Edition:
United States

Whiting Petroleum Corp (WLL.N)

WLL.N on New York Stock Exchange

7.97USD
26 May 2017
Change (% chg)

$0.05 (+0.63%)
Prev Close
$7.92
Open
$7.97
Day's High
$8.13
Day's Low
$7.83
Volume
2,891,018
Avg. Vol
2,944,674
52-wk High
$14.44
52-wk Low
$6.38

Summary

Name Age Since Current Position

James Volker

70 2014 Chairman of the Board, President, Chief Executive Officer

Michael Stevens

51 2014 Chief Financial Officer, Senior Vice President

Peter Hagist

56 2014 Senior Vice President - Planning

Rick Ross

58 2014 Senior Vice President - Operations

Mark Williams

60 2011 Senior Vice President - Exploration and Development

Bruce DeBoer

64 2005 Vice President, General Counsel, Corporate Secretary

Heather Duncan

46 2008 Vice President - Human Resources

Steven Kranker

55 2013 Vice President - Reservoir Engineering & Acquisitions

David Seery

62 2005 Vice President - Land

Sirikka Lohoefener

38 2017 Controller, Treasurer

Thomas Aller

68 2003 Independent Director

James Catlin

70 2014 Independent Director

Philip Doty

73 2010 Independent Director

William Hahne

65 2007 Independent Director

Carin Knickel

60 2015 Independent Director

Michael Walen

68 2013 Independent Director

Eric Hagen

Vice President - Investor Relations

Biographies

Name Description

James Volker

Mr. James J. Volker has been Chairman of the Board, President, Chief Executive Officer of the Company. Mr. Volker joined us in August 1983 as Vice President of Corporate Development and served in that position through April 1993. In March 1993, he became a contract consultant to us and served in that capacity until August 2000, at which time he became Executive Vice President and Chief Operating Officer. Mr. Volker was appointed President and Chief Executive Officer and a director in January 2002 and Chairman of the Board in January 2004. Effective January 1, 2011, Mr. Volker stepped down as President, but continued as Chairman and Chief Executive Officer. Effective June 2014, he was again elected President and Chief Executive Officer. Mr. Volker was co-founder, Vice President and later President of Energy Management Corporation from 1971 through 1982. He has 45 years of experience in the oil and gas industry. Mr. Volker has a Bachelor’s degree in finance from the University of Denver, an MBA from the University of Colorado and has completed H. K. VanPoolen and Associates’ course of study in reservoir engineering.

Michael Stevens

Mr. Michael J. Stevens, CPA., is a Chief Financial Officer, Senior Vice President of the company. Mr. Stevens was elected Senior Vice President and Chief Financial Officer effective March 1, 2015. His 30 years of oil and gas experience includes eight years of service in various positions including Chief Financial Officer, Controller, Secretary and Treasurer at Inland Resources Inc., a company engaged in oil and gas exploration and development. He spent seven years in public accounting with Coopers & Lybrand in Minneapolis, Minnesota. He is a graduate of Mankato State University of Minnesota and is a Certified Public Accountant.

Peter Hagist

Mr. Peter W. Hagist is a Senior Vice President - Planning of Whiting Petroleum Corporation. Mr. Hagist joined us in October 2005 as Vice President, Operations-Midland. In June 2014, he was elected Senior Vice President of Planning. Mr. Hagist has 35 years of experience in the oil and gas industry and 27 years of experience managing tertiary recovery operations. Prior to joining Whiting, he held management and professional positions with Kinder Morgan CO2 Company and Pennzoil Exploration and Production Company. Mr. Hagist holds a Bachelor of Science degree in petroleum engineering from the Colorado School of Mines. He is a registered Professional Engineer and a member of the Society of Petroleum Engineers.

Rick Ross

Mr. Rick A. is a Senior Vice President - Operations of the Company. Mr. Ross joined us in March 1999 as an Operations Manager. In May 2007, he became Vice President of Operations and in June 2014, he was elected Senior Vice President of Operations. Mr. Ross has 34 years of oil and gas experience, including 17 years with Amoco Production Company where he served in various technical and managerial positions. Mr. Ross holds a Bachelor of Science degree in mechanical engineering from the South Dakota School of Mines and Technology. He is a registered Professional Engineer, a member of the Society of Petroleum Engineers and was a past Chairman of the North Dakota Petroleum Council.

Mark Williams

Mr. Mark R. Williams is a Senior Vice President - Exploration and Development of the Company. Mr. Williams was elected Senior Vice President, Exploration and Development effective January 1, 2011. He has 36 years of domestic and international experience in the oil and gas industry. Mr. Williams holds a Master’s degree in geology from the Colorado School of Mines and a Bachelor’s degree in geology from the University of Utah.

Bruce DeBoer

Mr. Bruce R. DeBoer is a Vice President, General Counsel, Corporate Secretary of the Company. From January 1997 to May 2004, Mr. DeBoer served as Vice President, General Counsel and Corporate Secretary of Tom Brown, Inc., an independent oil and gas exploration and production company. Mr. DeBoer has 37 years of experience in managing the legal departments of several independent oil and gas companies. He holds a Bachelor of Science degree in political science from South Dakota State University and received his J.D. and MBA degrees from the University of South Dakota.

Heather Duncan

Ms. Heather M. Duncan is a Vice President - Human Resources of the Company. Ms. Duncan joined us in February 2002 as Assistant Director of Human Resources and in January 2003 became Director of Human Resources. In January 2008, she was appointed Vice President of Human Resources. Ms. Duncan has 20 years of human resources experience in the oil and gas industry. She holds a Bachelor of Arts degree in anthropology and an MBA from the University of Colorado. She is a certified Senior Professional in Human Resources.

Steven Kranker

Mr. Steven A. Kranker has been appointed as a Vice President - Reservoir Engineering & Acquisitions of the Company. Prior to joining Whiting, Mr. Kranker held positions at several companies engaged in oil and gas exploration and development, including Manager of Reserves at Bill Barrett Corporation from June 2012 to March 2013, President of Earth Energy Reserves, Inc. from July 2010 to June 2012, and various positions at Forest Oil Corporation, including Corporate Engineering Manager, from May 2001 to July 2010. Mr. Kranker has 32 years of acquisition and reservoir engineering experience, including Brunei Shell Petroleum, Arco Alaska Inc., Maxus Exploration, Conoco Inc. and Shell Western E&P Inc. He received his Bachelor of Science degree in petroleum engineering from the Colorado School of Mines. Mr. Kranker is a member of the Society of Petroleum Engineers.

David Seery

Mr. David M. Seery is a Vice President - Land of the Company. Mr. Seery joined us as our Manager of Land in July 2004 as a result of our acquisition of Equity Oil Company, where he was Manager of Land and Manager of Equity’s Exploration Department, positions he had held for more than five years. He became our Vice President of Land in January 2005. Mr. Seery has 36 years of land experience including staff and managerial positions with Marathon Oil Company. Mr. Seery holds a Bachelor of Science degree in business administration from the University of Montana. He is a registered Land Professional and has held various duties with the Denver Association of Petroleum Landmen.

Sirikka Lohoefener

Ms. Sirikka R. Lohoefener is appointed as Controller, Treasurer of the company effective March 17, 2017. Ms. Lohoefener joined the Company in June 2006 as a Senior Financial Accountant, became Financial Reporting Manager in January 2011 and was appointed Controller in March 2015. She was previously with Wagner, Burke & Barnes, LLP, a public accounting firm previously based in Golden, Colorado. She has 11 years of oil and gas accounting experience and is a Certified Public Accountant. Ms. Lohoefener holds a Master of Accountancy degree from the University of Missouri-Columbia.

Thomas Aller

Mr. Thomas L. Aller is an Independent Director of the Company. Mr. Aller retired as Senior Vice President of Operations Support for Alliant Energy Corporation in 2014. He served as Senior Vice President — Energy Resource Development of Alliant Energy Corporation from 2009 to 2013 and President of Interstate Power and Light Company since 2004. Prior to that, he served as President of Alliant Energy Investments, Inc. since 1998 and interim Executive Vice President — Energy Delivery of Alliant Energy Corporation since 2003 and Senior Vice President — Energy Delivery of Alliant Energy Corporation since 2004. From 1993 to 1998, he served as Vice President of IES Investments. He received his Bachelor’s Degree in political science from Creighton University and his Master’s Degree in municipal administration from the University of Iowa. Mr. Aller’s particular experience with our company, including from 1997 through 2003 when he served as a director of our company’s operating subsidiary prior to our initial public stock offering, and his business acumen and experience in the energy sector led to the conclusion that he should serve as a director.

James Catlin

Mr. James E. Catlin is Independent Director of the company. Mr. Catlin was a co-founder of Kodiak Oil & Gas Corp. (“Kodiak”) and served at Kodiak as a director since 2001 and Executive Vice President of Business Development since 2011 until we acquired Kodiak in 2014. Mr. Catlin also previously served as Chairman of the Board from 2002 until 2011, Secretary from 2002 to 2008 and Chief Operating Officer from 2006 until 2011. Mr. Catlin has nearly 40 years of geologic experience primarily in the Rocky Mountain Region. Mr. Catlin was an owner of CP Resources LLC, an independent oil and natural gas company from 1986 to 2001. Mr. Catlin was a Founder, Vice President and Director of Deca Energy from 1980 to 1986 and worked as a district geologist for Petroleum Inc. and Fuelco prior to this time. He received a Bachelor of Arts and a Master’s of Science Degree in Geology from the University of Northern Illinois in 1973. Mr. Catlin’s extensive training and experience with respect to geology and executive level experience working with oil and natural gas companies led to the conclusion he should serve as a director. The terms of the merger agreement pursuant to which we acquired Kodiak also required that Mr. Catlin be appointed as a director.

Philip Doty

Mr. Philip Edward Doty, CPA., is an Independent Director of the Company. Mr. Doty is a certified public accountant. Since 2007, Mr. Doty has been counsel to EKS&H LLLP, the largest Colorado-based accounting and consulting firm, where he previously was a partner from 2002 to 2007. From 1967 to 2000 he worked at Arthur Andersen & Co., where he was a partner since 1978 and served as an audit partner and head of the Denver office oil and gas practice until his retirement in 2000. He is a graduate of Drake University with a Bachelor’s degree in accounting. Mr. Doty’s 47 years of experience as a certified public accountant and his expertise in oil and gas financial reporting and accounting led to the conclusion he should serve as a director.

William Hahne

Mr. William N. Hahne is an Independent Director of the Company. Mr. Hahne was Chief Operating Officer of Petrohawk Energy Corporation from 2006 until 2007. Mr. Hahne served at KCS Energy, Inc. as President, Chief Operating Officer and Director from 2003 to 2006, and as Executive Vice President and Chief Operating Officer from 1998 to 2003. He is a graduate of Oklahoma University with a BS in petroleum engineering and has 38 years of extensive technical and management experience with independent oil and gas companies including Unocal, Union Texas Petroleum Corporation, NERCO, The Louisiana Land and Exploration Company (LL&E) and Burlington Resources, Inc. He is an expert in oil and gas reserve estimating, having served as chairman for the Society of Petroleum Engineers Oil and Gas Reserve Committee. Mr. Hahne’s experience in budgeting, planning and implementing effective exploration, drilling, acquisition and development programs, expertise in horizontal drilling and shale development and knowledge of oil and gas regulation, litigation and government reporting led to the conclusion that he should serve as a director.

Carin Knickel

Ms. Carin Shirley Knickel is an Independent Director of the Company. Ms. Knickel served as Vice President of Global Human Resources and a member of the management committee of ConocoPhillips from 2003 until she retired in 2012. Her energy industry experience includes over three decades in operations leadership in refining, marketing, transportation, exploration, and production for ConocoPhillips. She also held roles in business development, strategic planning and commodity trading, and led the company’s specialty products business from 2001 to 2003. Ms. Knickel also served as Assistant Dean for Programs and Talent for the University of Colorado College of Engineering from 2013 through 2014 and currently serves on the school’s Engineering Advisory Council. Ms. Knickel has served since May 2015 as a director of Hudbay Minerals Inc. She has a Bachelor’s degree in marketing from the University of Colorado and a Master’s degree in management science from the Massachusetts Institute of Technology. Ms. Knickel’s broad range of operational and administrative experience in the oil and gas industry led to the conclusion she should serve as a director.

Michael Walen

Mr. Michael B. Walen is an Independent Director of the Company. Mr. Walen was the Senior Vice President — Chief Operating Officer of Cabot Oil and Gas Corporation from 2001 until 2010 and served in other management and exploration positions prior to that time. He has 40 years of exploration and management experience with independent oil and gas companies including PetroCorp Inc., Patrick Petroleum Co., TXO Production Co. and Tenneco Oil Company. Mr. Walen was a director of Vitruvian Exploration from 2010 to 2013. Mr. Walen holds a Bachelor’s Degree in Geology from Central Washington University and a Master’s Degree in Geology from Western Washington University. Mr. Walen’s geological training, technical expertise and industry experience (particularly in shale plays), including managing operations, engineering, reserves, land and geology, led to the conclusion that he should serve as a director.

Eric Hagen

Basic Compensation

Name Fiscal Year Total

James Volker

5,506,190

Michael Stevens

2,615,120

Peter Hagist

1,885,320

Rick Ross

2,301,120

Mark Williams

2,365,120

Bruce DeBoer

3,289,000

Heather Duncan

--

Steven Kranker

--

David Seery

--

Sirikka Lohoefener

--

Thomas Aller

300,500

James Catlin

248,500

Philip Doty

320,000

William Hahne

321,333

Carin Knickel

276,500

Michael Walen

277,000

Eric Hagen

--
As Of  30 Dec 2016