Infuse

Whiting Acquires Partnership Interests in Domestic Properties for $30.5M

To infuse more money into exploration, Denver-based Whiting Oil and Gas Corp. has acquired all of the limited partnership interests managed by subsidiary Whiting Programs Inc. for $30.5 million. The properties, located in Louisiana, Texas, Arkansas, Oklahoma and Wyoming, hold approximately 17.4 Bcfe, 62% of which is crude oil, which translates to an acquisition cost of $1.75/Mcfe.

June 27, 2005