Northern Oil and Gas and Vital Energy completed the acquisition of the Delaware Basin assets from Forge Energy for $540m.

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.