‫‪Graduate School of Business – Cairo‬‬

‫‪Master of Business Administration‬‬

‫السادة الدارسين ‪ ...‬نحيط سيادتكم علماً بأنه فى حالة إعتماد نتائج المقررات الدراسية‬

‫الخاصة بكم وعدم إجتياز أياً منها أو عدم تحقيق المعدل التراكمى المطلوب (‪ 3.00‬من ‪)4.00‬‬

‫على األقل يعتبر إختبار الحالة الشاملة الغى ويتم الرجوع إلدارة البرامج بالكلية إلنهاء‬

‫إجراءات إعادة التسجيل‬

‫‪Comprehensive Exam‬‬
‫‪November 2021‬‬
 ‫ نحيط سيادتكم علماً بأنه فى حالة إعتماد نتائج المقررات الدراسية الخاصة بكم‬... ‫السادة الدارسين‬
‫) على األقل يعتبر‬4.00 ‫ من‬3.00( ‫وعدم إجتياز أياً منها أو عدم تحقيق المعدل التراكمى المطلوب‬
‫إختبار الحالة الشاملة الغى ويتم الرجوع إلدارة البرامج بالكلية إلنهاء إجراءات إعادة التسجيل‬

Whiting Petroleum Corp: Is it possible to comeback after bankruptcy?

Many companies suffered in 2020 and declared bankruptcy due to the spread of the

Corona pandemic and the subsequent measures to restrict movement and movement, as

government measures around the world affected basic production and service sectors.

One of the companies that has suffered a lot in recent times is Whiting Petroleum Corp.

(WLL), a hydrocarbon exploration company regulated in Delaware and headquartered in

Denver, Colorado.

Oil producer Whiting Petroleum has bought large parts of the Bakken oil field over

the past few years, accumulating a massive amount of debt it was struggling to cover by

the end of 2019. With hundreds of millions of dollars of debt due in 2020, plus several

billion more over the following years, Whiting Petroleum was in trouble.

Then the first and second blow in the price war between OPEC and Russia along

with the pandemic-induced drop due to travel restrictions drove oil prices to historic lows,

sending the company's business up and stocks down more than 90% in the three months

before the company was filing for bankruptcy on April 1, 2020.

In brighter news, Whiting is trying to get back on its feet by next year after reducing

its debt by $3 billion and creating a $750 million credit facility and shares are up more than

34% since the beginning of the year.

2
 ‫ نحيط سيادتكم علماً بأنه فى حالة إعتماد نتائج المقررات الدراسية الخاصة بكم‬... ‫السادة الدارسين‬
‫) على األقل يعتبر‬4.00 ‫ من‬3.00( ‫وعدم إجتياز أياً منها أو عدم تحقيق المعدل التراكمى المطلوب‬
‫إختبار الحالة الشاملة الغى ويتم الرجوع إلدارة البرامج بالكلية إلنهاء إجراءات إعادة التسجيل‬

Accordingly, it is required to develop an integrated strategic plan for the Whiting Petroleum

in a manner that achieves the strategic goals, provided that this plan includes - for

example, but not limited to - the following aspects:

1) Vision and mission

2) The external environment assessment

3) The internal environment Assessment

4) Quadratic Analysis (SWOT / TOWS / QSPM)

5) The most important strategies that the company can use to get back on its feet

6) Strategic objectives in the next phase

7) The internal policies to be followed to implement the proposed strategies

8) Evaluation and control mechanisms that can be used