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BS - Whiting Petroleum Highlights - March 24, 2020

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Whiting Petroleum is slimming down its 2020 plans and has cut $185 million, or 30%, from its capex guidance at midpoint, with 2020 capital spending now targeted at $400-435 million. The company will drop to one rig and one completion crew by mid-April, down from prior plans to run three rigs and two completion crews. “This new spending plan preserves our liquidity while improving capital efficiency,” CEO Bradley Holly said in a press release.......
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