Minneapolis-based Northern Oil and Gas said Jan. 7 its 11 transactions in 2020Q4 included 4 in Permian Basin that accounted for 1.1 net wells in process, 219 net acres and 0.6 net undrilled locations. Northern invests in non-operated minority working and mineral interests in oil and gas properties in Permian and Williston. Northern’s $8.4 million in acquisitions in 2020Q4 resulted in acquisitions of 1.0 net producing well, 3.6 net wells in process, 655 net acres and 373 net royalty acres. Production guidance for 2020Q4 was 34,000 to 36,000 boed. The Permian acquisitions follow Northern’s entry into Delaware Basin in September.