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Northern Oil & Gas Inc
Northern Oil & Gas Inc Presentation
| Ryan Gilbertson | Page 11 of 11 |
February 14, 2016
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11Strong Northern Results 25 net wells were spud in 2010 2011 Drilling guidance increased to 40 net wells spud Production in Q1 2011 increased 185% Year/Year - Production: 94% oil weighted Oil Hedges in place through December 2012 - Total Swaps: ~1,699,000 barrels @ ~$87 - Feb-Dec 2011 Costless Collar: ~396,000 barrels @ $85/101.75 100% success rate in the Bakken/Three Forks play