Northern Oil and Gas Approaches Granite Ridge Resources for Acquisition Offer, Rejected So Far, Sources Say

Northern Oil and Gas has approached Granite Ridge Resources with an acquisition offer, according to multiple sources. The bid, which has reportedly been rejected so far, highlights Northern Oil's interest in acquiring the smaller rival. This development has garnered attention in the exploration and production sector, particularly among public companies. The news was first reported by Reuters and has been confirmed by various industry observers.