Northern Oil and Gas Addresses Acquisition Speculation

December 21, 2024 - 09:22

MINNEAPOLIS, December 20, 2024--Northern Oil and Gas, Inc. has a longstanding policy of refraining from commenting on acquisition rumors. However, the company feels compelled to address a recent article that speculated on a potential acquisition of Granite Ridge Resources.

In light of the information presented, Northern Oil and Gas emphasizes that it does not engage in discussions regarding business combinations unless there is a definitive agreement. The company aims to maintain transparency with its stakeholders while adhering to its policy.

Northern Oil and Gas is committed to providing value to its shareholders and remains focused on its operational strategies and growth initiatives. The management team continues to evaluate various opportunities in the market but has not made any formal decisions regarding acquisitions or mergers at this time.

The company encourages investors and the public to rely on official communications for accurate information regarding its business activities and future plans.