Northern Oil & Gas Secures $1.6 Billion Revolving Credit Facility Led by Wells Fargo

Northern Oil & Gas Inc. has entered into a Fourth Amended and Restated Credit Agreement with Wells Fargo Bank, National Association, serving as administrative and collateral agent, along with other lenders. This new Revolving Credit Facility, effective November 5, 2025, replaces the company’s previous credit facility from June 2022 and provides an initial elected commitment amount of $1.6 billion. The facility matures on November 5, 2030, and is secured by mortgages on at least 85% of the value of proven reserves from the company’s oil and gas properties, as well as a first-priority security interest in substantially all company assets. The agreement includes customary provisions for acceleration upon events of default, such as payment defaults and changes in control. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Northern Oil & Gas Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104485-25-000161), on November 10, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT) Original Document: here