NORTHERN OIL & GAS, INC.

An independent upstream oil and gas company, Northern Oil and Gas engages in the acquisition, exploration, development, and production of crude oil and natural gas properties across the United States. Founded in 2006 and based in Minnetonka, Minnesota, the company generates revenue primarily through the extraction and sale of crude oil and natural gas from its operating properties.

The company's business model centers on identifying and acquiring oil and gas leasehold interests, then developing those assets through drilling and production operations. Northern Oil and Gas maintains a portfolio of properties distributed across multiple onshore basins in the U.S., with operational focus on conventional and unconventional resource plays. Revenue is derived from the sale of produced crude oil, natural gas, and associated by-products to market buyers and processors.

As a publicly traded independent E&P operator on the NYSE, Northern Oil and Gas operates at a mid-cap scale within the energy sector. The company employs a staff sufficient to manage exploration, drilling, production, and corporate functions across its property portfolio and regional operations.