Whiting Petroleum Corp. (NYSE: WLL) today announced that it has commenced an offer to exchange all of its outstanding, unregistered 5.750% Senior Notes due 2021 (CUSIP Nos. 966387AJ1 and U9650FAC1) (the "Original Notes") issued September 26, 2013, for new, registered 5.750% Senior Notes due 2021 (CUSIP No. 966387AH5) (the "New Notes"), which are an [...]
Whiting Petroleum Corp. (NYSE: WLL) today closed the previously announced sale to a private buyer of 32,182 net acres and approximately 200 net BOE per day in the Companys Big Tex prospect area in the Delaware Basin for total consideration of $150.1 million, subject to normal adjustments. Of the total net acres, 30,821 net acres are located in [...]
Whiting Petroleum Corp.s (NYSE: WLL) production in the third quarter of 2013 totaled 8.533 million barrels of oil equivalent (MMBOE), of which 87% was crude oil/natural gas liquids (NGLs). Despite the sale of our Postle field assets, which accounted for approximately 7,560 barrels of oil equivalent per day (BOE/d) of production in the second [...]
Whiting Petroleum Corp. (NYSE:WLL) will release its third quarter 2013 financial and operating results on Wednesday, October 23, 2013 after the market closes. A conference call with investors, analysts and other interested parties is scheduled for 11:00 a.m. EDT (10:00 a.m. CDT, 9:00 a.m. MDT) on Thursday, October 24, 2013 to discuss Whiting's [...]
Whiting Petroleum Corp.s (NYSE: WLL) Chairman and CEO James J. Volker will be the keynote luncheon speaker at the IPAA Oil and Gas Investment Symposium at the Palace Hotel in San Francisco on Monday, September 30, 2013 at 12:50 p.m. Pacific Daylight Time. Mr. Volker will discuss the Companys strategy, development plans and outlook. Whitings [...]
Whiting Petroleum Corp. (NYSE: WLL) today announced that it completed its previously announced private offering to eligible purchasers of $400 million aggregate principal amount of 5.750% senior notes due 2021. The notes were priced at a premium of 101.000% of par. The notes are unsecured and unconditionally guaranteed by Whitings wholly-owned [...]
Whiting Petroleum Corp. (NYSE: WLL) today announced that it has priced $400 million aggregate principal amount of 5.750% senior notes due 2021 in a private placement to eligible purchasers. The notes were priced at a premium of 101.000% of par. The notes will be unsecured and unconditionally guaranteed by Whitings wholly-owned subsidiary, Whiting [...]
Whiting Petroleum Corp. (NYSE: WLL) today announced it notified the trustee under the indenture governing its $250 million aggregate principal amount of 7.0% Senior Subordinated Notes due 2014 to provide notice to holders of the notes on October 1, 2013 that it elected to redeem the notes on October 31, 2013. The redemption price will equal 100% of [...]
Whiting Petroleum Corp. (NYSE: WLL) announced today that it intends to sell $400 million aggregate principal amount of 5.750% senior notes due 2021 in a private placement to eligible purchasers. The notes will be unsecured and unconditionally guaranteed by Whitings wholly-owned subsidiary, Whiting Oil and Gas Corporation. Whiting expects to use [...]
Whiting Petroleum Corp. (NYSE: WLL) announced today the closing of the previously announced $260 million acquisition from a private party of certain producing oil and gas wells and development acreage in the Williston Basin. The purchase price is subject to customary post effective date closing adjustments for revenues and expenses. The acquired [...]
Whiting Petroleum Corp. (NYSE: WLL) today announced that it completed a public offering of $1.9 billion aggregate principal amount of senior notes consisting of the following: $1.1 billion of senior notes that mature on March 15, 2019 and bear interest at an annual rate of 5.000%, and $800.0 million of senior notes that mature on March 15 [...]
Whiting Petroleum Corp. (NYSE: WLL) today announced that it will present at the Barclays Capital CEO Energy/Power Conference at the Sheraton New York Hotel & Towers in New York City on Wednesday, September 11, 2013 at 11:05 a.m. (EDT). President and CEO James J. Volker will discuss the Companys strategy, development plans and outlook. Whitings [...]