Kentex Petroleum closing on Northern Oil and Gas buy

Kentex Petroleum closing on Northern Oil and Gas buy

March 23, 2007 – Posted in Mining Services, Oil and Gas

Salt Lake-based Kentex Petroleum Inc. said Thursday it has closed on its acquisition of Northern Oil and Gas Inc., a Nevada oil and gas exploration and development corporation.

Terms were not disclosed, although the transaction is being treated as a reverse merger with Northern Oil as the surviving entity.

Northern Oil is focused on drilling exploratory and developmental wells primarily in the Rocky Mountain region.

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