Whiting Petroleum Corp. is wishing its home state of Colorado goodbye in an A&D double play disclosed by the Denver-based company on July 21. 

In a company release, Whiting said it had entered into separate definitive agreements totaling $458 million to acquire oil and gas assets in the Williston Basin of North Dakota and divest all its oil and gas assets in the Denver-Julesburg (D-J) Basin of Colorado.

“These two transactions result in a significantly deeper drilling inventory in our key Sanish operating area, while divesting of properties in Colorado that were not going to compete internally for capital,” commented Lynn A. Peterson, president and CEO of Whiting, in the company release.

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