Whiting USA Trust II
Whiting USA Trust II News
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11/4/16 2:00 pm PDT
AUSTIN, Texas--(BUSINESS WIRE)--Whiting USA Trust II (OTC Pink: WHZT) announced today that the Trust
will make a distribution to unitholders in the fourth quarter of 2016,
which relates to net profits generated during the third quarterly
payment period of 2016. Unitholders of record on November 19, 2016
(which results in an effective record date of November 18, 2016 due to
the 19th of November falling on a non-trading day) will
receive a distribution of $0.065170 per unit,more...
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8/5/16 2:00 pm PDT
AUSTIN, Texas--(BUSINESS WIRE)--Whiting USA Trust II (OTC Pink:WHZT) announced today that there will be
no distribution made to unitholders in the third quarter of 2016. The
net profits interest generated total cash available for the Trust of
$1.4 million during the second quarterly payment period of 2016.
However, when this total cash available for the Trust is reduced by (i)
the repayment to Whiting of $1.2 million in prior period accumulated net
losses and (ii) this period’more...
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5/10/16 2:39 pm PDT
AUSTIN, Texas--(BUSINESS WIRE)--Whiting USA Trust II (OTC Pink: WHZT) announced today that it determined
there will be no distribution made to unitholders in the second quarter
of 2016. This is due to the net profits interest generating a net loss
of $1.2 million during the first quarterly payment period of 2016
primarily due to the decline in oil and natural gas prices, which lower
commodity prices caused production and development costs on the
underlying properties to exceedmore...
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3/11/16 12:20 pm PST
AUSTIN, Texas--(BUSINESS WIRE)--Whiting USA Trust II (OTC Pink: WHZT) announced today that it filed a
copy of the Trust’s Annual Report on Form 10-K for the year ended
December 31, 2015 on the Electronic Data Gathering, Analysis, and
Retrieval (EDGAR) system maintained by the SEC at http://www.sec.gov.
The Trust filings are also available on the Trust’s website at http://whitingwhz.investorhq.businesswire.com.
In addition, the Trust will provide electronic and paper copies of itsmore...
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2/5/16 2:15 pm PST
AUSTIN, Texas--(BUSINESS WIRE)--Whiting USA Trust II (OTC Pink: WHZT) announced today that it determined
there will be no distribution made to unitholders in the first quarter
of 2016. This is due to the net profits interest generating a net loss
during the fourth quarterly payment period of 2015, and when such net
loss is combined with this period’s provision for estimated Trust
expenses, both of these amounts together offset the proceeds from sale
of oil and gas propertiesmore...