Whiting hit by Kodiak writedown

Whiting Petroleum fell to a loss for the third quarter after taking a $2.57 billion write-down on the value of its assets, including those acquired during its takeover of Bakken rival Kodiak Oil & Gas last year.

Kodiak acreage: Losing its lustre
Kodiak acreage: Losing its lustre
Published 28 October 2015, 23:07Updated 17 October 2016, 13:01
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