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0 0 -0.00198171846435106 0 -0.00182815356489948 -0.012201096892139 -0.000365630712979947 -0.00146252285191953
Stock impact report

NOG Closes Joint Ohio Utica Acquisition, Announces Upsized Credit Facility

Northern Oil and Gas, Inc. (NOG) 
NASDAQ:AMEX Investor Relations: northernoil.com
Company Research Source: Business Wire
HIGHLIGHTSNOG closed previously announced joint acquisition of midstream and upstream interests in the Ohio Utica Shale Assets (the “Assets”) with Infinity Natural Resources (“INR”)Revolving Credit Facility’s Borrowing Base increased to ~$2.0 billion, Elected Commitment increased to $1.8 billion, adding $200 million of additional liquidity MINNEAPOLIS--(BUSINESS WIRE)--Northern Oil and Gas, Inc. (NYSE: NOG) (the “Company” or “NOG”) today announced the closing of its acquisition of non-operated properties in the core of the Ohio Utica Shale, and a revised, upsized reserves-based lending facility.UTICA SHALE ACQUISITIONOn February 23, 2026, NOG closed on its previously announced joint acquisition of interests in the Ohio Utica Shale Upstream and Midstream Assets from Antero Resources Corporation and Antero Midstream Corporation (“Antero”). As previously announced, NOG acquired a 40% stake with INR increasing its stake in the joint acquisition to 60%.The closing payment by NOG was $46 Show less Read more
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