Whiting Petroleum Buys Time To Survive Oil Blowup |
March 25, 2015 | March 2015 Bond Updates |
Without an attractively priced deal on its hands and a potential billion dollar 2015 cash flow shortfall given its unhedged oil production, Whiting Petroleum decided shore up its finances so it wouldn't be a forced seller if markets continue to slump. |
View more at: http://www.forbes.com/sites/antoinegara/2015/03/24/whiting-petroleum-oil-rout-equity-raise-convertible-energy/ |
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