NOG Has Two Press Releases Today -- March 19, 2018

NOG announces public offering of $105 million of shares of its common stock with option for an additional $15.75 million. Why? To pursue acquisition opportunities, to fund its drilling program and for general corporate purposes (other than the repayment of debt).

NOG announces 1Q18 update and increases 2018 production guidance.

• expecting first quarter 2018 average daily production to increase by 5% to 6% over fourth quarter 2017, a sequential increase of nearly 1,000 barrels of oil equivalent per day
• raising full year 2018 production guidance; now expecting average daily production to increase by 18% to 22% over 2017, compared to prior guidance indicating a 16% to 20% increase
• Northern added a total of 3.6 net wells to production in January and February; continues to expect to add between 20 and 22 net wells to production during 2018 

Mostly for acquisition and drilling program. If acquisition alone, in North Dakota, back-of-the-envelope: $120 million / $2,000-acre = 60,000 acres. My last update shows NOG with 145,000 net acres (2017); has had as much as 180,000 net acres (2012)

Disclaimer: this is not an investment site. Do not make any investment, financial, job, travel, or relationship decisions based on what you read here or what you think you may have read here.

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Puerto Rico Grid Still Not Up And Running

WSJ link here.  The Montana linemen would have had this completed by now. The topography of Montana is similar to the topography of Puerto Rico.

Wichita Lineman, Glen Campbell

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The Apple Page

My wife would agree: audiophile calls AirPods best truly wireless earbuds he's ever heard in year-later review. 

The Verge's Vlad Savov finally got around to testing a pair of AirPods, over a year after they launched, and now understands why so many people are fans of Apple's wireless earphones. Once dismissive of them, he now thinks AirPods are the best truly wireless earbuds he's heard.

I say the AirPods aren't technically amazing, but that's only when comparing against existing standards for sound quality. In the category of truly wireless earbuds, the AirPods are the best I've yet heard. Bragi's The Headphone and Dash Pro left me underwhelmed, with the latter being especially bloated and disfigured by an overabundance of bass.

Commentary: AirPods are easily one of Apple's best new products in the past few years. They're easy to set up, easy to use, easy to carry around, and more than likely sound "good enough" for the majority of customers.