Northern Oil and Gas, Inc. Appoints Ernie Easley to Board of Directors
Northern Oil and Gas, Inc. (NYSE American: NOG) today announced that Roy
“Ernie” Easley, Senior Vice President – Exploration and Development of
CH4 Energy, has been appointed to Northern’s board of directors.
“The entire board joins me in welcoming Ernie to Northern’s board of
directors,” commented Northern’s Chairman, Bahram Akradi. “Ernie brings
38 years of extensive oil and gas experience across all aspects of the
oil and gas business and we look forward to his contributions as we
continue our efforts to drive shareholder value.”
Mr. Easley is currently serving as Senior Vice President – Exploration
and Development at CH4 Energy. Previously, Mr. Easley has served in
various roles, including all aspects of exploration & development and
managing multi-disciplinary functions including land, reservoir, and
drilling and completions professionals, at companies including BOPCO,
L.P., Hunt Oil Company, Chieftain International, Tana Oil and Gas
Corporation and Exxon Company, U.S.A. Mr. Easley has also been directly
involved in the acquisition, development and divestiture of several
large exploration projects in the United States. Mr. Easley holds a
Bachelor of Science in Geological Sciences from the University of Texas
at Austin.
ABOUT NORTHERN OIL AND GAS
Northern Oil and Gas, Inc. is an exploration and production company with
a core area of focus in the Williston Basin Bakken and Three Forks play
in North Dakota and Montana. More information about Northern Oil and
Gas, Inc. can be found at www.NorthernOil.com.
SAFE HARBOR
This press release contains forward-looking statements regarding future
events and future results that are subject to the safe harbors created
under the Securities Act of 1933 (the “Securities Act”) and the
Securities Exchange Act of 1934 (the “Exchange Act”). All statements
other than statements of historical facts included in this release
regarding Northern’s financial position, business strategy, plans and
objectives of management for future operations, industry conditions, and
indebtedness covenant compliance are forward-looking statements. When
used in this release, forward-looking statements are generally
accompanied by terms or phrases such as “estimate,” “project,”
“predict,” “believe,” “expect,” “continue,” “anticipate,” “target,”
“could,” “plan,” “intend,” “seek,” “goal,” “will,” “should,” “may” or
other words and similar expressions that convey the uncertainty of
future events or outcomes. Items contemplating or making assumptions
about actual or potential future sales, market size, collaborations, and
trends or operating results also constitute such forward-looking
statements.
Forward-looking statements involve inherent risks and uncertainties, and
important factors (many of which are beyond Northern’s control) that
could cause actual results to differ materially from those set forth in
the forward-looking statements, including the following: changes in
crude oil and natural gas prices, the pace of drilling and completions
activity on Northern’s properties, Northern’s ability to acquire
additional development opportunities, changes in Northern’s reserves
estimates or the value thereof, general economic or industry conditions,
nationally and/or in the communities in which Northern conducts
business, changes in the interest rate environment, legislation or
regulatory requirements, conditions of the securities markets,
Northern’s ability to raise or access capital, changes in accounting
principles, policies or guidelines, financial or political instability,
acts of war or terrorism, and other economic, competitive, governmental,
regulatory and technical factors affecting Northern’s operations,
products, services and prices.
Northern has based these forward-looking statements on its current
expectations and assumptions about future events. While management
considers these expectations and assumptions to be reasonable, they are
inherently subject to significant business, economic, competitive,
regulatory and other risks, contingencies and uncertainties, most of
which are difficult to predict and many of which are beyond Northern’s
control. Northern does not undertake any duty to update or revise any
forward-looking statements, except as may be required by the federal
securities laws.
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