Whiting Petroleum Corporation Increases Its 2008 Exploration and Development Budget to $850 Million from $765 Million

Whiting Petroleum Corporation has published a report to the media today that record second quarter 2008 net income of $80.4 million, or $1.90 per basic and diluted share, on total revenues of $345.8 million. This compares to second quarter 2007 net income of $26.5 million, or $0.72 per basic and diluted share, on total revenues of $192.9 million. During the second quarter of 2008, as a result of rising... 

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Northern Oil and Gas Announces First Quarter Results and Provides an Update on Williston Basin Drilling Program

Northern Oil and Gas, Inc. reported a first quarter 2008 net loss of $187,000 or $0.01 per common share. Complete details of the company’s financial performance in the first quarter can be found its Form 10-Q which has been filed with the U.S. Securities and Exchange Commission. Michael Reger, Chief Executive Officer of Northern said, “Northern has made significant progress in its first... 

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