{"version":"1.0","provider_name":"Market Newsdesk","provider_url":"https:\/\/www.marketnewsdesk.com","author_name":"Newsdesk","author_url":"https:\/\/www.marketnewsdesk.com\/index.php\/author\/newsdesk\/","title":"NOG Expands Credit Facility - Market Newsdesk","type":"rich","width":600,"height":338,"html":"<blockquote class=\"wp-embedded-content\" data-secret=\"V0Mb72W8ww\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/nog-expands-credit-facility\/\">NOG Expands Credit Facility<\/a><\/blockquote><iframe sandbox=\"allow-scripts\" security=\"restricted\" src=\"https:\/\/www.marketnewsdesk.com\/index.php\/nog-expands-credit-facility\/embed\/#?secret=V0Mb72W8ww\" width=\"600\" height=\"338\" title=\"&#8220;NOG Expands Credit Facility&#8221; &#8212; Market Newsdesk\" data-secret=\"V0Mb72W8ww\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\" class=\"wp-embedded-content\"><\/iframe><script>\n\/*! This file is auto-generated *\/\n!function(d,l){\"use strict\";l.querySelector&&d.addEventListener&&\"undefined\"!=typeof URL&&(d.wp=d.wp||{},d.wp.receiveEmbedMessage||(d.wp.receiveEmbedMessage=function(e){var t=e.data;if((t||t.secret||t.message||t.value)&&!\/[^a-zA-Z0-9]\/.test(t.secret)){for(var s,r,n,a=l.querySelectorAll('iframe[data-secret=\"'+t.secret+'\"]'),o=l.querySelectorAll('blockquote[data-secret=\"'+t.secret+'\"]'),c=new RegExp(\"^https?:$\",\"i\"),i=0;i<o.length;i++)o[i].style.display=\"none\";for(i=0;i<a.length;i++)s=a[i],e.source===s.contentWindow&&(s.removeAttribute(\"style\"),\"height\"===t.message?(1e3<(r=parseInt(t.value,10))?r=1e3:~~r<200&&(r=200),s.height=r):\"link\"===t.message&&(r=new URL(s.getAttribute(\"src\")),n=new URL(t.value),c.test(n.protocol))&&n.host===r.host&&l.activeElement===s&&(d.top.location.href=t.value))}},d.addEventListener(\"message\",d.wp.receiveEmbedMessage,!1),l.addEventListener(\"DOMContentLoaded\",function(){for(var e,t,s=l.querySelectorAll(\"iframe.wp-embedded-content\"),r=0;r<s.length;r++)(t=(e=s[r]).getAttribute(\"data-secret\"))||(t=Math.random().toString(36).substring(2,12),e.src+=\"#?secret=\"+t,e.setAttribute(\"data-secret\",t)),e.contentWindow.postMessage({message:\"ready\",secret:t},\"*\")},!1)))}(window,document);\n\/\/# sourceURL=https:\/\/www.marketnewsdesk.com\/wp-includes\/js\/wp-embed.min.js\n<\/script>\n","description":"NOG Expands Credit Facility MINNEAPOLIS&#8211;(BUSINESS WIRE)&#8211; Northern Oil and Gas, Inc. (NYSE: NOG) (the \u201cCompany\u201d or \u201cNOG\u201d) today announced the completion of its semi-annual borrowing base redetermination under its reserves-based revolving credit facility (the \u201cFacility\u201d). In connection with the redetermination, the elected commitment amount increased from $1.5 billion to $1.6 billion and the borrowing base remains unchanged at $1.8 billion. The Company\u2019s bank group now includes 20 banks with the addition of CIBC Capital Markets. MANAGEMENT COMMENT \u201cWe are pleased to announce a 7% increase to our revolving credit facility despite an increasingly challenging macro environment,\u201d commented Chad Allen, NOG\u2019s Chief Financial Officer. \u201cThe increased commitment by our lenders demonstrates the financial strength of NOG\u2019s assets and risk management practices.\u201d &hellip; Continue reading \"\"","thumbnail_url":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20250430269049r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en"}