Northern reaffirms borrowing base at $550M

Northern Oil and Gas Inc.’s (NYSE MKT: NOG) bank syndicate group, during the semi-annual redetermination period under Northern's revolving credit facility, has reaffirmed and maintained the company’s existing $550 million borrowing base.

Northern is an exploration and production company with a core area of focus in the Williston Basin Bakken and Three Forks plays in North Dakota and Montana. 

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