Word on the street in the Denver O&G community is Whiting is doing everything possible to set themselves up for a buyout.
OXY has apparently been sniffing around so we shall see.
All I will say is Whiting folks better save away those over inflated paychecks and bonuses.
OXY is not buying Whiting. Get serious. OXY will be bankrupt soon also.
Oxy can’t buy Whiting. That’s crazy.
They got everything they had coming to them, burn the flag with the logo on the way down. So glad to see this.
i have been in business as an operator for over 40 years in 7 state. i also have dealt with Whiting for 30+ years as a non operator. they rate right up there with the Chesapeake and Chaparrals and others of the world that i considered some of the very worst operators in the country. FINALLY they are getting what they earned! no more New York funny money to bail them out. good riddance!
Hey Anonymous from Post ID: @ggp+14gNKWRG - LOL yourself. Whiting just filed CH 11. Time to bury this bloated pig.
Whiting has a negative value. No one is going to buy the company outright.
Best to buy the individual assets.
Lol whatever. Oxy will be bankrupt themselves in 12 months.