We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

Bakken to the future

24 March 2015 By Kevin Allison

Whiting Petroleum is raising up to $3.2 bln of new equity and bonds after failing to find a buyer. The deeply discounted share issue will slash debt added as part of the recent acquisition of rival Kodiak. The dilution stings, but getting ahead of the industry rush also is wise.

This content is for Subscribers only

 

Email a friend

Please complete the form below.

Required fields *

*
*
*

(Separate multiple email addresses with commas)