Getting your player ready...
Denver-based announced Monday that it has begun a public offering of $1.8 billion of senior notes due 2019 and 2021.
The company said it expects the net proceeds from this offering to repay all of the debt outstanding under the Whiting Oil and Gas Corp.’s credit agreement, to fund its $260 million acquisition of Williston Basin assets, and to retire its $250 million of outstanding 7.0 percent senior subordinate notes due 2014 on or prior to their maturity on Feb. 1, 2014.
Howard Pankratz: 303-954-1939, hpankratz@denverpost.com or twitter.com/howardpankratz
