Whiting Petroleum Corp - Ordinary Shares (New)

NYSE:WLL   3:59:59 PM EDT
38.70
+0.35 (+0.91%)
4:00:00 PM EDT: $38.62 -0.08 (-0.21%)
Layoffs, Restructuring / Reorganization, Other Pre-Announcement

Whiting Petroleum Sees H2 2020 Capex $34 Million To $39 Million

Published: 09/16/2020 22:03 GMT
Whiting Petroleum Corp - Ordinary Shares (New) (WLL) - Whiting Petroleum Announces 2020 Guidance and Organizational Changes to Better Position the Company for 2021.
Whiting Petroleum Corp - Changes Expected to Generate Approximately $20 Million in Annual Cost Savings.
Whiting Petroleum Corp - Recently Implemented a New Organizational Structure Whereby Company Has Reduced Its Total Workforce by 16%.
Whiting Petroleum - Reducing Compensation of Officers by 15% to 20%, , Reducing Number of Corporate Executives, Initiating Salary Reductions.
Whiting Petroleum Corp - Sees H2 2020 Capex $34 Million - $39 Million.
Whiting Petroleum Corp - Sees H2 2020 Production Between 88 Mboe/d to 92 Mboe/d.