Chaparral Energy Continues Moves Toward Pure-Play STACK Operations

While still leaking some red ink, Oklahoma City-based Chaparral Energy Inc.’s management reaffirmed Tuesday that the company intends to complete its post-bankruptcy transformation into a pure-play STACK (the Sooner Trend of the Anadarko Basin, mostly in Canadian and Kingfisher counties) operator with plans for up to three rigs running there through the end of next year.

Whiting Petroleum Keeps Focus on Bakken, DJ Plays

Following the sale of substantial assets on the North Dakota Fort Berthold Reservation, Denver-based Whiting Petroleum Corp. is keeping its focus on the Bakken while growing its assets in Colorado’s Denver-Julesburg (DJ) Basin and collectively maintaining 126,000 boe/d production next year, according to CEO Jim Volker.

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