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