Whiting Petroleum raises $193M
Whiting Petroleum Corp. said Tuesday it netted $193.9 million from a public offering of 5 million shares.
The Denver oil and gas company sold the stock at $40.50 a share. Whiting used the net proceeds to repay a portion of its debt.
Whiting granted the underwriters an option to buy another 750,000 shares at the same price.
Published July 3, 2007 by The Denver Business Journal
