ClosedPublished 9 Jan 2023

Northern Oil and Gas, Inc. /
Midland Petro D.C. Partners, LLC and Collegiate Midstream LLC

Northern Oil and Gas completes MPDC asset acquisition

Price
$359.2m
Stage
Closed
Buy side: Northern Oil and Gas, Inc.
Buy sideNorthern Oil and Gas, Inc.
Target: Midland Petro D.C. Partners, LLC and Collegiate Midstream LLC
TargetMidland Petro D.C. Partners, LLC and Collegiate Midstream LLC
Source · 9 Jan 2023
Buy side: Northern Oil and Gas, Inc.
Buy sideNorthern Oil and Gas, Inc.
Target: Midland Petro D.C. Partners, LLC and Collegiate Midstream LLC
TargetMidland Petro D.C. Partners, LLC and Collegiate Midstream LLC
01 / BuyerNorthern Oil and Gas, Inc.
02 / TargetMidland Petro D.C. Partners, LLC and Collegiate Midstream LLC
01

What happened

Northern Oil and Gas, Inc. completed its acquisition of assets from Midland Petro D.C. Partners, LLC and Collegiate Midstream LLC on Jan. 5, 2023. The acquired interests include a 39.958% working interest in the Mascot Project in the Midland Basin.

The unadjusted purchase price was $359.2 million. Northern Oil and Gas paid $320.0 million in cash at closing, subject to final post-closing adjustments.

02

The source

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01
Source · Original source

Northern Oil and Gas completes MPDC asset acquisition

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03

Timeline

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  1. Closed

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  2. Published by the source

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