| Market Capitalization (Millions $) |
2,798 |
| Shares
Outstanding (Millions) |
108 |
| Employees |
64 |
| Revenues (TTM) (Millions $) |
1,917 |
| Net Income (TTM) (Millions $) |
-486 |
| Cash Flow (TTM) (Millions $) |
11 |
| Capital Exp. (TTM) (Millions $) |
1,675 |
Business Description
We are an independent energy company engaged in the acquisition, exploration,
development and production of oil and natural gas properties, primarily in the
Bakken and Three Forks formations within the Williston Basin in North Dakota and
Montana. We believe the location, size and concentration of our acreage position
in one of North America’s leading unconventional oil-resource plays will
provide drilling and development opportunities that result in significant long-term
value. Our primary focus is oil exploration and production through non-operated
working interests in wells drilled and completed in spacing units that include
our acreage. As a non-operator, we are able to diversify our investment exposure
by participating in a large number of gross wells, as well as entering into more
project areas by partnering with numerous experienced operating partners. In addition,
because we can elect to participate on a well-by-well basis, we believe we have
increased flexibility in the timing and amount of our capital expenditures because
we are not burdened with various contractual development agreements or a large
operating support staff. Further, we are able to avoid exploratory costs incurred
by many oil and gas producers.
Company Address: 4350 Baker Road Zagreb 55343 City of Zagreb
Company Phone Number: 476-9800 Stock Exchange / Ticker: NYSE NOG
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3.04% 
162.45 %