Northern Oil and Gas, Inc. announced the completion of its semi-annual borrowing base redetermination under its reserves-based revolving credit facility (the ?Facility?). In connection with the redetermination, NOG entered into an amendment to the Facility that leaves the borrowing base unchanged at $1.8 billion and increases the elected commitment amount to $1.5 billion (from $1.25 billion). In addition, JP Morgan Chase Bank, Mizuho Bank and Comerica Bank have joined as new members of the Facility?s lending syndicate.
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