Exhibit 5.2
| | |
| | Stikeman Elliott LLP Barristers & Solicitors Suite 1700, Park Place 666 Burrard Street Vancouver, BC Canada V6C 2X8 Main: 604 631 1300 Fax: 604 681 1825 www.stikeman.com |
March 14, 2019
Whiting Petroleum Corporation
1700 Broadway
Suite 2300
Denver, CO 80290-2300
USA
Dear Sirs/Mesdames:
Re: Whiting Canadian Holding Company ULC
We have acted as special counsel to Whiting Canadian Holding Company ULC (the “Canadian Guarantor”) in connection with the preparation of a Registration Statement onForm S-3 (the “Registration Statement”) of the Canadian Guarantor’s parent company, Whiting Petroleum Corporation (the “Parent Issuer”), dated March 14, 2019, including the prospectus constituting a part thereof (the “Prospectus”), to be filed with the Securities and Exchange Commission (the “SEC”) under the Securities Act of 1933, as amended. The Registration Statement relates to the issuance and sale by the Parent Issuer from time to time of an indeterminate amount of various types of securities, including,inter alia, unsecured debt securities of the Parent Issuer, which may be either senior (“Senior Debt Securities”) or subordinated (“Subordinated Debt Securities” and, together with the Senior Debt Securities, the “Debt Securities”) and which may be fully and unconditionally guaranteed by the Canadian Guarantor (the “Guarantees”) and/or certain of the Parent Issuer’s other subsidiaries. The Prospectus provides that it may be supplemented in the future by one or more supplements to such Prospectus and/or other offering material (each, a “Prospectus Supplement”).
We have examined copies of the following documents:
| (a) | the Registration Statement, including the Prospectus, and the documents incorporated by reference therein to which the Canadian Guarantor is a party; |
| (b) | the subordinated indenture, dated as of April 19, 2005, between the Parent Issuer, Whiting Oil and Gas Corporation, Whiting Programs Inc., Equity Oil Company(which subsequently merged with and into Whiting Oil and Gas Corporation)and The Bank of New York Mellon Trust Company, N.A., as successor trustee, as supplemented by the second supplemental indenture, dated September 24, 2010 (the “Subordinated Indenture”); and |
| (c) | the senior indenture, dated as of September 12, 2013 between the Parent Issuer, Whiting Oil and Gas Corporation, a wholly-owned subsidiary of the Parent Issuer, andThe Bank of New York Mellon Trust Company, N.A., as trustee (the “Senior Indenture” and, together with the Subordinated Indenture, the “Indentures”). |
For the purposes of this opinion, we have also examined and relied upon originals or copies of the following documents (collectively, the “Corporate Documents”):