Whiting Petroleum first-quarter profit jumps 27 percent

Reuters

April 30 (Reuters) - Whiting Petroleum Corp, which produces oil and natural gas in North Dakota and Colorado, said on Wednesday its quarterly profit rose 27 percent.

The company posted first-quarter net income of $109.1 million, or 91 cents per share, compared with $85.9 million, or 72 cents per share, in the year-ago period.

Production rose 12 percent to roughly 100,065 barrels of oil equivalent per day.

(Reporting by Ernest Scheyder; Editing by Meredith Mazzilli)

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