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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