April 26, 2018 / 11:22 AM / 25 days ago

BRIEF-Northern Oil And Gas Announces Accretive Acquisition In The Core Of The Williston Basin

April 26 (Reuters) - Northern Oil and Gas Inc:

* NORTHERN OIL AND GAS, INC. ANNOUNCES ACCRETIVE ACQUISITION IN THE CORE OF THE WILLISTON BASIN

* NORTHERN OIL AND GAS INC - DEAL FOR $40 MILLION IN CASH

* NORTHERN OIL AND GAS INC - DEAL ALSO INCLUDES 6 MILLION SHARES OF NORTHERN COMMON STOCK

* NORTHERN OIL AND GAS - EXPECTS ACQUIRED PROPERTIES TO GENERATE ABOUT $19 MILLION OF CASH FLOW FROM OPERATIONS IN 2018

* NORTHERN OIL AND GAS - POTENTIAL FOR ADDITIONAL CASH CONSIDERATION PAID AT END OF 6-MONTH LOCKUP PERIOD IF CO’S STOCK TRADING BELOW $2/SHARE Source text for Eikon: Further company coverage:

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below