Northern Oil And Gas Inc 's

The oil and natural gas industry is highly competitive, with many exploration and production companies, including larger or integrated firms that often have greater resources and capacity to pay for prospects and properties. Larger competitors may also better manage regulatory requirements, which can impact the competitive position of smaller companies. The ability to add reserves and acquire properties relies on evaluating and selecting suitable assets and completing transactions within this competitive environment. Access to oil pipeline transportation services is generally provided on a non-discriminatory basis to similarly situated competitors.