secwatch.observer — SEC 8-K summary
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Issuer:     NORTHERN OIL & GAS, INC. (NOG)
CIK:        0001104485
Form:       8-K
Filed at:   2024-10-02T23:59:59+00:00
Accession:  0001104485-24-000185
Event type: m_and_a
Sentiment:  positive
Materiality: 0.80
Item codes: 2.01, 1.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NOG closes $511.2M Uinta Basin acquisition; adds ~15,800 net acres
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- NOG acquired 20% undivided interest in Uinta Basin assets from XCL Resources for $511.2M cash.
- Acquisition includes ~15,800 net acres and ~116 net undeveloped locations with over a decade of Tier 1 inventory.
- SM Energy is operator of substantially all assets under joint development agreements.
- Closing includes previously announced Altamont Energy assets; funded in part by $25.5M deposit.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1104485/000110448524000185/0001104485-24-000185-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1104485/000110448524000185/nog-20241001.htm
  HTML page:      https://secwatch.observer/filing/0001104485-24-000185

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