Latham & Watkins Advises on NOG’s US$500 Million Upsized Senior Notes Offering

Northern Oil and Gas, Inc. (NYSE: NOG) (NOG), a company with a primary strategy of investing in non-operated minority working and mineral interests in oil and gas properties, with focus on the premier hydrocarbon producing basins within the contiguous United States, priced on May 8, 2023 its private offering of US$500 million of 8.750% senior unsecured notes due 2031 at a price of 98.568% of their face value. NOG increased the size of the offering from the previously announced US$450 million to US$500 million.

Latham & Watkins LLP represented the initial purchasers in the offering with a capital markets team led by Austin partners Michael Chambers and Mollie Duckworth, with associates Michael Pascual, Brian Golde, and Carol Bale. Advice was also provided on environmental matters by Los Angeles/Houston partner Joshua Marnitz; and on tax matters by Houston partners Tim Fenn and Jim Cole, with associate Dylan White.