Whiting Petroleum Announces Expected Appointment of Lynn Peterson as Chief Executive Officer to Progress the Strategic Groundwork of Bradley J. Holly, Chairman of the Board, President and Chief Executive Officer

DENVER--(BUSINESS WIRE)--Whiting Petroleum Corporation (NYSE: WLL) (“Whiting” or the “Company”) today announced the expected appointment of Lynn Peterson, a 40-year oil and gas industry veteran, as Chief Executive Officer, effective as of the Company’s anticipated emergence from chapter 11, which is projected to occur on September 1, 2020. Mr. Peterson succeeds Bradley J. Holly, who will resign effective at that time to pursue other interests following the Company’s restructuring. Mr. Peterson will also join the Company’s Board of Directors.