Capital ManagementNorthern Oil & Gas continues to be judicious with capital providing more opportunities should oil prices remain pressured in the coming quarters.
Mergers And AcquisitionsNorthern Oil and Gas closed a $98.3 million bolt-on acquisition of royalty and mineral interests, adding approximately 1,000 net royalty acres in Duchesne and Uintah Counties, Utah.
Operational EfficiencyNorthern reaffirmed that although activity levels are likely to remain steady, operational efficiencies, such as longer average laterals and other improving D&C processes, could further boost volumes.