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Whiting Petroleum Corp (NYSE:WLL) Affected Due To Cancelled Fund Raising By Weatherford International Plc (NYSE:WFT)

Weatherford International Plc (NYSE:WFT) recently called off its efforts to raise funds worth $1 billion after investors pulled down the stock. Whiting Petroleum took the decision in a hope that the Wall Street will drift away from the preference of energy finance and the oil prices will climb soon in the near future. The decision […]

Number ofDrilling Rigs in Williston Basin to Touch New Highs

Boston, MA 09/22/2014 (wallstreetpr) – Due to the boom in the shale oil production, the number of drilling rigs for crude oil in the Williston Basin has jumped to the highest level in around two years. Due to the shale boom, it is forecasted that North Dakota’s output will increase to two million barrels a […]