Total : 11 View more »
Whiting Petroleum Corporation to Present at the Bank of America/Merrill Lynch 2009 Energy Conference.
NEW YORK, September 8 (newratings.com) - Analysts at Jefferies & Co reiterate their "buy" rating on Whiting Petroleum (ticker: WLL). The target price has been raised from $53 to $58. [more]
http://www.newratings.com/en/main/company_headline.m?id=1961995
Among the premarket stories for Thursday, August 27, from AP Financial News:NEW YORK (AP) -- TiVo Inc. is set to gain from new deals with cable
http://finance.yahoo.com/news/Premarket-roundup-TiVo-apf-1130606434.html?x=0&.v=1
DENVER, Sept. 18 /PRNewswire-FirstCall/ -- Whiting Petroleum Corporation (NYSE: WLL) today announced that it will present at the Bank of America/Merrill Lynch 2009 Smid Cap Conference at the InterContinental Hotel in Boston on Monday, September 21, 2009 at 11:20 a.m. Eastern Daylight Time.
http://news.prnewswire.com/ViewContent.aspx?ACCT=109&STORY=/www/story/09-18-2009/0005096864&EDATE=
Total : 31 View more »
DENVER, Nov 16, 2009 /PRNewswire-FirstCall via COMTEX/ --
Whiting Petroleum Corporation (NYSE: WLL) today announced that it will present at the Bank of America/Merrill Lynch 2009 Energy Conference at The Grand Hyatt in New York on Wednesday, November 18, 2009 at 10:40 a.m. Eastern Standard Time. President and CEO James J. Volker will discuss the Company's strategy, development plans and outlook.
Whiting's live presentation may be accessed on the Internet by logging onto the following link: http://www.veracast.com/webcasts/bas/energy09/id56204272.cfm. The presentation materials and link to the webcast will also be available on Whiting's website at www.whiting.com beginning November 18, 2009. You may access the presentation by clicking on the "Investor Relations" box on the menu and then on the link titled "Webcasts."
About Whiting Petroleum Corporation
Whiting Petroleum Corporation, a Delaware corporation, is an independent oil and gas company that acquires, exploits, develops and explores for crude oil, natural gas and natural gas liquids primarily in the Permian Basin, Rocky Mountains, Mid-Continent, Gulf Coast and Michigan regions of the United States. The Company trades publicly under the symbol WLL on the New York Stock Exchange. For further information, please visit www.whiting.com.
SOURCE Whiting Petroleum Corporation
http://www.whiting.com
Tags: acquisition ceo conference crude oil delaware energy michigan natural gas new_york nyse oil and gas petroleum president
Companies: Willamette Industries, Inc. (WLL)
DENVER, Nov 16, 2009 /PRNewswire-FirstCall via COMTEX/ --
Whiting Petroleum Corporation (NYSE: WLL) announced that its Board of Directors declared today a dividend of $1.5625 per share on its 6.25% convertible perpetual preferred stock (NYSE: WLL-PrA). The dividend is payable on December 15, 2009 to holders of record on December 1, 2009.
About Whiting Petroleum Corporation
Whiting Petroleum Corporation, a Delaware corporation, is an independent oil and gas company that acquires, exploits, develops and explores for crude oil, natural gas and natural gas liquids primarily in the Permian Basin, Rocky Mountains, Mid-Continent, Gulf Coast and Michigan regions of the United States. The Company trades publicly under the symbol WLL on the New York Stock Exchange. Although the convertible perpetual preferred stock trades publicly under the symbol WLL-PrA on the New York Stock Exchange, most stock search services use WLL-A or WLL-PA to locate the preferred stock. For further information, please visit www.whiting.com.
SOURCE Whiting Petroleum Corporation
http://www.whiting.com
Tags: acquisition crude oil delaware dividend michigan natural gas nyse oil and gas petroleum
Companies: Agilent Technologies, Inc. (A), ProAssurance Corp. (PRA), Willamette Industries, Inc. (WLL)
DENVER, Nov 04, 2009 /PRNewswire-FirstCall via COMTEX/ --
Whiting Petroleum Corporation (NYSE: WLL) announced today that it has acquired additional royalty and overriding royalty interests in its North Ward Estes field and various other fields in the Permian Basin. Also included in the transaction were contractual rights, including an option to participate for a 5.0% working interest and right to back in after payout for an additional 7.5% working interest in the development of deeper pays on acreage under and adjoining the North Ward Estes field. The purchase price was $38.7 million with an effective date of October 1, 2009. Over 90% of the purchase price was allocated to the royalty and overriding royalty interests in the North Ward Estes field, located in Ward and Winkler Counties, Texas. The sellers were private owners.
Net production attributable to the producing royalty and overriding royalty interests is estimated at 270 barrels of oil equivalent (BOE) per day for September, 2009. Whiting estimates proved reserves attributable to the acquired interests are 2.2 million BOE for an acquisition price of $17.59 per BOE. Reserves attributable to royalty and overriding royalty interests are not burdened by operating expenses or any additional capital costs, including CO2 costs, which are paid by the working interest owners. Whiting estimates that the non-cost bearing nature of these interests makes them worth approximately 33% more than working interest barrels. Therefore, an equivalent working interest barrel would have had a price per BOE of approximately $11.79.
James J. Volker, Whiting's President and CEO, commented "We are pleased to have acquired this additional interest in our North Ward Estes field, which continues to respond favorably to our expanding CO2 injection project. We expect the additional revenue interest to reduce our operating expenses and enhance the profitability on a unit of production basis."
About Whiting Petroleum Corporation
Whiting Petroleum Corporation, a Delaware corporation, is an independent oil and gas company that acquires, exploits, develops and explores for crude oil, natural gas and natural gas liquids primarily in the Permian Basin, Rocky Mountains, Mid-Continent, Gulf Coast and Michigan regions of the United States. The Company trades publicly under the symbol WLL on the New York Stock Exchange. For further information, please visit http://www.whiting.com.
Forward-Looking Statements
This news release contains statements that we believe to be "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. All statements other than historical facts, including, without limitation, statements regarding our future financial position, business strategy, projected revenues, earnings, costs, capital expenditures and debt levels, and plans and objectives of management for future operations, are forward-looking statements. When used in this news release, words such as we "expect," "intend," "plan," "estimate," "anticipate," "believe" or "should" or the negative thereof or variations thereon or similar terminology are generally intended to identify forward-looking statements. Such forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in, or implied by, such statements.
These risks and uncertainties include, but are not limited to: declines in oil or natural gas prices; our level of success in development and production activities; the timing of our exploration and development expenditures, including our ability to obtain CO2; inaccuracies of our reserve estimates or our assumptions underlying them; revisions to reserve estimates as a result of changes in commodity prices; unforeseen underperformance of or liabilities associated with acquired properties; failure of our properties to yield oil or gas in commercially viable quantities; and other risks described under the caption "Risk Factors" in our Quarterly Report on Form 10-Q for the period ended June 30, 2009. We assume no obligation, and disclaim any duty, to update the forward-looking statements in this news release.
SOURCE Whiting Petroleum Corporation
http://www.whiting.com
Tags: acquisition business ceo commodity crude oil debt delaware earnings exploration gasoline michigan natural gas nyse oil oil and gas petroleum president prices revenue securities texas yield
Companies: Willamette Industries, Inc. (WLL)
Nov 02, 2009 (Fresh Brewed Media via COMTEX) --
Whiting Petroleum (NYSE: WLL) opened at $57.00. So far today, the stock has hit a low of $57.00 and a high of $59.84. WLL is now trading at $58.18, up $1.78 (3.16%). Over the last 52 weeks the stock has ranged from a low of $19.26 to a high of $65.05. WLL shares are on the move with other oil stocks, helped by rising oil futures. Technical indicators for the stock are bullish and S&P does not currently have a STARS rating for WLL. If you are looking for a hedged play on WLL the stock seems like it could be a candidate for a December out-of-the-money bull-put credit spread below the 50 range.
ABR-Seven Summits Strategic Investments NewsBite Goto www.iotogo.com/18w1 for our free report titled, The 18 Ways To Know When It's Time To Dump A Stock
Tags: futures nyse oil petroleum S&P
Companies: Willamette Industries, Inc. (WLL)
Total : 21 View more »
Investing in Oil Exploration - Interview with Chairman/CEO James Volker http://www.clipsyndicate.com/video/playlist/1998/734293?cpt=8&wpid=523
http://www.zibb.com/article/4278784/Video+Spotlight+Whiting+Petroleum
Whiting’s operational strategy is to “acquire, exploit and explore.” Since becoming a public company in November of 2003, we have built a quality asset base through strategic acquisitions. During that period, we acquired 208.4 MMBOE of proved reserves for $1.
Copyright © 2009 MarketWatch, Inc. All rights reserved. Please see our Terms of Use. MarketWatch, the MarketWatch logo, and BigCharts are registered trademarks of MarketWatch, Inc. Intraday data provided by Interactive Data Real-Time Services and subject to the Terms of Use.
Copyright © 2002 - 2008 newratings.com GmbH | Legal | Licensing Quote data provided by IS.eFinance Solutions (powered by IS.Teledata AG) using StandardPoor's ComStock Inc. and others. Delay times are 15 mins for European exchanges and NASDAQ, 20 mins for NYSE and AMEX.
http://www.newratings.com/headlines/Whiting-Petroleum_US9663871021.html
Total : 3,370,000 View more »
Corporate Overview. Whiting Petroleum Corporation is a Denver based independent oil and gas company that acquires, exploits, develops and explores for crude oil, natural gas and ...
Careers at Whiting Petroleum. The success of Whiting Petroleum Corporation can be traced to its team of extremely talented and creative employees with the breadth of education and ...
Get the latest on Whiting Petroleum Corporation including up to date news, high quality discussion groups and more on Google Finance.
Whiting Petroleum Corporation engages in the acquisition, development, exploitation, exploration, and production of oil and gas primarily in the Permian Basin, Rocky Mountains, Mid ...