Whiting Petroleum Corporation (NYSE:WLL) is looking for acquisitions. Lynn Peterson, Chief Executive Officer, said "with the free cash flow we expect to generate from operations, we will continue to pursue acquisitions which enhance Whiting's competitive position in the Williston Basin including bolt-on opportunities that create synergies with Whiting's existing asset base. While we continue to believe that we will have attractive opportunities to create value through investments in our operations, Management and the Board also understands important to returning capital to shareholders".