---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-148390"
form_type: "8-K"
ticker: "NOG"
cik: "0001104485"
company_name: "NORTHERN OIL & GAS, INC."
filed_at: "2023-05-19T23:59:59+00:00"
generated_at: "2026-06-14T19:20:55.989601+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# NOG issues $500M of 8.750% Senior Notes due 2031

## Summary
- Issued $500M aggregate principal of 8.750% Senior Notes maturing June 15, 2031.
- Interest payable semi-annually at 8.750% per annum, first payment Dec 15, 2023.
- Before June 2026, may redeem up to 35% with equity offering proceeds at 108.75% of par.
- After June 2026, redemption prices step down: 104.375% (2026), 102.188% (2027), 100% thereafter.
- Change of control triggers repurchase at 101% of principal plus accrued interest.

## SEC filing metadata
- accession: 0001193125-23-148390
- form_type: 8-K
- ticker: NOG
- cik: 0001104485
- company_name: NORTHERN OIL & GAS, INC.
- filed_at: 2023-05-19T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1104485/000119312523148390/0001193125-23-148390-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1104485/000119312523148390/d408378d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-148390
- JSON: https://secwatch.observer/filing/0001193125-23-148390.json
- Plain text: https://secwatch.observer/filing/0001193125-23-148390.txt

## Key facts
- Debt Financings
  NORTHERN OIL & GAS, INC. incurred senior notes of $500,000,000 with Wilmington Trust, National Association at 8.750% per annum maturing June 15, 2031.
  - Instrument: senior notes
  - Principal: $500,000,000
  - Counterparty: Wilmington Trust, National Association
  - Rate: 8.750% per annum
  - Maturity: June 15, 2031
  - Event: incurrence
  source text: On May 15, 2023, Northern Oil and Gas, Inc., a Delaware corporation (the “Company”) and Wilmington Trust, National Association, as trustee, entered into an indenture (the “Indenture”), pursuant to which the Company issued $500,000,000 in aggregate principal amount of the Company’s 8.750% Senior Notes due 2031 (the “2031 Notes”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1104485/000119312523148390/0001193125-23-148390-index.htm
- Material Agreements
  NORTHERN OIL & GAS, INC. entered into Indenture with Wilmington Trust, National Association, as trustee valued at $500,000,000 in aggregate principal amount (effective 2023-05-15).
  - Action: entry
  - Agreement: notes offering
  - Counterparty: Wilmington Trust, National Association, as trustee
  - Value: $500,000,000 in aggregate principal amount
  - Effective: 2023-05-15
  source text: On May 15, 2023, Northern Oil and Gas, Inc., a Delaware corporation (the “Company”) and Wilmington Trust, National Association, as trustee, entered into an indenture (the “Indenture”), pursuant to which the Company issued $500,000,000 in aggregate principal amount of the Company’s 8.750% Senior Notes due 2031 (the “2031 Notes”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1104485/000119312523148390/0001193125-23-148390-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.