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-0.0195652173913043 -0.0344202898550724 -0.0108695652173913 -0.000724637681159405 0.0144927536231884 0.0126811594202899 0.0126811594202899 0.00760869565217394
Stock impact report

NOG Announces Proposed Public Offering of Common Stock

Northern Oil and Gas, Inc. (NOG) 
NASDAQ:AMEX Investor Relations: northernoil.com
Company Research Source: Business Wire
MINNEAPOLIS--(BUSINESS WIRE)--Northern Oil and Gas, Inc. (NYSE: NOG) (the “Company” or “NOG”) announced today that it has commenced an underwritten public offering of $200,000,000 of its shares of common stock (the “Offering”). Additionally, the Company intends to grant the underwriter a 30-day option to purchase up to an additional $30,000,000 of shares of common stock from the Company. The Offering is subject to market and other conditions, and there can be no assurance as to whether or when the Offering may be completed, or as to the actual size or terms of the Offering.The Company intends to use the net proceeds from the Offering for general corporate purposes, which will include the repayment of a portion of the outstanding borrowings under its revolving credit facility.BofA Securities is acting as the sole book-running manager for the Offering. BofA Securities may offer the shares of common stock from time to time for sale in one or more transactions on the New York Stock Ex Show less Read more
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