Type: Public
On the web: http://www.northernoil.com
Employees: 11
Employee growth: 37.5%

It wouldn't be crude to say that living up north is a gas for this company. Northern Oil and Gas explores for and produces oil and natural gas on properties in the northern US. The company keeps overhead and risk down by purchasing minority, or non-operating, interests in producing oil and gas projects. With leaseholds on more than 151,000 acres in the Bakken and Three Forks oil and gas fields in North Dakota and Montana, the company has developed 15% of its property. That development has yielded proved and probable reserves of nearly 16 million barrels of oil equivalent (BOE), almost all of it crude. Northern Oil and Gas was formed in 2007.

Key numbers for fiscal year ending December, 2010:
Sales: $44.6M
One year growth: 213.3%
Net income: $6.9M
Income growth: 147.1%

Officers:
Chairman and CEO: Michael L. Reger
President and Director: Ryan R. Gilbertson
COO, General Counsel, and Secretary: James R. Sankovitz

Competitors:
American Oil & Gas
Exxon Mobil
Royal Dutch Shell

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