Northern Oil and Gas Inc. filed SEC Form 8-K: Entry into a Material Definitive Agreement, Creation of a Direct Financial Obligation
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Oil & Gas Production
Energy
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): April 30, 2025
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Item 1.01. Entry into a Material Definitive Agreement.
On April 30, 2025, Northern Oil and Gas, Inc. (the “Company”) completed its semi-annual borrowing base redetermination under its Third Amended and Restated Credit Agreement, dated June 7, 2022 (the “Credit Agreement”), governing the Company’s revolving credit facility with Wells Fargo Bank, N.A., as administrative agent and collateral agent, and the lenders from time to time party thereto. In connection therewith, (i) the elected commitment amount under the Credit Agreement increased from $1.5 billion to $1.6 billion, (ii) the borrowing base under the Credit Agreement was reaffirmed at $1.8 billion, and (iii) CIBC Capital Markets joined as a lender under the Credit Agreement.
Item 2.03. Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.
The information contained in Item 1.01 of this Current Report on Form 8-K above is incorporated herein by reference.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this Report to be signed on its behalf by the undersigned hereunto duly authorized.
| Date: May 1, 2025 | NORTHERN OIL AND GAS, INC. By /s/ Erik J. Romslo Erik J. Romslo Chief Legal Officer and Secretary | ||||