Friday, December 20, 2024
NOG announces investment in core Midland Basin development project-oil and gas 360

NOG announces investment in core Midland Basin development project

Oil and Gas 360 MINNEAPOLIS–(BUSINESS WIRE)– Northern Oil and Gas, Inc. (NYSE: NOG) (the “Company” or “NOG”) today announced an agreement to acquire properties in the core of the Midland Basin.       HIGHLIGHTS NOG enters into agreement to acquire a 36.7% working interest in a stacked pay, six-zone development project (the “Mascot Project”) in the core of the

What to expect for Q3 energy earnings- oil and gas 360

What to expect for Q3 energy earnings

Oil Price The energy sector has enjoyed bumper profits in the current year, with Big Oil companies setting records right, left and center. ExxonMobil (NYSE: XOM), Chevron (NYSE: CVX) and Shell (NYSE: SHEL) together brought in $46 billion in earnings in the second quarter, with all three setting new records for quarterly earnings. However, the outlook going forward is not quite as rosy. It’s early innings