Shareholders hit Northern Oil & Gas after $406.5m acquisition of Permian basin assets

It is the fourth major acquisition by the company in 2021

New acquisitions: Northern Oil & Gas has agreed to pay more than $406 million for non-operated assets in the Permian basin
New acquisitions: Northern Oil & Gas has agreed to pay more than $406 million for non-operated assets in the Permian basinPhoto: AP/SCANPIX
Published 17 November 2021, 20:15Updated 24 November 2021, 09:38