Announced
Completed
Financials
Tags
Private
Acquisition
Minority
Private Equity
Friendly
oil and gas
Integrated Oil and Gas
Single Bidder
Cross Border
United States
Completed
Infrastructure
Synopsis
Northern Oil and Gas, a company with a primary strategy of investing in non-operated minority working and mineral interests in oil & gas properties, and Vital Energy, an oil and gas company, completed the acquisition of the Delaware Basin assets from Forge Energy, an exploration and production company, for $540m. “This transaction crystallizes NOG’s position as a reliable and consistent partner for the purchase and development of high-quality properties. We are excited to work alongside our partners at Vital to develop the Forge Assets with strong alignment and cooperation," Nick O’Grady, NOG CEO.
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