Whiting USA Trust II
Whiting USA Trust II News
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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...
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1/6/16 12:46 pm PST
AUSTIN, Texas--(BUSINESS WIRE)--Whiting USA Trust II (OTC Symbol – WHZT) announced that effective
January 7, 2016 the Trust’s units will be traded under the ticker symbol
“WHZT” on the OTC Pink, which is operated by OTC Markets Group. There is
no assurance that an active market in the Trust units will develop on
OTC Pink. As previously announced, the Trust did not satisfy the
continued listing standards of New York Stock Exchange (the “NYSE”),
which requires that the averagemore...