Northern Oil and Gas, Inc. Announces Execution of Share Repurchase
WAYZATA, Minn., March 24, 2014 /PRNewswire/ -- Northern Oil and Gas, Inc. (NYSE MKT: NOG) ("Northern") today announced that the company has executed on the repurchase of approximately 5% of its outstanding stock since beginning repurchases in August 2013 under its stock repurchase program. As of March 21, 2014, a total of 3,055,280 shares have been repurchased at a total cost of $39.8 million, or an average cost of $13.04 per share.
ABOUT NORTHERN OIL AND GAS
Northern Oil and Gas, Inc. is an exploration and production company with a core area of focus in the Williston Basin Bakken and Three Forks play in North Dakota and Montana.
More information about Northern Oil and Gas, Inc. can be found at www.NorthernOil.com.
INVESTOR RELATIONS CONTACT:
EVP, Corporate Development and Strategy
VP, Business Development
SOURCE Northern Oil and Gas, Inc.