Current WLL Stock Info

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 company.”

The asset in question is the company’s Redtail field in the DJ Basin. The company expects to record an aggregate impairment charge between $800 million and $900 million in Q4 2017, the filing reported.

This decision was based on the recent and comparative performance resu...

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