November 30, 2010 (FinancialWire) (Go to http://www.financialwire.net/?s=ftrdnwswnd for all of today’s featured news.) — Northern Oil and Gas, Inc. (AMEX: NOG) said that it has completed the sale of 8.95 million shares of its common stock and that the underwriters have exercised their over-allotment option to purchase an additional 1,342,500 shares of Northern's common stock in full.

Canaccord Genuity acted as sole book-running manager.

Overall, Northern Oil has issued a total of 10,292,500 shares of its common stock.  The net proceeds from the offering are around $200.1 million after deducting underwriters’ discounts.

Minnesota-based Northern Oil and Gas is an exploration and production company based in Wayzata, Minnesota. Northern Oil's core area of focus is the Williston Basin Bakken and Three Forks trend in North Dakota and Montana.

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