---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-310561"
form_type: "8-K"
ticker: "NOG"
cik: "0001104485"
company_name: "NORTHERN OIL & GAS, INC."
filed_at: "2025-12-08T23:59:59+00:00"
generated_at: "2026-05-16T13:55:18.751422+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.95
confidence: "high"
source: SEC EDGAR
---

# NOG partners with Infinity to acquire Antero Utica assets for $1.2B; NOG share $588M

## Summary
- NOG acquires 49% undivided interest in upstream ($392M) and midstream ($196M) Ohio Utica assets from Antero for total $588M cash.
- Upstream includes ~35,000 net acres, expected 2026 production ~65 MMcfe/day (92% gas) with <15% decline and 30%+ CAGR through end of decade.
- Midstream comprises 140+ miles gathering pipelines, compression, 90 miles water systems; expected to contribute 19% of ~$100M 2026 cash flow net to NOG.
- Closing expected by end of Q1 2026; effective date July 1, 2025; NOG placed $58.8M escrow deposit.
- Average annual capital expected ~$100M with one rig program; midstream cash flows expected to grow 140% through end of decade.

## SEC filing metadata
- accession: 0001193125-25-310561
- form_type: 8-K
- ticker: NOG
- cik: 0001104485
- company_name: NORTHERN OIL & GAS, INC.
- filed_at: 2025-12-08T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.95
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1104485/000119312525310561/0001193125-25-310561-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1104485/000119312525310561/d761259d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-310561
- JSON: https://secwatch.observer/filing/0001193125-25-310561.json
- Plain text: https://secwatch.observer/filing/0001193125-25-310561.txt

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