NOG Closes on Deal for Ascent-Operated Utica Wells & Acreage
Last November, Northern Oil and Gas, Inc. (NOG), a company that invests in non-operated oil and gas assets (they let others do the drilling), announced a deal to enter the Utica Shale (see NOG Invests in Utica Wells, Acreage Operated by Ascent Resources). The deal includes non-operated interests in Ohio’s Jefferson, Harrison, Belmont, and Monroe counties. Yesterday, NOG said it closed on the deal and now owns those assets.
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