NOG reports Q4 production high end of guidance; $40M Midland bolt-on; initial 2025 capex $1.05-1.20B

NORTHERN OIL & GAS, INC.

Q4 production estimated 131-132 MBoe/d, oil volumes up ~11% sequentially despite forest fire and curtailment disruptions.
Signed $40M definitive agreement for 2,275 net acres in Midland Basin; closing expected Q2 2025.
Q4 ground game and leasehold acquisitions totaled $27M across 14 transactions.
Initial 2025 guidance: production 130-135 MBoe/d, oil 75-79 MBbl/d; capital budget $1.05-1.20B.
Net wells TIL estimated 87-91 for 2025; 106-110 net well spuds anticipated.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.