Sunday, June 15, 2025

Northern Oil and Gas: Enhanced Completions Generate 13 MBOEPD

Northern anticipates more production growth in 2H 2017 Northern Oil and Gas, Inc. (ticker: NOG) reported total production of 1.2 million BOE for the first quarter, averaging 13,299 BOEPD. Northern’s business model is as a non-operator franchise in the  Bakken and Three Forks plays in the Williston Basin of North Dakota and Montana.  Northern operates under a capital allocation model that calls

PDC Targets 42% Production Growth in 2017

$750 Million CapEx split between Wattenberg and Delaware Wattenberg producer PDC Energy (ticker: PDCE) reported first quarter results on May 5, showing net income of $46.1 million, or $0.70 per diluted share. This significantly outperforms the $71.5 million net loss in Q1 2016 or the $55.6 million loss in Q4 2016. Average sale price up 73% First quarter production was