Northern Oil and Gas, Inc. Announces Termination of Consent Solicitation
July 16 2020 - 6:00PM
Business Wire
Northern Oil and Gas, Inc. (NYSE American: NOG) (“Northern” or
the “Company”) today announced that it is terminating the
previously announced consent solicitation (the “consent
solicitation”) related to the Company’s 8.50% Senior Secured Second
Lien Notes due 2023 (the “Notes”) described in the Consent
Solicitation Statement, dated as of July 2, 2020.
The deadline for holders to deliver (and not revoke) consents in
the consent solicitation in order to be entitled to receive the
consent fee (the “Expiration Time”) expired at 5:00 p.m., New York
City time, on July 15, 2020. As of the Expiration Time, the Company
had not received the consent of holders of at least a majority in
aggregate principal amount outstanding of the Notes.
Rather than extend the Expiration Time, the Company has
determined to terminate the consent solicitation. This announcement
is for informational purposes only and is not an offer to purchase,
or the solicitation of an offer to sell, the Notes or any other
security of the Company.
ABOUT NORTHERN OIL AND GAS
Northern Oil and Gas, Inc. is an exploration and production
company with a core area of focus in the Williston Basin Bakken and
Three Forks play in North Dakota and Montana.
Source: Northern Oil and Gas, Inc.
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version on businesswire.com: https://www.businesswire.com/news/home/20200716005891/en/
Northern Oil and Gas, Inc. Mike Kelly, 952-476-9800 Executive
Vice President, Finance mkelly@northernoil.com
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