Northern Oil and Gas, Inc. (NYSE American: NOG) announced that it is realigning executive job responsibilities to optimize the daily management of the company and better position the company for future growth.
Mike Reger, Northern’s founder and current CEO, will now act as President, effective July 5, 2018, and will focus his extensive knowledge of the Williston Basin on acquisition opportunities.
Brandon Elliott, current President, will now act as CEO, effective July 5, 2018, and will be responsible for the day-to-day operations of the company and investor relations with Northern’s CFO, Nick O’Grady.
“Since returning to Northern, Brandon and I have continued our longstanding conversation about how to best position the company for success,” commented Mike Reger. “As a significant shareholder, I want my focus to be where I can add the most value to Northern and its shareholders, which is to allocate 100% of my time to growing acreage and production through accretive acquisitions. Brandon will focus on day-to-day operations and investor relations – two areas in which he excels. The Board and I have agreed to this re-alignment of responsibilities and title swap, and we are unanimous in our belief that it will further drive our growth strategy and enhance shareholder value.”
The Oil and Gas Conference®
Northern Oil and Gas is presenting at EnerCom’s The Oil & Gas Conference® at the Denver Downtown Westin Hotel, Denver, Colo. Aug. 19-23, 2018. EnerCom expects to have more than 80 presenting oil and gas companies and more than 2000 financial professionals attending this year’s conference.
To learn more about the conference and presenter schedule please visit the conference website here.
