For Investors Only: NOG -- The Bargain of the Bakken -- SeekingAlpha

Link here.

Note disclaimer: this is not an investment site.

The contributor does a nice job comparing OAS with NOG:

OAS has twice the current production and 1.8 times the acreage of NOG, has a lower growth rate yet has 2.66 times the enterprise value of NOG. NOG is a non-operator while most of OAS's acreage is operated and held by production so perhaps NOG deserves a small discount on an apples to apples basis, but I would argue that NOG's higher growth rate, ability to operate "leaner" and be much more diversified as a non-operator and proportionally more room to grow (with a higher % of acreage awaiting development) more than compensates for the non-operator discount, especially since NOG has interests in many of the same wells that OAS operates.

My hunch is that five years from now folks will be absolutely amazed how the Bakken has changed.