Item 1.01. Entry into a Material Definitive Agreement.



On July 8, 2020, Northern Oil and Gas, Inc. (the "Company") entered into an
amendment (the "Amendment") to its Second Amended and Restated Credit Agreement,
dated November 22, 2019 (the "Credit Agreement"), governing the Company's
revolving credit facility with Wells Fargo Bank, N.A., as administrative agent,
and the lenders party thereto. Pursuant to the Amendment, the Company's
semi-annual borrowing base redetermination was completed and the borrowing base
under the credit facility was reduced to $660.0 million. As of June 30, 2020,
the Company had $568.0 million in outstanding borrowings under the credit
facility. The next redetermination of the borrowing base is scheduled for
October 1, 2020.

The Amendment also amends certain other provisions of the Credit Agreement,
including among other things to limit the Company's ability to maintain excess
cash liquidity without using it to reduce outstanding borrowings under the
credit facility. A copy of the Amendment is attached hereto as Exhibit 10.1 and
is incorporated herein by reference. The description of the Amendment in this
report is a summary and is qualified in its entirety by the terms of the
Amendment.


Item 2.03. Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.

The information set forth under Item 1.01 is hereby incorporated by reference into this Item 2.03.

Item 9.01. Financial Statements and Exhibits.



   Exhibit Number                                           Description
              10.1         First Amendment to the Second Amended and 

Restated Credit Agreement, dated

July 8, 2020, by and among Northern Oil and Gas, 

Inc. and Wells Fargo Bank,


                           National Association and the Lenders party 

thereto.


                 104       The cover page from this Current Report on Form 

8-K, formatted in Inline XBRL

--------------------------------------------------------------------------------

© Edgar Online, source Glimpses