Yesterday, Northern Oil and Gas, Inc. (NOG) announced it had entered a Joint Development Program with an unnamed Marcellus/Utica driller to invest $160 million in 2025 for new well drilling. In return, NOG will receive a 15% working interest (i.e., ownership) in the assets. NOG did not identify the driller but called it “one of…
The post Northern Oil and Gas Investing $160M in Marcellus/Utica in 2025 first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.