Friday, January 24, 2025

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 who is retiring after a 34-year career at Whiting, having served as president and CEO since 2002 and who was instrumental

EnerCom’s 2017 Conference Breakout Notes: Whiting Petroleum

Whiting Petroleum Corporation Breakout Notes   James J. Volker, president and CEO of Whiting Petroleum Corp., (ticker: WLL) presented today at EnerCom’s The Oil & Gas Conference® 22. Whiting Petroleum is a dominant producer in the Bakken/Three Forks play in the North Dakota/Montana Williston basin. It holds 449,857 net acres in the Williston, with 134,771 net acres of non-core acreage

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 ever, representing a broad range of industries and organizational sizes,” according to the LACP.  “This year’s event was comprised of

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, XTO, Statoil and EOG Resources. Whiting controls 443,310 net acres in the oil productive sweet spots of the Williston basin, encompassing

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: WPX) Chairman and CEO Rick Muncrief took the microphone a 8:00 a.m. and laid out his company’s stark turnaround. In his presentation

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 the company’s high end for guidance of 117.4 MBOEPD, which also translated into higher than expected cash from operations. Whiting

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 Delaware Footprint and Wolfcamp Drilling Inventory with Bolt-on PDC Energy (ticker: PDCE) announced the purchase of 4,500 net acres in

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 into shares of common stock on December 19, 2016. Last Friday, the company’s stock traded above $8.75 per share for

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, one of which is in Mountrail County, North Dakota, and the gas processing plant and associated natural gas, crude oil

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 knowledge base has grown and developed from the beginning of the Bakken exploration phase to Whiting’s development of the play.

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 conference call, management said it expects production to even out through the end of the year, and plans to wait