Northern Oil & Gas launches USD 200 million common stock offering

Reuters03-12
Northern Oil & Gas launches USD 200 million common stock offering

Northern Oil and Gas announced an underwritten public offering of USD 200 million of common stock. The company expects to grant the underwriter a 30-day option to buy up to an additional USD 30 million of common stock. Net proceeds are intended for general corporate purposes, including repayment of a portion of borrowings under its revolving credit facility. BofA Securities is acting as sole book-running manager, and the offering is being made under an effective shelf registration statement on Form S-3 filed with the SEC.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Northern Oil & Gas Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 202603111610BIZWIRE_USPR_____20260311_BW254469) on March 11, 2026, and is solely responsible for the information contained therein.

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