Whiting Petroleum (WLL -7%) tumbles after slashing its Q4 production estimate on account of the...

|About: Whiting Petroleum Corporation (WLL)|By:, SA News Editor

Whiting Petroleum (WLL -7%) tumbles after slashing its Q4 production estimate on account of the later-than-expected arrival of service rigs at a North Dakota oil field. Whiting is also guiding for 2012 oil production growth of 13%-19%, and setting a 2012 capex budget of $1.6B.