Whiting Petroleum Corp. (NYSE: WLL) today announced that it has priced 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) announced today that it has commenced a public offering of $1.8 billion aggregate principal amount of senior notes due 2019 and senior notes due 2021, subject to market and other conditions. Whiting expects to use the net proceeds from this offering to repay all of the debt outstanding under Whiting Oil and Gas [...]
Whiting Petroleum Corp. (NYSE:WLL) announced today that it has signed a purchase and sale agreement with a private party to acquire certain producing oil and gas wells and development acreage in the Williston Basin in Williams and McKenzie counties of North Dakota and Roosevelt and Richland counties of Montana. The purchase price is $260 million [...]
Whiting Petroleum Corp. (NYSE: WLL) today announced that it will present at EnerCom, Inc.s The Oil and Gas Conference at the Westin Tabor Center in Denver on Monday, August 12, 2013 at 9:40 a.m. (MDT). Chairman and CEO James J. Volker will discuss the Companys strategy, development plans and outlook. Whitings live presentation may be accessed [...]
Whiting Petroleum Corp.s (NYSE: WLL) production in the second quarter of 2013 totaled 8.5 million barrels of oil equivalent (MMBOE), 87% crude oil/natural gas liquids (NGLs). Second quarter 2013 production equals 93,380 barrels of oil equivalent per day (BOE/d) representing a 4.8% increase over the first quarter of 2013. Second quarter production [...]
Whiting Petroleum today closed the previously announced sale to BreitBurn Energy Partners L.P. (NASDAQ: BBEP) of its Enhanced Oil Recovery (EOR) projects in the Postle and NE Hardesty Fields, Texas County, Oklahoma. The sale includes the related Dry Trail plant gathering and processing facilities, oil delivery pipeline, 60% interest in the 120-mile [...]
Whiting Petroleum will release its second quarter 2013 financial and operating results on Wednesday, July 24, 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, July 25, 2013 to discuss Whiting's second quarter 2013 [...]
Whiting Petroleum announced today that it has signed a purchase and sale agreement to sell to BreitBurn Energy Partners L.P. (NASDAQ: BBEP) certain producing oil and gas properties located in its Enhanced Oil Recovery (EOR) projects in the Postle and NE Hardesty Fields, Texas County, Oklahoma. The sale includes the related gathering and Dry Trail [...]
Whiting Petroleum today announced the retirement of J. Douglas Lang, Whiting’s Vice President of Reservoir Engineering/Acquisitions, effective June 30, 2013. Mr. Lang joined Whiting in December 1999 and was appointed VP-Reservoir Engineering/Acquisitions in October 2004.