Post Tagged with: "Whiting Petroleum"

Whiting Petroleum Corporation reaches agreement in principle with certain of its noteholders to pursue consensual financial restructuring

Whiting Petroleum Corporation reaches agreement in principle with certain of its noteholders to pursue consensual financial restructuring

Whiting Petroleum


Commences Chapter 11 Reorganizational Process to Right-Size Capital Structure

DENVER–(BUSINESS WIRE)–Apr. 1, 2020– Whiting Petroleum Corporation (NYSE: WLL) and certain subsidiaries (collectively, “Whiting” or the “Company”) today announced that they had commenced voluntary Chapter 11 cases …

Source: Reuters

Investors brace for poor U.S. shale earnings amid weak oil and gas prices

Source: Reuters


(Reuters) – Investors are bracing for weaker results from U.S. shale players in coming days as lower oil and natural gas prices and cost-cutting measures have weighed on third-quarter operations.

Major shale producers ConocoPhillips (COP.N) and …

Texas Shale Towns Grapple with Growth as Oil-Bust Fears Fade

Texas Shale Towns Grapple with Growth as Oil-Bust Fears Fade

From Reuters


In west Texas, the center of the U.S. oil boom, about 3,800 students at Permian High School are crammed into a campus designed for 2,500, with 20 portable buildings to help with the overflow.

School officials had expected …

Whiting Petroleum Names New CFO

Whiting Petroleum Names New CFO

By Tyler Losier, Energy Reporter, Oil & Gas 360

Michael J. Stevens steps down as CFO, Correne S. Loeffler selected as replacement
Whiting Petroleum Corporation (stock ticker: WLL), a Denver-based independent E&P with an oil-focused asset base, has named Correne

Whiting Adds to C-Suite

Whiting Adds to C-Suite

Denver-based Whiting Petroleum Corporation (stock ticker: WLL) has named former Noble Energy executive Charles J. (Chip) Rimer as its chief operating officer, effective November 15.

“With Chip on the team, we have completed our transition from a function based, hierarchical

Whiting Chalks Up Largest Earnings In Four Years

Whiting Chalks Up Largest Earnings In Four Years

Highest net income since Q3 2014
Whiting Petroleum (ticker: WLL) announced third quarter results today, showing net income of $121.4 million, or $1.33 per share. This is the strongest earnings reported by Whiting since Q3 2014.

Whiting produced 128.7 MBOEPD

Oil Company Reducing Footprint of Downtown Denver HQ in Move Across Street

Oil Company Reducing Footprint of Downtown Denver HQ in Move Across Street

New space will deliver flexibility, energy company will build it to accommodate ‘asset team’ business model

From Business Den

A 38-year-old oil company is moving its Denver headquarters for the first time, reducing its office footprint as it shuffles across …

October 3, 2018 - 1:54 pm Closing Bell Story‎, Energy News, Popular 4
Whiting Petroleum Names Chief Corporate Development and Strategy Officer

Whiting Petroleum Names Chief Corporate Development and Strategy Officer

Whiting Petroleum Corporation Names Tim Sulser Chief Corporate Development and Strategy Officer

September 5, 2018 - 9:00 am Closing Bell Story‎, People, Press Releases
Heard on the Call: Whiting Petroleum

Heard on the Call: Whiting Petroleum

Whiting Petroleum (NYSE: WLL) reported Q2 earnings and talked about operations, acquisitions, and returning value to the shareholders. Excerpts from the company’s Q2 call is included below.

Q: Looking at that slide 7, it shows entire position there now …

Whiting Petroleum Corporation to Present at The Oil and Gas Conference

Whiting Petroleum Corporation to Present at The Oil and Gas Conference

Whiting Petroleum Corporation (NYSE: WLL)

Company Overview

Whiting Petroleum Corporation, founded in 1980, is an independent E&P company with an oil-focused asset base, principally in the Williston Basin. Whiting possesses 409,593 net acres in the Bakken/Three Forks resource play in …

August 1, 2018 - 1:29 pm Closing Bell Story‎, TOGC23
Whiting Petroleum Announces Extension of the Exchange Offer for its 6.625% Senior Notes

Whiting Petroleum Announces Extension of the Exchange Offer for its 6.625% Senior Notes

Whiting Petroleum Corporation (NYSE: WLL) today announced that it has extended its offer to exchange (the “Exchange Offer”) all of its outstanding, unregistered 6.625% Senior Notes due 2026 (the “Original Notes”) issued December 27, 2017, for new, registered 6.625% Senior …

July 6, 2018 - 12:13 pm Closing Bell Story‎, Finance, TOGC23
Whiting Petroleum Corporation Completes $1 Billion Offering

Whiting Petroleum Corporation Completes $1 Billion Offering

Whiting announces completion of offering of $1 billion of senior notes due 2026 in addition to irrevocable notice of redemption of 2019 notes

Whiting Petroleum Corporation (ticker: WLL) announced today that it completed its previously announced private unregistered offering to …

December 28, 2017 - 1:40 pm Closing Bell Story‎, Finance, Oil and Gas 360 Articles
Whiting Petroleum’s $900 Million Q4 Impairment Charge

Whiting Petroleum’s $900 Million Q4 Impairment Charge

According to an SEC 8-K form filed December 7, 2017, the board of directors at Whiting Petroleum Corporation have “concluded that a material charge for impairment to one of its assets was required under generally accepted accounting principles applicable to …

The Crucial Importance of Water Handling in Oilfield Operations – An Oil & Gas 360® Special Report

The Crucial Importance of Water Handling in Oilfield Operations – An Oil & Gas 360® Special Report

Water is not a traded commodity in the U.S., like iron ore, copper or coal, but it has become a critical factor to the companies that produce oil and gas from North America’s shale basins 

One of the biggest environmental …

Whiting Petroleum Names Former Anadarko Onshore E&P Leader Brad Holly as CEO to Replace Retiring CEO James Volker

Whiting Petroleum Names Former Anadarko Onshore E&P Leader Brad Holly as CEO to Replace Retiring CEO James Volker

James Volker will serve as Whiting’s executive chairman through year end

Beginning next Wednesday former Anadarko EVP U.S. Onshore E&P Bradley Holly will take the reins of Whiting Petroleum Corporation (NYSE: WLL), replacing outgoing Chairman, President and CEO James Volker …

Whiting Petroleum 2016 Annual Report Wins LACP Award

Whiting Petroleum 2016 Annual Report Wins LACP Award

Whiting Petroleum’s (ticker: WLL) 2016 Annual Report to Shareholders was awarded the Bronze award by the League of American Communications Professionals in its Vision Awards 2016 annual report competition.

“The 2016 competition drew one of the largest number of submissions …

Whiting Petroleum: Enhanced Completions Pay Off

Whiting Petroleum: Enhanced Completions Pay Off

Whiting Petroleum Corporation (ticker: WLL) is one of the largest oil producers in one of America’s leading oil producing regions—the Bakken-Three Forks play in the Williston basin. Whiting is among several large producers in the Bakken, including Continental Resources, Hess, …

EnerCom Dallas: a Very Positive Mood and a Full House

EnerCom Dallas: a Very Positive Mood and a Full House

Moving from Defense to Offense: industry learned how to work effectively, how to innovate during the downturn, now let’s produce

The presentation room at the Tower Club for EnerCom Dallas was overflowing Wednesday morning by the time WPX Energy (ticker: …

Whiting Petroleum Exceeds Production Guidance with 118.9 MBOEPD

Whiting Petroleum Exceeds Production Guidance with 118.9 MBOEPD

Whiting Petroleum stays on target with capex budget while exceeding production forecast

Denver-based Whiting Petroleum (ticker: WLL) announced its fourth quarter and year-end numbers today. The Williston-focused company reported that average production for the fourth quarter averaged 118.9 MBOEPD, above …

E&P A&D Roundup: PDC, Whiting, and Rex Energy Kick Off 2017

E&P A&D Roundup: PDC, Whiting, and Rex Energy Kick Off 2017

Deals: PDC Energy (ticker: PDCE), Whiting Petroleum (ticker: WLL) and Rex Energy (ticker: REXX)

With the holiday season over and the turkey more or less digested, it’s back to deal making in the oil and gas patch.

PDC Strengthens Core

Whiting Petroleum Reboots its Balance Sheet to Pre-Kodiak Levels

Whiting Petroleum Reboots its Balance Sheet to Pre-Kodiak Levels

Whiting’s debt for equity swap puts $721 million in the bank; company looks to ramp Bakken development in 2017

Whiting Petroleum Corp. (ticker: WLL) announced today that it gave notice to mandatorily convert $716.8 million of outstanding mandatory convertible notes …

Whiting Looks to Pay Down Debt, Increase Drilling with Midstream Sale

Whiting Looks to Pay Down Debt, Increase Drilling with Midstream Sale

Whiting Petroleum announces $375 million sale of Bakken midstream assets

Whiting Petroleum Corp. (ticker: WLL) announced that it has entered into an agreement to sell its 50% stake in two Bakken natural gas processing facilities.

The sale of the facilities, …

Whiting Petroleum’s Mark Williams Looks at Bakken History and What’s Coming Next

Whiting Petroleum’s Mark Williams Looks at Bakken History and What’s Coming Next

Bakken: The Advance of Technology is What this Is Really All About

Day four at the 2016 EnerCom conference featured Mark Williams, Whiting Petroleum’s SVP exploration and development, giving a historic perspective of the Bakken that showed how Whiting’s collective …

Whiting Petroleum Says Oil Above $50 for Two Quarters Would Spur Drilling

Whiting Petroleum Says Oil Above $50 for Two Quarters Would Spur Drilling

Whiting expects its production to flatten out over Q3 and Q4

Whiting Petroleum (ticker: WLL) reported its second quarter results today, with production averaging 134.2 MBOEPD for the quarter, down 21% from the same quarter last year. During the company’s …

EnerCom Receives Awards for PDC Energy and Whiting Petroleum 2015 Annual Reports

EnerCom Receives Awards for PDC Energy and Whiting Petroleum 2015 Annual Reports

Since its founding in 1994, EnerCom has written, designed and managed the production of more than 200 Annual Reports for public oil and gas companies, balancing cutting-edge graphic design with diligent project management – from initial concept meeting to shipping.…

July 19, 2016 - 10:43 am 360 Profile Member, Closing Bell Story‎
Annual Reports are Still an Art Form

Annual Reports are Still an Art Form

Whiting Petroleum, Unit Corporation 2015 Annual Reports

In an era of everything digital to be consumed on your phone—newspapers, books, magazines, menus and movies—it’s nice to hold a company’s annual report in your hands while you can still smell the …

Is the Shale Boom Finally Taking a Breather?

Is the Shale Boom Finally Taking a Breather?

Heavy hitting U.S. shale producers lower production guidance 10% or more for ‘16

U.S. shale producers are beginning to announce production cuts as the global glut is keeping prices lower for longer. There is a marked difference as companies begin …

Whiting Petroleum’s Deep Look at the Bakken-Three Forks Oil Play

Whiting Petroleum’s Deep Look at the Bakken-Three Forks Oil Play

“Whiting’s Wildcatters: Micro Scale, Macro Vision” – An Oil & Gas 360® Exclusive Video Report

Whiting Petroleum Corporation’s (ticker: WLL) geoscience team has taken a macro-approach by taking a microscopic view of the way oil flows through the rocks in …

February 25, 2016 - 4:28 pm Exploration and Production (E&P), Videos
Whiting Petroleum’s Geoscientists are Helping Build a Smarter Oil Company: a Look Behind the Scenes at the Bakken-Three Forks Oil Play

Whiting Petroleum’s Geoscientists are Helping Build a Smarter Oil Company: a Look Behind the Scenes at the Bakken-Three Forks Oil Play

“Whiting’s Wildcatters: Micro Scale, Macro Vision” – An Oil & Gas 360® Exclusive Video Report

It’s a tough market for the oil companies, but Whiting Petroleum Corporation (ticker: WLL) has figured something out.

While oil and gas companies across the …

Watch it Here:  “Whiting’s Wildcatters: Micro Scale, Macro Vision”

Watch it Here: “Whiting’s Wildcatters: Micro Scale, Macro Vision”

What does Whiting Petroleum (ticker: WLL) do differently from other producers? What process inside Whiting has begun to land some of …

January 6, 2016 - 3:15 pm Feature Stories