Whiting Petroleum Corp. completes Williston Basin acquisition

Whiting Petroleum Corporation (NYSE: WLL) announced last Friday the closing of the previously announced $260 million acquisition from a private party of certain producing oil and gas wells and development acreage in the Williston Basin. The purchase price is subject to customary post-effective date closing adjustments for revenues and expenses. by

Savage adds oilfield logistics to North Dakota terminal

Petroleum services hub near Trenton, N.D. now provides pipe handling, inspection and transportation services to Bakken oil producers. Savage announced yesterday the expansion of the Bakken Petroleum Services Hub in Trenton, N.D. The terminal has added oil country tubular goods (OCTG) storage, transloading, trucking, threading, inspection, and clean and drift…

FTTN explores hottest oil and gas plays in U.S.

First Titan Corp. (OTCBB: FTTN) executives will be attending what industry insiders consider the event of the season next month in Houston as the company looks to continue adding lucrative assets to its oil and gas portfolio. FTTN leaders will be among the over 1,000 oil and gas professionals attending…

Whiting Petroleum Corporation announces agreement to acquire properties in the Williston Basin for $260 million

Whiting Petroleum Corporation (NYSE:WLL) announced on August 27, 2013 that it has signed a purchase and sale agreement with a private party to acquire certain producing oil and gas wells and development acreage in the Williston Basin in Williams and McKenzie counties of North Dakota and Roosevelt and Richland counties of Montana. The purchase price is $260 million, subject to customary adjustments, and the acquisition…

University of Phoenix and American Petroleum Institute develop career pathways to build highly skilled talent in the oil and gas industry

University of Phoenix and the American Petroleum Institute (API) today announced a program that works with select community colleges nationwide on developing transfer pathways to help foster highly skilled talent in the oil and gas industry. These pathways are a blueprint to help associate-degreed students obtain a bachelor’s degree while…

Whiting Petroleum Corp. announces second quarter 2013 financial and operating results

Record Q2 2013 Production of 93,380 BOE/d Up 4.8% over Q1 2013 Q2 2013 Net Income Available to Common Shareholders of $134.7 Million or $1.14 per Diluted Share and Adjusted Net Income of $121.3 Million or $1.02 per Diluted Share Q2 2013 Discretionary Cash Flow Totals a Record $440.9 Million…