Exhibit 5.2
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| | Stikeman Elliott LLP Barristers & Solicitors Suite 1700, Park Place 666 Burrard Street Vancouver, BC Canada V6C 2XB Main: 604 6311300 Fax: 604 6811825 www.stikeman.com |
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Whiting Petroleum Corporation 1700 Broadway, Suite 2300 Denver, Colorado 80290 |
Dear Sirs/Mesdames:
Re: Whiting Canadian Holding Company ULC
We have acted as Canadian corporate counsel to Whiting Canadian Holding Company ULC (the “Canadian Guarantor”) to render an opinion in connection with the Registration Statement on FormS-4 (the “Registration Statement”), including the prospectus constituting a part thereof, to be filed by Whiting Petroleum Corporation (the “Company”) with the Securities and Exchange Commission under the Securities Act of 1933, as amended (the “Securities Act”) relating to an offer to exchange the Company’s outstanding $1,000,000,000 6.625% Senior Notes due 2026 issued on December 27, 2017 in transactions exempt from the registration requirements of the Securities Act (the “Original Notes”), for an equal principal amount of the Company’s new 6.625% Senior Notes due 2026 that are registered under the Securities Act (the “New Notes”).
We understand that the New Notes will be issued pursuant to the senior indenture, dated as of September 12, 2013 (the “Indenture”) among the Company, as issuer, Whiting Oil and Gas Corporation and The Bank of New York Mellon Trust Company, N.A., as trustee (the “Trustee”), as supplemented by the fifth supplemental indenture dated as of December 27, 2017 among the Company, as issuer, the Canadian Guarantor, Whiting Oil and Gas Corporation, Whiting US Holding Company, Whiting Resources Corporation (the “Guarantors”) and the Trustee (the “Supplemental Indenture”). The New Notes will be fully and unconditionally guaranteed by the Canadian Guarantor on and subject to the terms of Indenture, as amended and supplemented by the Supplemental Indenture (the “New Guarantee”).
We have examined executed copies of the following documents (collectively, the “Documents”):
| (b) | the Supplemental Indenture; and |
| (c) | the Registration Statement (including the prospectus and the exhibits constituting a part of the Registration Statement); |
For the purposes of this opinion, we have also examined and relied upon copies of the following documents (collectively, the “Corporate Documents”):
| (a) | a certificate of good standing provided by the Office of the British Columbia Registrar of Companies with respect to the Canadian Guarantor (the “Certificate of Good Standing”); |