Annual report pursuant to Section 13 and 15(d)

ORGANIZATION AND NATURE OF BUSINESS

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ORGANIZATION AND NATURE OF BUSINESS
12 Months Ended
Dec. 31, 2014
ORGANIZATION AND NATURE OF BUSINESS [Abstract]  
ORGANIZATION AND NATURE OF BUSINESS
NOTE 1     ORGANIZATION AND NATURE OF BUSINESS

Northern Oil and Gas, Inc. (the “Company,” “Northern,” “our” and words of similar import), a Minnesota corporation, is an independent energy company engaged in the acquisition, exploration, exploitation, development and production of crude oil and natural gas properties.  The Company’s common stock trades on the NYSE MKT market under the symbol “NOG”.

Northern’s principal business is crude oil and natural gas exploration, development, and production with operations in North Dakota and Montana that primarily target the Bakken and Three Forks formations in the Williston Basin of the United States.  The Company acquires leasehold interests that comprise of non-operated working interests in wells and in drilling projects within its area of operations.  As of December 31, 2014, approximately 63% of Northern’s 185,018 total net acres were developed.