Whiting Petroleum Corporation (NYSE:WLL) entered into a definitive agreement to acquire Oil and Gas Assets in The Williston Basin of North Dakota for approximately $270 million on July 21, 2021. Total consideration will be paid in cash before typical closing adjustments. On July 21, 2021, Whiting Petroleum Corporation also entered into a definitive agreement to divest oil and gas assets in the Denver-Julesburg Basin of Colorado for approximately $190 million. The difference in acquisition costs and divestiture proceeds will be funded with existing availability on Whiting Petroleum Corporation’s revolver. Both transactions are expected to close in the third quarter of 2021.