Sale means Whiting Petroleum to spend more in BakkenProceeds from sale of Oklahoma panhandle property to BreitBurn Energy will result in Whiting spending more money in core areas Ray Tyson Petroleum News Bakken
Whiting Petroleum has agreed to sell enhanced oil recovery fields and related assets located primarily in the Oklahoma panhandle to BreitBurn Energy Partners L.P. for $859.8 million before adjustments.
Proceeds would be used to help pay down Whiting debt, freeing up borrowing to invest in the compan....
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