Thread regarding Whiting Petroleum Corp. layoffs

Word on the street...

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.

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Post ID: @OP+14gNKWRG

7 replies (most recent on top)

OXY is not buying Whiting. Get serious. OXY will be bankrupt soon also.

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Post ID: @1ryf+14gNKWRG

Oxy can’t buy Whiting. That’s crazy.

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Post ID: @1ubj+14gNKWRG

They got everything they had coming to them, burn the flag with the logo on the way down. So glad to see this.

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Post ID: @aod+14gNKWRG

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!

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Post ID: @ibg+14gNKWRG

Hey Anonymous from Post ID: @ggp+14gNKWRG - LOL yourself. Whiting just filed CH 11. Time to bury this bloated pig.

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Post ID: @sxp+14gNKWRG

Whiting has a negative value. No one is going to buy the company outright.

Best to buy the individual assets.

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Post ID: @doo+14gNKWRG

Lol whatever. Oxy will be bankrupt themselves in 12 months.

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Post ID: @ggp+14gNKWRG

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