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Pivotal Petroleum Partners

Company Summary

Operational Regions

  • Haynesville-Bossier Shale

Related Entities

Recent news

  • 10/19/2018 - Northern Oil & Gas... (subscriber access)
  • 10/19/2018 - Northern Oil & Gas... (subscriber access)
  • 9/18/2018 - Northern Oil & Gas... (subscriber access)
  • 9/12/2018 - Northern Oil And Gas,... (subscriber access)
  • 8/13/2018 - Northern Oil & Gas... (subscriber access)

Company Transactions

Date: 9/18/2018
Type: Acquisition

DETAILS:

COST: 151.4 $MM

VOLUMES: 4.1 MBOE/d

NOTES:
The asset package is being bought for $68.4 million in cash and 25.75 million shares of common stock. Northern Oil & Gas expects the assets to generate $56 million in cash flow over the next 12-months, and they have entered into hedging agreements on the new volumes.
REGIONS:
  • Williston Basin