Northern Oil and Gas Inc.

Northern Oil and Gas Inc. has launched a consent solicitation seeking consents from holders of at least a majority of its outstanding 8.5% senior secured second lien notes due 2023 to amend the indenture governing the notes. The consent solicitation is underpinned by strong support from a substantial portion of holders of the outstanding notes. In addition, Northern has launched a newly amended and expanded $800 million senior secured revolving credit facility. Wells Fargo Securities has obtained lender commitments to the Credit Facility for substantially more than $800 million to date, subject to customary closing conditions.