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NOG Announces $1.2 Billion Joint Acquisition with Infinity Natural Resources: Acquiring Premier Utica Upstream Assets with Fully Integrated, Scaled Midstream Assets; Considerably Enhances and Expands NOG Natural Gas Profile

MINNEAPOLIS, December 08, 2025--Northern Oil and Gas, Inc. (NYSE: NOG) (the "Company" or "NOG") today announced that it has entered into a definitive agreement to acquire a 49% stake in Ohio Utica Shale Assets in partnership with Infinity for a purchase price, net to NOG, of $588.0 million in cash, subject to customary closing adjustments.

articleNorthern Oil And Gas, Inc.December 8, 202510/company/northern-oil-and-gas-inc/news/nog-announces-1-2-billion-120000961
NOG Announces $1.2 Billion Joint Acquisition with Infinity Natural Resources: Acquiring Premier Utica Upstream Assets with Fully Integrated, Scaled Midstream Assets; Considerably Enhances and Expands NOG Natural Gas Profile

About this update from Northern Oil And Gas, Inc.

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MidstreamInfinity Natural Resourcescash flowpurchase priceUticaUtica ShaleUtica Assetsgrowth assetsAntero Resourcesdevelopment