 - Earnings Call Transcript

Our wells in process continue to build as we added 8.7 net wells quarter-over-quarter, which excludes the pending Novo transaction. As we look to close Novo in the middle of August, we expect to add an additional 6.1 net wells to our in-process list. The activity across our scaled position in the Permian has been accelerating, where 50% of NOG's activity now comes from, up from just 18% of our oil-weighted activity at the beginning of the year. This has driven our in-process list to all-time highs with an a ...