secwatch.observer — SEC 8-K summary
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Issuer:     NORTHERN OIL & GAS, INC. (NOG)
CIK:        0001104485
Form:       8-K
Filed at:   2025-11-10T23:59:59+00:00
Accession:  0001104485-25-000161
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Northern Oil & Gas enters $1.6B revolving credit facility, maturing Nov 2030, borrowing base $1.8B
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- Fourth Amended & Restated Credit Agreement dated Nov 5, 2025; replaces June 2022 facility.
- Initial elected commitment $1.6B; initial borrowing base $1.8B; maturity Nov 5, 2030.
- Maximum aggregate credit amount $3.5B; includes revolving loans, LC, and optional term loans.
- Financial covenants: total net debt/EBITDAX ≤ 3.50x; current ratio ≥ 1.00x.
- Secured by ≥85% of proved reserves value and first-priority lien on substantially all assets.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1104485/000110448525000161/0001104485-25-000161-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1104485/000110448525000161/nog-20251105.htm
  HTML page:      https://secwatch.observer/filing/0001104485-25-000161

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