Whiting Petroleum Corporation announced yesterday (March 13) that it has commenced a public offering of 16,000,000 units of beneficial interest in Whiting USA Trust II. Whiting Petroleum Corporation expects that the public offering price will be between $19.00 and $21.00 per trust unit. Whiting Petroleum Corporation will grant the underwriters for the offering an option to purchase up to an additional 2,400,000 trust units to cover over-allotments, if any.
Wednesday, March 14, 2012
Investors Only: Whiting Offering Units in Its Second Trust
Posted by Bruce Oksol at 6:36 AM