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Top Petroleum Corporation Files for Chapter 11

In: News Headlines

As the nation’s oil industry struggles to deal with record low oil prices and the coronavirus, one of the top producers in the Bakken filed for bankruptcy protection this week. Whiting Petroleum Corporation based in Denver decided Chapter 11 bankruptcy protection is the best path forward for the company. Whiting Petroleum has been involved in the Montana oil scene for more than 35 years.

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