X0303 4 2011-03-09 0 0001104485 NORTHERN OIL & GAS, INC. N O G 0001487913 Sankovitz James R 315 MANITOBA AVE, SUITE 200 WAYZATA MN 55391 0 1 0 0 C. O. O. and Gen. Counsel Common Stock 2011-03-09 4 S 0 11900 30.5979 D 318254 D Common Stock 2011-03-10 4 S 0 10000 28.5673 D 308254 D Common Stock 2011-03-11 4 S 0 8073 29.0228 D 300181 D Sale effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person. Reflects the weighted average price of 11,900 shares sold in multiple transactions on March 9, 2011 with sales prices ranging from $29.95 to $31.27. Reflects the weighted average price of 10,000 shares sold in multiple transactions on March 10, 2011 with sales prices ranging from $28.00 to $29.50. Reflects the weighted average price of 8,073 shares sold in multiple transactions on March 11, 2011 with sales prices ranging from $27.25 to $29.70. The reporting person undertakes to provide upon request by the US Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares purchased or sold at each separate price on each date. /s/ James R. Sankovitz 2011-03-11