NOG Announces Strategic Entry into Canada with Light Oil Duvernay Acquisition; Takes 25% Undivided Stake in Assets with Long-Term Joint Development Agreement
Northern Oil and Gas, Inc. (NYSE: NOG) (NOG) today announced that it has agreed to purchase an undivided 25% interest in the Light-Oil Duvernay Assets owned and operated by Parallax Energy Operating Inc. (Parallax or the Seller). MANAGEMENT COMMENTS "Quality oil inventory is becoming increasingly...