NOG Announces Pricing of an Upsized Private Offering of Senior Notes

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May 08, 2023

Northern Oil and Gas, Inc. (NYSE: NOG) (the “Company” or “NOG”) today announced that it has priced an upsized private placement (the “Offering”) under Rule 144A and Regulation S of the Securities Act of 1933, as amended (the “Securities Act”), to eligible purchasers, of $500.0 million in aggregate principal amount of new 8.750% senior notes due 2031 (the “New Notes”) at an offering price equal to 98.568% of par. The Offering is expected to close on May 15, 2023, subject to the satisfaction of customary closing conditions.