NOG enters into Appalachian Joint Development Program
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Northern Oil and Gas entered a Joint Development Program that covers drilling activities in 2025, requires a capital commitment from NOG expected not to exceed $160 million for a 15% working interest.
The program provides for participation in Appalachia wells to be spud during 2025 and offers NOG a high degree of visibility and incremental certainty on its 2025 ground game program while adding to its gas inventory.