The Wall Street Journal: Northern Oil and Gas fires CEO amid SEC investigation

Northern Oil and Gas Inc. on Tuesday said it fired Chief Executive and co-founder Michael Reger, whose connection to a crude oil transport company is being investigated by federal authorities, and is reviewing options as it tries to recover from a slide in commodity prices.

The company named Chief Financial Officer Thomas Stoelk, 61 years old, its interim leader.

In a filing, the company NOG, +1.79% said Mr. Reger received a Wells Notice from the Securities and Exchange Commission last Thursday in connection with a continuing investigation of 2012 trading patterns in the securities of Dakota Plains Holdings Inc.

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