Northern Oil and Gas, Inc. (NYSE: NOG) and Vital Energy, Inc. (NYSE: VTLE) have unveiled a joint acquisition of Point Energy Partners, LLC’s assets for $1.1 billion. This deal marks a significant expansion in both companies’ operational scope within the Delaware Basin, promising to enhance their portfolio with high-value development inventory. Major acquisition amplifies Delaware […]
Northern Oil and Gas, Inc. (NYSE: NOG) has announced a definitive agreement to acquire non-operated interests in approximately 3,000 net acres in the Northern Delaware Basin, primarily in Lea and Eddy Counties, New Mexico. The company currently owns interests in about 90% of the leasehold, with current production averaging around 2,800 barrels of oil equivalent […]
Northern Oil and Gas (NOG), a US-based energy company, has signed an agreement with Alpha Energy Partners to acquire its non-operated interests in the Delaware Basin for $157.5 million in cash. Located in Lea and Eddy counties, New Mexico and Loving County, Texas, the assets consist of approximately 2,800 acres, 9.6 net producing wells, 2.8 […]