Northern Oil and Gas Inc. said in a recent company release that COO Adam Dirlam has been promoted effective immediately to serve as president.

“During an incredibly transformational year for our company, it has become clear that Adam is ready and deserving of the role of president,” Northen CEO Nick O’Grady commented in the release by the company on Dec. 13.

Dirlam has led the company’s M&A and capital allocation efforts including significant expansions into the Permian Basin and Marcellus Shale plays within the past year or so.

“As we continue to build and scale Northern, Adam’s growing role in our business and execution capabilities warrant a title commensurate with his responsibilities,” O’Grady added.

Since joining the company in 2009, Dirlam has previously served in various roles including as executive vice president - land and operations and senior vice president of land and operations. He has served as COO since January 2020.

Based in Minnetonka, Minn., Northern aims to be the go-to resource for operators that want to offload nonoperated working interests in leasehold.

Originally focused in the Williston Basin, the company began to branch out starting with its first acquisition in the Permian Basin in September 2020. In April 2021, Northern closed on a $250 million deal for a large swath of nonoperated interest in the Marcellus Shale, marking its first purchase in the Appalachia region.

Since then, Northern has continued to add onto to its portfolio, including the recently announced acquisition of Veritas Energy’s nonop position in the Permian Basin for $405.6 million, Northern’s largest acquisition to date.

Editor's note: Updated to remove mention of Dirlam retaining COO role as Northern vacated the COO title.

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