Whiting Petroleum Corporation announced that it elected to redeem all of the outstanding $275 million aggregate principal amount of 6.5% Senior Subordinated Notes due 2018 on February 2, 2017. The redemption price will equal 100% of the principal amount thereof plus accrued and unpaid interest to, but not including, the date of redemption. Whiting intends to fund the redemption of the notes with proceeds from the sale of its North Dakota midstream assets, which closed on January 3, 2017.