Whiting Petroleum Corporation Announces Redemption of 8.125% Senior Notes Due 2019

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Whiting Petroleum Corporation
WLL
today announced it elected to redeem all of the outstanding $798 million aggregate principal amount of 8.125% Senior Notes Due 2019 of Kodiak Oil & Gas Corp. (now known as Whiting Canadian Holding Company ULC) on December 24, 2015. The redemption price will equal 104.063% of the aggregate principal amount of the notes, plus accrued and unpaid interest, if any, to such date. Whiting intends to fund the redemption of the notes with borrowings under its $3.5 billion credit agreement, under which there were no borrowings as of September 30, 2015. About Whiting Petroleum Corporation Whiting Petroleum Corporation, a Delaware corporation, is an independent
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