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NOG completed the acquisition of the Delaware Basin non-operated interests of Alpha Energy Partners for $155m.

Synopsis

Northern Oil and Gas, an independent energy company, completed the acquisition of the Delaware Basin non-operated interests of Alpha Energy Partners, an oil and natural gas company, for $155m. “These assets are poised to deliver substantial growth over the coming years, with some of the lowest cost inventory we have acquired, tied to our top operators in the Permian. We remain focused on our mission to allocate capital efficiently, grow our enterprise to bolster long-term returns on capital employed, and increase shareholder returns in kind," Adam Dirlam, NOG President.

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