Northern Oil and Gas Inc.

Priced underwritten public offering announced Feb. 3 of 12.5 million shares of its common stock at $9.75 per share. Underwriters granted a 30-day option to purchase roughly up to an additional 1.9 million shares of stock. Proceeds will be used to partially fund the cash purchase price of the recently announced pending acquisition of certain nonoperated natural gas assets in the Appalachian Basin from Reliance Marcellus LLC. Offering is not conditioned upon the completion of the Reliance acquisition. If the acquisition is not consummated, proceeds will be used to repay or redeem outstanding indebtedness and for general corporate purposes. BofA Securities is joint book-running manager and representative of the underwriters. RBC Capital Markets, Wells Fargo Securities, Citigroup and Truist Securities are also joint book-running managers.