Dec. 9 at 12:43 PM
$NOG makes a bold move with an acquisition valued at
$588M (net to NOG) for a 49% stake in Ohio Utica Shale! 🚀
This strategic acquisition expands NOG's footprint in a prime natural gas region, with assets expected to produce 65 MMcfe/day by 2026 and generate
$100M in cash flow. A partnership with Infinity boosts their development strategy.
Discover the full impact on NOG's growth strategy here 👉 https://www.zacks.com/stock/news/2801415/northern-to-acquire-49-stake-in-ohio-utica-shale-assets?cid=sm-stocktwits-2-2801415-body-23928&ADID=SYND_STOCKTWITS_TWEET_2_2801415_BODY_23928