Kentex Acquisition Corp., a subsidiary of Kentex Petroleum Inc., Salt Lake City, (OTCBB: KNTX) plans to merge with Northern Oil and Gas Inc., Wayzata, Minn., for an undisclosed price. Northern Oil and Gas will be the surviving entity corporation and will become a subsidiary of Kentex. Northern Oil & Gas’ primary assets are 32 • A&D Watch • April 2007
E&P A&D News two leaseholds in the Williston Basin, with approximately 22,000 net acres in Sheridan County, Montana and approximately 3,600 net acres in Mountrail County, North Dakota.
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