| Northern Oil and Gas, Inc., an exploration stage company, engages in the acquisition, exploration, exploitation, development, and production of oil and natural gas properties primarily in the Rocky Mountain Region of the United States. It owns various oil leases covering approximately 21,354 net acres in Sheridan County, Montana. The company also holds approximately 22,000 net acres located in Mountrail County, North Dakota; 7,500 net acres located in Burke and Divide Counties of North Dakota; 10,000 net acres located in the Finger Lakes region of Yates County, New York; and 1,500 net acres in Dunn County, North Dakota. As of March 31, 2008, it owned rights to an aggregate of approximately 62,000 net mineral acres. The company is based in Wayzata, Minnesota. |