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Northern Oil & Gas (NOG -5.1%) expects Q3 production to increase ~96% Y/Y and ~9% Q/Q,...

Northern Oil & Gas (NOG -5.1%) expects Q3 production to increase ~96% Y/Y and ~9% Q/Q, resulting in an average of ~11,200 boe/day. During the first two months of the quarter, the weighted average days on production was 55 out of a possible 62 producing days, or ~89% of potential producing days.
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Comments (6)
  • TruffelPig
    , contributor
    Comments (4078) | Send Message
     
    Good news - stock down.......I have a pretty big position. The kicked out president is probably liquidating his position........
    18 Oct 2012, 12:03 PM Reply Like
  • williston willie
    , contributor
    Comments (58) | Send Message
     
    The CEO was at the Cannacord conference today, accessible on the Internet, talking about the possibility of selling the Company to monetize the asset. Based on other sales, seems like price would be MUCH higher than current stock price.
    18 Oct 2012, 12:55 PM Reply Like
  • ComputerBlue
    , contributor
    Comments (974) | Send Message
     
    I'm buying.
    18 Oct 2012, 01:00 PM Reply Like
  • tlingeman
    , contributor
    Comments (18) | Send Message
     
    Growth continues, their model makes sense...why the 5% drop?
    18 Oct 2012, 01:42 PM Reply Like
  • TruffelPig
    , contributor
    Comments (4078) | Send Message
     
    Finally, the world has noticed the NONSENSE of this drop because the release was POSITIVE: http://bit.ly/R3AeoW

     

    Buy the Dip! I did!
    18 Oct 2012, 02:07 PM Reply Like
  • buckx
    , contributor
    Comments (102) | Send Message
     
    THIS IS ONE OF THE BEST SHORT TERM BUYS FOR THE NEXT 3-4 WEEKS ON THE DROP.
    18 Oct 2012, 07:46 PM Reply Like
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