Northern Oil & Gas Enters Material Agreement

TL;DR

NOG just signed a big deal, creating new financial obligations. Watch this space.

AI Summary

Northern Oil & Gas, Inc. entered into a material definitive agreement on November 5, 2025. This agreement also created a direct financial obligation or an obligation under an off-balance sheet arrangement for the company. The filing includes financial statements and exhibits related to this event.

Why It Matters

This filing indicates a significant new financial commitment or arrangement for Northern Oil & Gas, which could impact its financial obligations and future operations.

Risk Assessment

Risk Level: medium — Entering into material definitive agreements and creating new financial obligations can introduce financial risks and operational changes that require careful monitoring.

Key Players & Entities

• NORTHERN OIL & GAS, INC. (company) — Registrant
• November 5, 2025 (date) — Date of earliest event reported
• 4350 Baker Road, Suite 400 Minnetonka, Minnesota 55343 (location) — Principal executive offices
• 952-476-9800 (phone_number) — Registrant's telephone number

FAQ

Key Financial Figures

• $0.001 — ich registered Common Stock, par value $0.001 NOG New York Stock Exchange Indicate
• $1.6 billion — under the Revolving Credit Facility is $1.6 billion. The Revolving Credit Facility is ini
• $1.8 billion — operties. The initial Borrowing Base is $1.8 billion until the next scheduled redeterminatio

Filing Documents

• nog-20251105.htm (8-K) — 34KB
• nog-fourthamendedrestatedc.htm (EX-10.1) — 1746KB
• 0001104485-25-000161.txt ( ) — 2181KB
• nog-20251105.xsd (EX-101.SCH) — 2KB
• nog-20251105_lab.xml (EX-101.LAB) — 21KB
• nog-20251105_pre.xml (EX-101.PRE) — 12KB
• nog-20251105_htm.xml (XML) — 3KB

01. Entry into a Material Definitive Agreement

Item 1.01. Entry into a Material Definitive Agreement . On November 5, 2025, Northern Oil and Gas, Inc. (the "Company") entered into a Fourth Amended and Restated Credit Agreement (the "Revolving Credit Facility") with Wells Fargo Bank, National Association, as administrative agent and collateral agent, and the lenders from time to time party thereto. The Revolving Credit Facility replaces the Company's prior revolving credit facility, which was entered into on June 7, 2022. The Revolving Credit Facility matures on November 5, 2030. The initial elected commitment amount under the Revolving Credit Facility is $1.6 billion. The Revolving Credit Facility is initially comprised of revolving loans and letters of credit and is subject to a Borrowing Base (as defined in the Revolving Credit Facility) with maximum loan value to be assigned to the proved reserves attributable to the Company and its subsidiaries' (if any) oil and gas properties. The initial Borrowing Base is $1.8 billion until the next scheduled redetermination. The Company's borrowing availability is set at the lesser of the Borrowing Base and the elected commitment amount. The Borrowing Base will be redetermined semiannually on or around April 1st and October 1st, with one interim "wildcard" redetermination available each calendar year to each of the Company and the Required Lenders (as defined in the Revolving Credit Facility). The Company has the option to seek commitments for term loans up to a maximum principal amount of, as of any date of determination, together with any Term Loan Exposure (as defined in the Revolving Credit Facility) then in effect, the least of the following: (i) the Borrowing Base then in effect minus the Aggregate Elected Commitment Amount (as defined in the Revolving Credit Facility) then in effect, (ii) an amount equal to the Aggregate Elected Commitment Amount then in effect and (iii) one-third (1/3) of the sum of (x) the Aggregate Elected Commitment Amount then in effect pl

01. Financial Statements and Exhibits

Item 9.01. Financial Statements and Exhibits . Exhibit Number Description 10 .1 * Fourth Amended and Restated Credit Agreement, dated as of November 5, 2025, among Northern Oil and Gas, Inc., Wells Fargo Bank, National Association, as administrative agent and collateral agent, and the lenders from time to time party thereto. 104 The cover page from this Current Report on Form 8-K, formatted in Inline XBRL * The schedules and exhibits to the agreement have been omitted pursuant to Item 601(a)(5) of Regulation S-K. A copy of any omitted schedule and/or exhibit will be furnished to the SEC upon request

SIGNATURES

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: November 10, 2025 NORTHERN OIL AND GAS, INC. By /s/ Erik J. Romslo Erik J. Romslo Chief Legal Officer and Secretary

View Full Filing

View this 8-K filing on SEC EDGAR