Tag Archives: Three Forks

Hoeven Presses USGS Nominee for Update of Oil Reserves in Williston Basin

Senator worked with USGS to secure last estimate released in 2013 At a Senate Energy Committee hearing this week, Senator John Hoeven asked Dr. Suzette M. Kimball Ph.D, the nominee to be director of the U.S. Geological Survey (USGS), to update the USGS study of recoverable reserves in the Williston…

Whiting Petroleum completes acquisition of Kodiak Oil & Gas

Whiting Petroleum Corporation (NYSE:WLL) (“Whiting”) today announced that it has completed its previously announced acquisition of Kodiak Oil & Gas Corp. (“Kodiak”), creating the largest Bakken/Three Forks producer. The closing of the transaction follows the issuance of a final order by the Supreme Court of British Columbia approving the Arrangement…

Whiting Petroleum Corporation to acquire Kodiak Oil & Gas Corp. in all-stock transaction valued at $6 billion

Creates the number-one Bakken/Three Forks producer Whiting Petroleum Corporation (NYSE: WLL) and Kodiak Oil & Gas Corp. (NYSE: KOG) announced yesterday a definitive agreement pursuant to which Whiting will acquire Kodiak in an all-stock transaction valued at $6.0 billion, based on the closing price of Whiting on July 11, 2014,…

Energy Transfer announces open season for Bakken/Three Forks transportation service to multiple markets

Energy Transfer Partners, L.P. (NYSE: ETP) today announced the launch of a binding open season to assess interest in committed service under local and joint tariffs for crude oil pipeline transportation from multiple points of receipt in North Dakota to various Midwest and Gulf Coast refineries and terminals, including Sunoco Logistics…

Opening keynote speaker named for DUG Bakken and Niobrara conference

Harold Hamm, chairman and CEO of Continental Resources, will deliver the opening keynote address for Hart Energy’s DUG Bakken and Niobrara conference and exhibition set for April 2-4, 2014.  The event comes one month earlier this year and once again will take place at the Colorado Convention Center in Denver,…

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…