Northern Oil and Gas Inc.

Entered into two additional independent, separately negotiated exchange agreements with holders of its 8% senior unsecured notes due 2020. Together the agreements represent a debt reduction of $13.5 million par value of notes. Through these and other recently announced exchanges since the beginning of June 2018, Northern has entered into agreements to retire $77.2 million of its remaining notes, permanently reducing interest expenses by $6.2 million on an annual basis.