Whiting Petroleum (NYSE: WLL) announced it priced the initial public offering of 16,000,000 units of beneficial interest in Whiting USA Trust II at $20.00 per trust unit to the public. Whiting has granted the underwriters an option to purchase up to 2,400,000 additional trust units at the same price per trust unit to cover any over-allotments. Whiting USA Trust II will trade on the NYSE under the symbol WHZ. Whiting expects to close the IPO on March 28, 2012.

Assuming no exercise of the over-allotment option, WLL expects to receive net proceed...


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