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Title : NOG Reports 4Q17 And 2017 Full Year Results
link : NOG Reports 4Q17 And 2017 Full Year Results

NOG Reports 4Q17 And 2017 Full Year Results

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• daily production in the fourth quarter exceeded prior guidance, increasing 9.3% sequentially and 22.3% year over year to average 16,742 barrels of oil equivalen per day, for a total of 1,540,237 boe
• Northern beat its prior expense guidance with lower production expenses, production taxes, and general and administrative expenses on a per boe basis
• fourth quarter oil differential was $3.51 per barrel, an improvement of $2.71 per barrel compared to the third quarter
• Northern added 7.1 net wells to production during the fourth quarter, bringing year-to-date well additions to 16.9 net wells

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