Whiting Petroleum (WLL) closes the sale of its Enhanced Oil Recovery projects to BreitBurn...

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

Whiting Petroleum (WLL) closes the sale of its Enhanced Oil Recovery projects to BreitBurn Energy (BBEP) for net proceeds of $836M. The company also updates Q2 guidance saying production exceeded the high end of its previous outlook at 8.5 MMBOE, an increase of 15.7% Y/Y. Shares -3.25% AH after the update. (PR)