secwatch.observer — SEC 8-K summary
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Issuer:     NORTHERN OIL & GAS, INC. (NOG)
CIK:        0001104485
Form:       8-K
Filed at:   2023-01-09T23:59:59+00:00
Accession:  0001104485-23-000019
Event type: m_and_a
Sentiment:  positive
Materiality: 0.75
Item codes: 1.01, 2.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NOG closes upsized $320M Midland Basin Mascot Project acquisition, working interest 39.958%
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- Closed acquisition of non-operated interests in Mascot Project in Midland Basin for $320M cash (incl. $43M deposit).
- Acquisition upsized by 3.25% working interest to 39.958% for an incremental unadjusted price of $29.2M on identical terms.
- Unadjusted purchase price of $359.2M for total 39.958% working interest; funded with cash on hand and credit facility.
- Closure subject to post-closing settlements; additional details previously disclosed in Oct 19, 2022 announcement.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1104485/000110448523000019/0001104485-23-000019-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1104485/000110448523000019/nog-20230105.htm
  HTML page:      https://secwatch.observer/filing/0001104485-23-000019

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer