The Globe and Mail

Go to the Globe and Mail homepage

Jump to main navigationJump to main content

Globe Investor

News Sources

Take control of your investments with the latest investing news and analysis

Press release from Business Wire

Whiting Petroleum Corporation Reports Well Incident in Mountrail County, North Dakota

Sunday, November 21, 2010

Whiting Petroleum Corporation Reports Well Incident in Mountrail County, North Dakota14:45 EST Sunday, November 21, 2010 DENVER (Business Wire) -- On Saturday, November 20, 2010, Whiting Petroleum Corporation was in the process of performing completion operations on the Roggenbuck 14-25H, a horizontal Bakken well located approximately eight miles northwest of Newtown, North Dakota, when a valve near the wellhead failed. This resulted in water, oil and natural gas flowing from the well. Whiting immediately shut down operations and evacuated the location. There were no injuries as safety procedures were immediately put into action to protect employees, contractors and the environment. State and local authorities were immediately notified. Wild Well Control, Inc., a firm specializing in control of such incidents, is on site in North Dakota and is implementing a plan to control the well. Whiting's trained personnel and its contractors are presently engaged in operations that have contained the liquids being produced. These liquids are being hauled from the well site. About Whiting Petroleum Corporation Whiting Petroleum Corporation, a Delaware corporation, is an independent oil and gas company that acquires, exploits, develops and explores for crude oil, natural gas and natural gas liquids primarily in the Permian Basin, Rocky Mountains, Mid-Continent, Gulf Coast and Michigan regions of the United States. The Company's largest projects are in the Bakken and Three Forks plays in North Dakota and its Enhanced Oil Recovery fields in Oklahoma and Texas. The Company trades publicly under the symbol WLL on the New York Stock Exchange. For further information, please visit www.whiting.com. Forward-Looking Statements This news release contains statements that we believe to be “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. All statements other than historical facts are forward-looking statements. Such forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in, or implied by, such statements. These risks and uncertainties include, but are not limited to: Whiting's ability to continue to contain the liquids flowing from the Roggenbuck 14-25H well; the amount of costs Whiting may incur to control and shut in the Roggenbuck 14-25H well; any actions that governmental authorities may take with respect to Whiting, including imposing fines or penalties; Whiting's ability to control and shut in the well without injuries or damages; and other risks described in our prospectus supplement, dated September 21, 2010 filed with the SEC. We assume no obligation, and disclaim any duty, to update the forward-looking statements in this news release. Whiting Petroleum CorporationJack R. Ekstrom, 303-803-5465Vice President of Corporate and Government Relationsjack.ekstrom@whiting.comJohn B. Kelso, 303-837-1661Director of Investor Relationsjohn.kelso@whiting.com