Northern Oil and Gas to acquire the Northern Delaware Basin properties for $130m.

Northern Oil and Gas, an independent energy company engaged in the acquisition, exploration, exploitation, development, and production of crude oil and natural gas properties, agreed to acquire the Northern Delaware Basin properties for $130m. “This transaction lies squarely in NOG’s fairway on a number of levels. The Assets contain high-quality, low breakeven development that is leveraged to some of NOG’s top operating partners, as our investors have come to expect," Adam Dirlam, NOG President.