Exhibit 5.1
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![LOGO](https://capedge.com/proxy/S-4/0001193125-18-175318/g566731snap0002.jpg) | | ATTORNEYS AT LAW 777 EAST WISCONSIN AVENUE MILWAUKEE, WI 53202-5306 414.271.2400 TEL 414.297.4900 FAX WWW.FOLEY.COM |
May 25, 2018
Whiting Petroleum Corporation
1700 Broadway, Suite 2300
Denver, Colorado 80290
Ladies and Gentlemen:
We have acted as counsel for Whiting Petroleum Corporation, a Delaware corporation (the “Company”), in connection with the preparation of a Registration Statement on FormS-4 (the “Registration Statement”), including the prospectus constituting a part thereof (the “Prospectus”), to be filed by 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 “Exchange Offer”) the Company’s outstanding 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”). The New Notes will be fully and unconditionally guaranteed (the “New Note Guarantees” and, together with the New Notes, the “Securities”) by Whiting Oil and Gas Corporation, a Delaware corporation (“WOGC”), Whiting US Holding Company, Delaware corporation (“Whiting US”) Whiting Canadian Holding Company ULC, a British Columbia unlimited liability company (“Whiting Canadian”) and Whiting Resources Corporation, a Colorado corporation (together with WOGC, Whiting US and Whiting Canadian, the “Guarantors”), and will be issued under an Indenture (the “Base Indenture”), dated as of September 12, 2013, among the Company, WOGC and The Bank of New York Mellon Trust Company, N.A., as trustee (the “Trustee”), as amended and supplemented by the Fifth Supplemental Indenture (the “Fifth Supplemental Indenture” and, together with the Base Indenture, the “Indenture”), dated as of December 27, 2017, among the Company, the Guarantors and the Trustee, which establish and set forth certain terms and conditions of the Securities.
As counsel to the Company in connection with our opinion, we have examined: (i) the Registration Statement, including the Prospectus and the exhibits (including those incorporated by reference) constituting a part of the Registration Statement; (ii) the Indenture; (iii) the forms of the New Notes and New Note Guarantees; and (iv) such other proceedings, documents and records as we have deemed necessary to enable us to render this opinion.
In our examination of the above referenced documents, we have assumed the genuineness of all signatures, the authenticity of all documents, certificates and instruments submitted to us as originals and the conformity with the originals of all documents submitted to us as copies. We have also assumed that (i) the Trustee is duly organized, validly existing and in good standing under the laws of its jurisdiction of organization, and is duly qualified to engage in the activities contemplated by the Indenture; (ii) the Indenture has been duly authorized, executed and delivered by, and represents the valid and binding obligation of, the Trustee, enforceable against the Trustee in accordance with its terms; (iii) the Registration Statement, including any amendments
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