Whiting Petroleum Corp. (WLL) opened an offer to exchange all of its outstanding, unregistered senior notes, the company said June 3.
The 6.25% senior notes are due 2023 and will be exchanged for new, registered but otherwise identical notes.
The new notes will not have securities law transfer restrictions and registration rights will not pay additional interest.
The exchange offer is scheduled to expire on July 1, unless extended. Valid tenders must be made before the expiration date.
The Bank of New York Mellon Trust Co. NA is the exchange agent.
Whiting Petroleum Corp. is based in Denver and produces domestic oil, natural gas and NGL.
Recommended Reading
Keeping it Simple: Antero Stays on Profitable Course in 1Q
2024-04-26 - Bucking trend, Antero Resources posted a slight increase in natural gas production as other companies curtailed production.
NOV Announces $1B Repurchase Program, Ups Dividend
2024-04-26 - NOV expects to increase its quarterly cash dividend on its common stock by 50% to $0.075 per share from $0.05 per share.
Initiative Equity Partners Acquires Equity in Renewable Firm ArtIn Energy
2024-04-26 - Initiative Equity Partners is taking steps to accelerate deployment of renewable energy globally, including in North America.
Repsol to Drop Marcellus Rig in June
2024-04-26 - Spain’s Repsol plans to drop its Marcellus Shale rig in June and reduce capex in the play due to the current U.S. gas price environment, CEO Josu Jon Imaz told analysts during a quarterly webcast.
Ithaca Deal ‘Ticks All the Boxes,’ Eni’s CFO Says
2024-04-26 - Eni’s deal to acquire Ithaca Energy marks a “strategic move to significantly strengthen its presence” on the U.K. Continental Shelf and “ticks all of the boxes” for the Italian energy company.