Company Information for Northern Oil and Gas Inc.

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Company Statement

Combining experienced management, low overhead and aggressive acreage acquisition, Northern Oil & Gas, Inc. is one of the nation's fastest growing small-cap gas and oil exploration and production companies.

The product of four generations of successful leasing, exploration and discovery, Northern Oil's core focus is the Middle Bakken resource formation in the Williston Basin of Montana and North Dakota.

The company controls a significant leasehold position in Mountrail County, North Dakota, directly adjacent to EOG Resources' Parshall Field. The Parshall Field is the largest Bakken reservoir found to date. Many experts, including the North Dakota Geological Survey, believe the Middle Bakken resource to be the most important U.S oil discovery outside Alaska in 30 years.

The company's secondary target is conventional, 3D driven, oil and gas exploration and development throughout the Rocky Mountain region.

Northern Oil also controls a large acreage position in Yates County, New York, targeting the Trenton/Black River formation.

Operations and Technology

North Dakota Bakken
Northern Oil currently controls approximately 65,000 net mineral acres in the North Dakota Bakken and Three Forks/Sanish plays. Northern Oil's core strength is acreage acquisition. Northern Oil has the ability to be on the ground early as new plays evolve. Northern has a track record of aggressive acreage acquisition very early on in developing plays, evidenced chiefly by its substantial Mountrail County Bakken position in close proximity to the highly successful EOG Parshall Field.

SHERIDAN STACKED PAY – Red River and Mission Canyon Formations
Sheridan County, Montana

    * 22,000+ Net Acres
    * Two-thirds of this leasehold has 3D seismic representation

Northern Oil's secondary target is conventional, 3D driven, oil and gas exploration and development throughout the Rocky Mountain region. The company controls approximately 25,000 gross / 22,000 net acres in Sheridan County, Montana targeting the Red River and Mission Canyon Formations.

New York Gas
Yates County, New York

    * 10,000 +/- Net Acres

Northern Oil and Gas controls 10,000 net acres in Yates County, New York, targeting oil and gas development in the Trenton/Black River formation. Nearby oil discoveries by Fortuna Energy in the Trenton/Black River have yielded gas production north of 20 mmcf/day.

Geographical Spread

New York, Montana and North Dakota.

Board of Directors and Key Management

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