0001562180-20-005812.txt : 20200903
0001562180-20-005812.hdr.sgml : 20200903
20200903122731
ACCESSION NUMBER: 0001562180-20-005812
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20200901
FILED AS OF DATE: 20200903
DATE AS OF CHANGE: 20200903
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Catlin James E
CENTRAL INDEX KEY: 0001394697
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-31899
FILM NUMBER: 201158773
MAIL ADDRESS:
STREET 1: 1625 BROADWAY, SUITE 250
CITY: DENVER
STATE: CO
ZIP: 80202
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: WHITING PETROLEUM CORP
CENTRAL INDEX KEY: 0001255474
STANDARD INDUSTRIAL CLASSIFICATION: CRUDE PETROLEUM & NATURAL GAS [1311]
IRS NUMBER: 200098515
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 1700 LINCOLN STREET
STREET 2: STE 4700
CITY: DENVER
STATE: CO
ZIP: 80203-4547
BUSINESS PHONE: 303-837-1661
MAIL ADDRESS:
STREET 1: 1700 LINCOLN STREET
STREET 2: STE 4700
CITY: DENVER
STATE: CO
ZIP: 80203-4547
FORMER COMPANY:
FORMER CONFORMED NAME: WHITING PETROLEUM HOLDINGS INC
DATE OF NAME CHANGE: 20030721
4
1
primarydocument.xml
PRIMARY DOCUMENT
X0306
4
2020-09-01
true
0001255474
WHITING PETROLEUM CORP
WLL
0001394697
Catlin James E
1700 LINCOLN STREET, SUITE 4700
DENVER
CO
80203
true
false
false
false
Common Stock
2020-09-01
4
D
false
63216.00
D
0.00
D
Common Stock
2020-09-01
4
A
false
844.00
A
844.00
D
Common Stock
2020-09-01
4
D
false
14525.00
D
0.00
I
Held by Spouse
Common Stock
2020-09-01
4
A
false
194.00
A
194.00
I
Held by Spouse
Warrants (Right to Buy)
83.45
2020-09-01
4
A
false
1655.00
A
2025-09-01
Common Stock
1655.00
1655.00
D
Warrants (Right to Buy)
83.45
2020-09-01
4
A
false
380.00
A
2025-09-01
Common Stock
380.00
380.00
I
Held by Spouse
Warrants (Right to buy)
73.44
2020-09-01
4
A
false
3310.00
A
2024-09-01
Common Stock
3310.00
3310.00
D
Warrants (Right to buy)
73.44
2020-09-01
4
A
false
760.00
A
2024-09-01
Common Stock
760.00
760.00
I
Held by Spouse
On April 1, 2020, Whiting Petroleum Corporation (the "Issuer") and certain of its subsidiaries (together with the Issuer, the "Company") commenced voluntary cases under chapter 11 of the United States Bankruptcy Code in the United State Bankruptcy Court for the Southern District of Texas (the "Bankruptcy Court"). On August 14, 2020, the Bankruptcy Court entered an order confirming the Joint Chapter 11 Plan of Reorganization of Whiting Petroleum Corporation and its Debtor Affiliates (as amended, modified or supplemented from time to time, the "Plan"). On September 1, 2020 (the "Effective Date"), the Plan became effective in accordance with its terms and the Company emerged from chapter 11.
On the Effective Date, all outstanding shares of the Issuer's common stock ("Old Common Stock") were cancelled and extinguished in accordance with the Plan approved by the Bankruptcy Court.
On the Effective Date, new shares of the Issuer's common stock ("New Common Stock") were issued to the Reporting Person pursuant to the Plan in exchange for Old Common Stock held by the Reporting Person on the Effective Date at an effective exchange ratio of 0.0133557960 of a share of New Common Stock for each share of Old Common Stock. The receipt of shares of New Common Stock was involuntary, without additional consideration and in accordance with the Plan approved by the Bankruptcy Court.
On the Effective Date, the Reporting Person also received Series B Warrants to purchase shares of New Common Stock in exchange for Old Common Stock held by the Reporting Person on the Effective Date at an effective exchange ratio of 0.0261878353 of a Series B Warrant for each share of Old Common Stock. The Series B Warrants are exercisable for one share of New Common Stock from the date of issuance until 5:00 p.m., New York time, on the expiration date. The receipt of Series B Warrants was involuntary, without additional consideration and in accordance with the Plan approved by the Bankruptcy Court.
On the Effective Date, the Reporting Person also received Series A Warrants to purchase shares of New Common Stock in exchange for Old Common Stock held by the Reporting Person on the Effective Date at an effective exchange ratio of 0.0523756707 of a Series A Warrant for each share of Old Common Stock. The Series A Warrants are exercisable for one share of New Common Stock from the date of issuance until 5:00 p.m., New York time, on the expiration date. The receipt of Series A Warrants was involuntary, without additional consideration and in accordance with the Plan approved by the Bankruptcy Court.
/s/ Bruce R. DeBoer, Attorney-in-Fact for Catlin James E
2020-09-03