Document:

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                                                                     Exhibit 4.1

COMMON STOCK                                                        COMMON STOCK

   $.001 PAR VALUE     [GRAPHIC OMITTED]     THIS CERTIFICATE IS TRANSFERABLE IN
                                                 DENVER, CO AND NEW YORK, NY

INCORPORATED UNDER THE LAWS                                CUSIP
  OF THE STATE OF DELAWARE                   See reverse for certain definitions

                          WHITING PETROLEUM CORPORATION

           FULLY PAID AND NON-ASSESSABLE SHARES OF THE COMMON STOCK OF

 Whiting Petroleum Corporation transferable on the books of the Corporation by
 the holder hereof in person, or by duly authorized attorney, upon surrender of
    this certificate properly endorsed. This certificate is not valid unless
       countersigned and registered by the Transfer Agent and Registrar.
        Witness the facsimile signatures of its duly authorized officers.

           Dated

                                                     /s/ James J. Volker
                                                     President

COUNTERSIGNED AND REGISTERED
   COMPUTERSHARE TRUST COMPANY, INC.
                           TRANSFER AGENT
                            AND REGISTRAR            /s/ Patricia J. Miller
BY                                                   Secretary

       AUTHORIZED SIGNATURE

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                          WHITING PETROLEUM CORPORATION

            The Corporation will furnish without charge to any stockholder upon
request a copy of the full text of the powers, designations, preferences and
relative, participating, optional or other rights of the shares of each class of
stock (and any series thereof) authorized to be issued by the Corporation and
the qualifications, limitations or restrictions of such preferences and/or
rights, all as set forth in the Corporation's Amended and Restated Certificate
of Incorporation and amendments thereto filed with the Secretary of State of the
State of Delaware.

            The following abbreviations, when used in the inscription on the
face of this certificate, shall be construed as though they were written out in
full according to applicable laws or regulations:

<TABLE>
      <S>                                           <C>
      TEN COM - as tenants in common                UNIF GIFT MIN ACT - ____________ Custodian ______________
      TEN ENT - as tenants by the entireties                               Cust)                  (Minor)
       JT TEN - as joint tenants with right                             under Uniform Gifts to Minors
                of survivorship and not as tenants                      Act _______________________
                in common                                                          (State)
</TABLE>

     Additional abbreviations may also be used though not in the above list.

      FOR VALUE RECEIVED,                  hereby sell, assign and transfer unto

      Please Insert Social Security or
      Other Identifying Number of Assignee

________________________________________________________________________________
  (PLEASE PRINT OR TYPEWRITE NAME AND ADDRESS, INCLUDING ZIP CODE, OF ASSIGNEE)
________________________________________________________________________________

________________________________________________________________________________

________________________________________________________________________ Shares
of the common stock represented by the within Certificate, and do hereby
________________________________________________________________________________
irrevocably constitute and appoint
_______________________________________________________________________ Attorney
to transfer the said stock on the books of the within-named Corporation with
________________________________________________________________________________
full power of substitution in the premises.

Dated __________

                         _______________________________________________
                 NOTICE: THE SIGNATURE TO THIS ASSIGNNMENT MUST
                         CORRESPOND WITH THE NAME AS WRITTEN UPON THE
                         FACE OF THE CERTIFICATE IN EVERY PARTICULAR,
                         WITHOUT ALTERATION OR ENLARGEMENT OR ANY
                         CHANGE WHATEVER.

SIGNATURE(S) GUARANTEED: _______________________________________________
                         THE SIGNATURE(S) MUST BE GUARANTEED BY AN
                         ELIGIBLE GUARANTOR INSTITUTION (BANKS,
                         STOCKBROKERS, SAVINGS AND LOAN ASSOCIATIONS AND
                         CREDIT UNIONS WITH MEMBERSHIP IN AN APPROVED
                         SIGNATURE GUARANTEE MEDALLION PROGRAM),
                         PURSUANT TO SEC RULE 17Ad-15.<PAGE>

                                                                    Exhibit 10.1

                          MASTER SEPARATION AGREEMENT

         This Master Separation Agreement (this "Agreement"), dated
______________, 2003, is by and among Whiting Petroleum Corporation, a Delaware
corporation ("WPC"), Whiting Oil and Gas Corporation, a Delaware corporation
("Whiting"), Alliant Energy Corporation, a Wisconsin corporation ("Alliant
Energy"), and Alliant Energy Resources, Inc., a Wisconsin corporation
("Resources").

                                    RECITALS

         WHEREAS, Resources owns 1,000 shares of common stock, par value $1.00
per share, of Whiting (the "Whiting Common Stock"), such stock being all of the
issued and outstanding capital stock of Whiting;

         WHEREAS, Resources desires to transfer all of the Whiting Common Stock
to WPC in exchange for (i) the issuance by WPC to Resources of _______________
shares of Common Stock, par value $0.001 per share, of WPC (the "WPC Common
Stock"), which will constitute all of the issued and outstanding capital stock
of WPC upon issuance, (ii) the issuance by WPC to Resources of a promissory note
in the principal amount of $___________, (iii) the execution of a Tax Separation
and Indemnification Agreement in the form attached hereto as Exhibit A (the "Tax
Separation and Indemnification Agreement") and (iv) the other consideration
described in this Agreement (such transactions are referred to herein as the
"Exchange"), and WPC desires to effect the Exchange;

         WHEREAS, Resources and WPC desire the exchange to be treated, for tax
purposes only, as the sale by Whiting of all its assets to WPC followed by
Whiting's liquidation, pursuant to an election by Resources and WPC under
Section 338(h)(10) of the Internal Revenue Code of 1986, as amended, and the
corresponding provisions under state, local and foreign law;

         WHEREAS, prior to the execution of this Agreement, Alliant Energy,
Resources, WPC and Whiting have entered into a purchase agreement, dated as of
___________, 2003, with the underwriters named therein (the "Purchase
Agreement") providing for the binding obligation by Resources to sell __________
shares of WPC Common Stock in an underwritten public offering (the "IPO"), and
providing to the underwriters an option to purchase up to an additional
__________ shares of WPC Common Stock from Resources; and

         WHEREAS, WPC, Whiting, Alliant Energy and Resources desire to enter
into this Agreement to set forth their agreement regarding certain corporate
governance matters and certain other matters with respect to the ongoing
relationship between WPC, Whiting, Alliant Energy and Resources after the IPO.

         NOW THEREFORE, in consideration of the representations, warranties and
covenants of the parties contained herein, and for good and valuable
consideration the receipt and sufficiency of which are hereby acknowledged, the
parties hereto agree as follows:

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                                   Article I
                         REPRESENTATIONS AND WARRANTIES

     Section 1.1 Representations of Alliant Energy and Resources. Alliant Energy
and Resources hereby represent and warrant to WPC and Whiting that:

           (a)   The Whiting Common Stock is lawfully owned of record by
Resources and beneficially owned by Alliant Energy.

           (b)   Alliant Energy and Resources have full legal right, power and
authority to enter into this Agreement and to sell, assign, transfer and convey
the Whiting Common Stock hereunder.

           (c)   The delivery of the Whiting Common Stock to WPC pursuant to
this Agreement will transfer to WPC valid title to the Whiting Common Stock,
free and clear of all liens, encumbrances, restrictions and claims of every
kind.

           (d)   The execution, delivery and performance by Alliant Energy and
Resources of this Agreement have been duly authorized by all necessary corporate
action.

           (e)   This Agreement has been duly executed and delivered by Alliant
Energy and Resources and, assuming the due authorization, execution and delivery
of this Agreement by WPC and Whiting, represents a valid and binding obligation
of Alliant Energy and Resources, enforceable against Alliant Energy and
Resources in accordance with its terms, subject to bankruptcy, insolvency and
other laws affecting creditors' rights generally and subject to general
equitable principles.

     Section 1.2 Representations of WPC. WPC hereby represents and warrants to
Alliant Energy and Resources that:

           (a)   Upon the issuance of the WPC Common Stock to Resources pursuant
to this Agreement, the WPC Common Stock shall constitute all of the issued and
outstanding capital stock of WPC.

           (b)   WPC has full legal right, power and authority to enter into
this Agreement and to issue the WPC Common Stock hereunder.

           (c)   The delivery of the WPC Common Stock to Resources pursuant to
this Agreement will transfer to Resources valid title to the WPC Common Stock,
free and clear of all liens, encumbrances, restrictions and claims of every
kind.

           (d)   The execution, delivery and performance by WPC of this
Agreement have been duly authorized by all necessary corporate action.

           (e)   This Agreement has been duly executed and delivered by WPC and,
assuming the due authorization, execution and delivery of this Agreement by
Alliant Energy, Resources and Whiting, represents a valid and binding obligation
of WPC, enforceable against WPC in accordance with its terms, subject to
bankruptcy, insolvency and other laws affecting creditors' rights generally and
subject to general equitable principles.

                                       -2-

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           (f)   WPC is acquiring the Whiting Common Stock for investment and
not with a view toward distribution in violation of any applicable securities
laws.

           (g)   WPC hereby represents that it has no present plan or intention
to (i) enter into any transaction a significant purpose of which is to reduce
the amount of tax benefits otherwise payable to Resources under the Tax
Separation and Indemnification Agreement, (ii) enter into any transaction which
may result in the disqualification or invalidation of the Section 338(h)(10)
Election (as that term is defined in the Tax Separation and Indemnification
Agreement), which transactions include but are not limited to the merger,
liquidation, conversion or other corporate transactions involving Whiting which
may result in the Internal Revenue Service (or other applicable tax authority,
as the case may be) disqualifying or invalidating any Section 338(h)(10)
Election, or (iii) sell, distribute or otherwise dispose of any assets of WPC
(including the stock of Whiting acquired pursuant to this Agreement) or Whiting
other than assets disposed of by Whiting in the ordinary course of business.

           (h)   WPC has not engaged in any business or activities other than
such actions as are necessary to prepare and execute the documents and take
actions necessary or desirable for the IPO.

     Section 1.3 Representations of Whiting. Whiting hereby represents and
warrants to Alliant Energy and Resources that:

           (a)   The Whiting Common Stock constitutes all of the issued and
outstanding capital stock of Whiting.

           (b)   The execution, delivery and performance by Whiting of this
Agreement have been duly authorized by all necessary corporate action.

           (c)   This Agreement has been duly executed and delivered by Whiting
and, assuming the due authorization, execution and delivery of this Agreement by
Alliant Energy, Resources and WPC, represents a valid and binding obligation of
Whiting, enforceable against Whiting in accordance with its terms, subject to
bankruptcy, insolvency and other laws affecting creditors' rights generally and
subject to general equitable principles.

                                   Article II
                                  The Exchange

     Section 2.1 Exchange of Stock. Effective as of immediately prior to the
closing of the IPO, Resources will sell, assign, transfer and convey to WPC all
of the Whiting Common Stock. In consideration of, and effective concurrently
with such transfer, WPC will (a) issue to Resources all of the WPC Common Stock,
(b) issue to Resources a promissory note in the aggregate principal amount of
$____________ in the form attached hereto as Exhibit B (the "Note"), and (c)
deliver the executed Tax Separation and Indemnification Agreement .

     Section 2.2 Deliveries. Effective immediately prior to the closing of the
IPO, (a) Resources will deliver to WPC stock certificates in proper form for
transfer representing the Whiting Common Stock, duly endorsed in blank or
accompanied by appropriate stock powers

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executed by Resources, (b) WPC will deliver to Resources stock certificates in
proper form for transfer representing the WPC Common Stock and (c) WPC will
deliver to Resources the Note.

                                   Article III
                      IPO AND corporate GOVERNANCE MATTERS

     Section 3.1 Actions Prior to IPO.

           (a)   Until such time as WPC issues stock and any such stock is
registered with the Securities and Exchange Commission under the Securities Act
of 1933, as amended (the "Securities Act"), and trades on a public market, WPC
will not engage in any business other than taking such actions as are necessary
or desirable to effect the IPO.

           (b)   Prior to the closing of the IPO or the earlier termination of
the Purchase Agreement, Resources shall not be entitled to vote the WPC Common
Stock or to receive dividends in respect thereof.

     Section 3.2 Board of Directors.

           (a)   In connection with any election of directors of WPC or Whiting,
as the case may be, so long as Alliant Energy beneficially own shares of WPC
Common Stock representing at least 10% of the outstanding shares of WPC Common
Stock, Alliant Energy shall have the right to designate and WPC and Whiting
shall cause the nomination of such number of directors of WPC and Whiting,
respectively, such that after such election (assuming all such Alliant Energy
designees are elected to the Board of Directors), the number of directors to be
designated by Alliant Energy will be equal to the product (rounded up to the
nearest whole number) of (i) the percentage of the voting power of the
outstanding shares of WPC Common Stock beneficially owned by Alliant Energy
multiplied by (ii) the total number of members of WPC's Board of Directors or
Whiting's Board of Directors, as the case may be; provided that in no event
shall the number of directors designated by Alliant Energy pursuant to this
provision constitute (1) more than 50% of the members of WPC's Board of
Directors or Whiting's Board of Directors or (2) less than one member of WPC's
Board of Directors or Whiting's Board of Directors. If a vacancy occurs or
exists on the WPC or Whiting Board of Directors at any time, including but not
limited to a vacancy because of the death, disability, retirement, resignation
or removal of any director for cause or otherwise, and the vacant position was
held by a director designated by Alliant Energy, then Alliant Energy shall have
the sole right to designate an individual to fill such vacancy and, subject to
the fiduciary duties of directors, the WPC Board of Directors or the Whiting
Board of Directors, as the case may be, shall elect such nominee to fill such
vacancy. To the extent permitted by law, WPC shall use its reasonable best
efforts to solicit from the stockholders of WPC eligible to vote for the
election of directors proxies in favor of the nominees designated by WPC's Board
of Directors in accordance with this Section 3.2(a). WPC shall vote its shares
of Whiting Common Stock in favor of the nominees designated by Whiting's Board
of Directors in accordance with this Section 3.2(a).

           (b)   If at any time the total number of directors of WPC or Whiting
is increased or decreased, then the number of directors that Alliant Energy
shall have the right to designate pursuant to Section 3.2(a) shall as promptly
as practicable be increased or decreased so that the adjusted ratio of directors
designated by Alliant Energy to the total number of directors is not less

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than the ratio of directors designated by Alliant Energy (determined immediately
prior to such increase or decrease in accordance with the provisions of Section
3.2(a)) to the total number of directors of WPC or Whiting, as the case may be,
immediately prior to such increase or decrease, as the case may be (the
"Ratio"). In such event, Alliant Energy and WPC and/or Whiting, as the case may
be, shall take such steps consistent with the provisions of Section 3.2(a) to
effectuate such increase or decrease of directors designated by Alliant Energy
in relation to the Ratio as rapidly as reasonably possible.

           (c)   If the number of Alliant Energy designees serving on the WPC
Board of Directors or Whiting Board of Directors shall at any time exceed the
number of Alliant Energy designees determined pursuant to Sections 3.2(a) and
3.2(b) (such difference being called the "Excess Director Number"), then Alliant
Energy shall cause a number of Alliant Energy designees equal to the Excess
Director Number to promptly resign from the WPC Board of Directors or Whiting
Board of Directors.

     Section 3.3 Definition of Covered Action. For purposes of this Agreement, a
"Covered Action" shall mean any of the following actions:

           (a)   The issuance by WPC or Whiting of equity securities or
securities convertible into, exchangeable for, or options or rights to acquire
any equity securities of WPC (except for securities issued pursuant to any of
WPC's or Whiting's employee stock option or employee benefits plans);

           (b)   The declaration, setting aside, making or payment of any
dividend or other distribution, payable in cash, stock, property or otherwise,
with respect to any of WPC's capital stock;

           (c)   The direct or indirect redemption, repurchase or other
acquisition by WPC of any of its capital stock;

           (d)   Any merger or consolidation of WPC or Whiting with or into any
person or the consummation of a similar business combination, transaction or
series of transactions;

           (e)   Any amendment to WPC's certificate of incorporation or by-laws;

           (f)   The taking of any action, or recommending to WPC's stockholders
any action that would impose any limitation on the rights of a stockholder of
WPC or that would deny any benefit to a stockholder of WPC proportionately as a
holder of WPC Common Stock that is made available to other holders of WPC Common
Stock;

           (g)   The adoption by WPC of a stockholder rights plan, a "poison
pill" plan or similar plan; or

           (h)   The adoption of a plan of complete or partial liquidation,
dissolution or winding-up of the business of WPC or Whiting.

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       Section 3.4 Corporate Action Regarding Covered Actions.

             (a)   So long as Alliant Energy beneficially owns 10% or more of
the WPC Common Stock, WPC and Whiting agree not to take, or enter into any
agreement in writing or otherwise to take, a Covered Action unless such Covered
Action has been first submitted to Alliant Energy for its approval and Alliant
Energy has approved such Covered Action in writing in accordance with the
provisions of Section 3.4(b).

             (b)   Any request for Alliant Energy's approval of a Covered Action
shall be submitted in writing to Alliant Energy by notice which shall (i)
describe the Covered Action in reasonable detail, and include reasonably
sufficient information (including such information as is given or will be given
to the WPC and/or Whiting Board of Directors) for Alliant Energy to make a
determination pursuant to this Section 3.4(b) and (ii) indicate that such notice
is a formal request for Alliant Energy's approval pursuant to this Agreement.
WPC shall promptly provide Alliant Energy with all information requested by
Alliant Energy which is in the possession of, or reasonably obtainable by, WPC
and relates to the Covered Action. Alliant Energy shall in good faith use its
commercially reasonable efforts to respond to such request as expeditiously as
possible, but shall in no event respond later than ten business days after
receipt of such notice (or such later date as WPC and Alliant Energy shall
agree).

       Section 3.5 Actions Requiring Supermajority Vote. WPC and Whiting shall
not take, or enter into any agreement in writing or otherwise to take, any of
the following actions unless such action is first approved by the affirmative
vote of at least sixty-six and two-thirds percent of the members of WPC's Board
of Directors:

             (a)   The approval of WPC's and Whiting's collective annual budget
for acquisitions and drilling;

             (b)   The creation, incurrence or assumption of any indebtedness
for borrowed money of WPC or any subsidiary of WPC in an aggregate amount in
excess of the borrowing base under that certain Credit Agreement, dated December
20, 2002, among Whiting, the financial institutions listed therein, Bank One, NA
as Administrative Agent, and Wachovia Bank, N.A. as Syndication Agent, as
amended from time to time;

             (c)   Any acquisition or series of acquisitions by WPC or any
subsidiary of WPC, whether by merger, stock acquisition, asset purchase or
otherwise, of any business or assets for which the aggregate consideration,
including liabilities assumed, exceeds $25 million;

             (d)   Any sale or other disposition or series of related sales or
dispositions by WPC or any subsidiary of WPC, whether by merger, stock
disposition, asset sale or otherwise, of any business or assets for which the
greater of the fair market value or the aggregate consideration, including
liabilities assumed, to be received by WPC or Whiting exceeds $25 million;

             (e)   The approval of WPC's and Whiting's collective annual capital
and operating budgets, or any change to such budget involving 15% or more of the
total amount of such budget;

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             (f) The entering into of any joint venture outside of the ordinary
course of the business of WPC or any subsidiary of WPC not in the ordinary
course and that will involve an investment, contribution of assets or obligation
of more than $5 million;

             (g)   Any increase in excess of 20% in one year to the compensation
or benefits payable to any of the officers or directors of WPC or Whiting;

             (h)   Any new employment, consulting or similar agreement or any
amendment to any existing employment, consulting or similar agreement between
WPC or Whiting and any of its officers or directors; or

             (i)   Any plan to hedge Whiting's oil and/or natural gas production
in excess of 60% of Whiting's then current net monthly sales volume.

                                   ARTICLE IV
                                OTHER AGREEMENTS

       Section 4.1 Registration Rights Agreement. Immediately following the
execution and delivery of this Agreement, Alliant Energy, Resources and WPC
shall execute and deliver the Registration Rights Agreement attached hereto as
Exhibit C (the "Registration Rights Agreement").

       Section 4.2 Tax Separation and Indemnification Agreement. Immediately
following the execution and delivery of this Agreement, Alliant Energy,
Resources, WPC and Whiting shall execute and deliver the Tax Separation and
Indemnification Agreement.

       Section 4.3 Service Agreement. Alliant Energy and Resources agree that,
following the consummation of the Exchange, neither WPC nor Whiting shall be
required to use any services provided by Alliant Energy or its Affiliates (as
defined in Section 8.1). If WPC and/or Whiting request any services to be
provided by Alliant Energy or its Affiliates, such services shall be provided
pursuant to that certain Services Agreement (Non-Utility Companies), dated May
22, 1998, among Alliant Industries, Inc. (n/k/a Alliant Energy Resources, Inc.),
IPC Development Company, Inc. and Alliant Services Company, Inc. (n/k/a Alliant
Energy Corporate Services, Inc.) until such time as Alliant Energy beneficially
owns less than ten percent (10%) of the outstanding shares of WPC Common Stock.

                                    ARTICLE V
                                  PUHCA MATTERS

       Section 5.1 Compliance with PUHCA. For so long as WPC or Whiting remains
a "subsidiary company", as defined under the Public Utility Holding Company Act
of 1935, as amended ("PUHCA"), of Alliant Energy, WPC agrees that it will, and
will cause Whiting and WPC's other direct or indirect subsidiaries to comply
with all applicable provisions of PUHCA and all applicable rules, regulations
and orders promulgated or issued by the Securities and Exchange Commission (the
"SEC") under PUHCA.

       Section 5.2 Energy Asset Investments. Alliant Energy agrees that WPC and
Whiting shall collectively be entitled to the use of up to $300 million of the
total authority to make

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investments in "energy assets" (as defined in the SEC Omnibus Order, dated
October 3, 2001, relating to Alliant Energy (the "SEC Order")) granted to
Alliant Energy pursuant to the SEC Order. Each of Alliant Energy, WPC and
Whiting agrees to cooperate with each other and to use its reasonable best
efforts to obtain an order from the SEC to the effect set forth in
Post-Effective Amendment No. 3 to the Application or Declaration on Form U-1
under PUHCA (File No. 70-9891) filed with the SEC on September __, 2003, which
would provide WPC and Whiting authority to invest up to $800 million at any one
time outstanding in "energy assets" (including existing investments in "energy
assets" of the date of the IPO), provided that such order will not materially
decrease Alliant Energy's ability to continue to make limited investments in
"energy assets." WPC and Whiting shall be responsible for any and all costs
associated with seeking or obtaining such an order.

       Section 5.3 Exemption from PUHCA. Whiting and/or WPC may seek a no-action
letter, order or other determination by the SEC or its staff, to the extent
available, that Whiting and/or WPC will not be considered a "subsidiary company"
of Alliant Energy under PUHCA. At WPC's and/or Whiting's request, Alliant Energy
shall cooperate with WPC and Whiting and use its reasonable best efforts to
assist WPC and Whiting in obtaining such a determination. WPC and Whiting shall
be responsible for any and all costs associated with seeking or obtaining such a
determination.

                                   ARTICLE VI
                             EMPLOYEE BENEFIT PLANS

       Section 6.1 Phantom Equity Plan.

             (a)   WPC and Whiting hereby represent and warrant to Alliant
Energy and Resources that the Whiting Petroleum Corporation Phantom Equity Plan
(the "Phantom Plan") has been amended effective prior to the date hereof to
provide that any and all issuances of stock pursuant to the Phantom Plan shall
be made with shares of WPC Common Stock.

             (b)   WPC and Whiting agree (i) to withhold from payments to
participants under the Phantom Plan (whether through withholding of shares of
WPC Common Stock or cash) all amounts required by law and to pay all such
amounts to the Internal Revenue Service or other appropriate federal, state,
local or foreign governmental agency and (ii) that any cash payments made
pursuant to the Phantom Plan, including but not limited to any payments (A) to
participants under the Phantom Plan or (B) to any governmental agencies for
taxes payable (including, without limitation, the withholding obligations under
clause (i) above) with respect to payments to participants under the Phantom
Plan, shall be made by WPC or Whiting.

             (c)   WPC and Whiting agree to terminate the Phantom Plan as soon
as all payments to participants arising out of the Triggering Event (as defined
in the Phantom Plan) caused by the IPO have been made.

                                  ARTICLE VII
                              ACCESS TO INFORMATION

       Section 7.1 Financial Information. For so long as Alliant Energy
beneficially owns at least 10% of the outstanding shares of WPC Common Stock,
and with respect to any financial

                                       -8-

<PAGE>

reporting period during which Alliant Energy beneficially owned at least 10% of
the outstanding shares of WPC Common Stock:

             (a)   WPC shall provide to Alliant Energy within a mutually agreed
upon period after the end of each fiscal quarter and of each fiscal year, the
unaudited balance sheet, income statement and statement of cash flows of WPC and
its subsidiaries as ofthe end of such period;

             (b)   WPC shall provide to Alliant Energy such financial
information or documents in the possession of WPC or any of its subsidiaries as
Alliant Energy may reasonably request;

             (c)   WPC shall provide to Alliant Energy on a monthly basis such
management and other periodic reports related to financial information in form
and substance consistent with the practice of Whiting as of the date of this
Agreement; and

             (d)   WPC shall provide Alliant Energy with access to the employees
and other advisors of WPC and its subsidiaries who participated in the
preparation and review of the financial statements and management and periodic
reports provided to Alliant Energy pursuant to this Section 8.1.

       Section 7.2 Audit Rights. WPC shall allow, and shall cause Whiting to
allow, on reasonable notice, Alliant Energy or its representatives to audit or
review the affairs of WPC or Whiting, including (a) having access to (and taking
copies of) the records of WPC and Whiting (and the working papers of their
accountants) and (b) having access to the premises of WPC, Whiting or any
subsidiary of WPC or Whiting and the ability to consult and discuss matters with
the auditors, advisors and management of WPC and Whiting (during normal office
hours). WPC and Whiting shall cooperate fully with Alliant Energy and its
representatives in connection with any such audit or review. In addition, WPC
and Whiting shall use all reasonable efforts to allow the independent
accountants of Alliant Energy to audit the working papers of and to assist in
any review undertaken by WPC's or Whiting's independent accountants. Alliant
Energy shall coordinate its efforts in good faith with, and work with and
through, the Audit Committee of WPC's Board of Directors and WPC's or Whiting's
internal audit department to accomplish such objectives.

                                  ARTICLE VIII
                                GUARANTEE BY WPC

       Section 8.1 Guarantee. WPC irrevocably and unconditionally guarantees to
Alliant Energy and Resources the due performance by Whiting and its Affiliates
(as defined below) of their respective covenants, obligations and duties,
whether now or hereafter existing, to Alliant Energy and Resources and their
respective Affiliates under the Tax Separation and Indemnification Agreement so
that in the event Whiting or its Affiliates fail to observe or perform any
covenant, obligation or duty on their part to be observed or performed
thereunder, WPC will observe and perform that covenant, obligation or duty, as
the case may be. "Affiliate", for purposes of this Agreement, means any person
or entity that immediately following the IPO or at any time thereafter directly
or indirectly controls or is controlled by or is under the common control of the
party referred to and includes, without limitation, any subsidiary whose parent
owns 50% or more of its voting securities. Notwithstanding the foregoing, for
purposes of this

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Agreement, (a) Affiliates of Alliant Energy or Resources shall not include any
entities that would not be Affiliates of Alliant Energy or Resources but for
Resources owning shares of WPC or an officer or director of Resources or Alliant
Energy serving as an officer or director of WPC, and (b) Affiliates of WPC shall
not include Alliant Energy, Resources or any Affiliates of Alliant Energy or
Resources.

       Section 8.2 No Discharge of Liability. The liability of WPC pursuant to
this Article VIII shall not be discharged or affected in any way by (a) the
granting of an extension of time or other indulgence or concession to any of
Whiting or its Affiliates under the Tax Separation and Indemnification
Agreement, (b) any amendment to the Tax Separation and Indemnification
Agreement, (c) any compromise, release, abandonment, waiver, variation or
relinquishment of the rights of any of Alliant Energy or Resources or their
respective Affiliates against any of Whiting or its Affiliates under the Tax
Separation and Indemnification Agreement or by any omission to enforce such
rights, (d) any present or future law, regulation or order of any jurisdiction
or of any agency thereof purporting to reduce, amend, restructure or otherwise
affect any term of any obligation of Whiting or its Affiliates under the Tax
Separation and Indemnification Agreement, or (e) any other act, omission,
dealing or matter whatsoever (including, without limitation, any change in the
certificate of incorporation or bylaws of any of Whiting or its Affiliates or
the liquidation, dissolution, reorganization or merger of any of Whiting or its
Affiliates) that would or might release WPC from any or all of its obligations
under this Article VIII.

       Section 8.3 Term. The guarantee provided under this Article VIII shall be
continuing and shall remain in full force and effect until 120 days after the
due performance, observance and fulfillment by Whiting and its Affiliates of all
of their respective covenants, terms, provisions and conditions contained in the
Tax Separation and Indemnification Agreement. Notwithstanding the foregoing, if
at any time after the termination of the guarantee provided under this Article
VIII pursuant to the preceding sentence, any payment made under the Tax
Separation and Indemnification Agreement is rescinded or must be returned or
repaid due to the insolvency, bankruptcy or reorganization of any of Whiting or
its Affiliates or pursuant to any provision of the Tax Separation and
Indemnification Agreement, the guarantee provided under this Article VIII shall
be reinstated.

       Section 8.4 No Waiver or Prejudice. The guarantee provided under this
Article VIII is in addition to and shall not waive or prejudice or be waived or
prejudiced by any other guarantee, indemnity, security, claim, right or remedy
against any third party that any of Alliant Energy or Resources or their
respective Affiliates may have for the due performance of the obligations
guaranteed hereby, including, without limitation, any rights that any of Alliant
Energy or Resources or their respective Affiliates may have against any of WPC
or Whiting or any of their respective Affiliates under the Tax Separation and
Indemnification Agreement or otherwise at law or equity.

       Section 8.5 Amounts Recoverable. Any amount not paid by Whiting or its
Affiliates properly due under the Tax Separation and Indemnification Agreement
and not recoverable from WPC on the basis of a guarantee (whether because of any
legal limitation, disability or incapacity on the part of Whiting or its
Affiliates or any other matter or thing, whether or not known to Alliant Energy
or Resources or their respective Affiliates) shall be nevertheless recoverable
from WPC on the basis of a full indemnity.

                                      -10-

<PAGE>

    Section 8.6  Remedies. WPC shall be deemed to be primarily and jointly and
severally liable with Whiting and its Affiliates to observe and perform the
covenants, obligations and duties on the respective parts of Whiting and its
Affiliates under the Tax Separation and Indemnification Agreement and to
indemnify Alliant Energy and Resources and their respective Affiliates in
respect of all those matters for which Whiting and its Affiliates are
responsible to Alliant Energy and Resources and their respective Affiliates
under the Tax Separation and Indemnification Agreement. Alliant Energy and
Resources and their respective Affiliates may require WPC to observe and perform
all such covenants, obligations and duties as aforesaid and to indemnify Alliant
Energy and Resources and their respective Affiliates as aforesaid without first
(or ever) taking proceedings against Whiting or its Affiliates or any other
persons. WPC waives any right that it may have to require any of Alliant Energy
or Resources or their respective Affiliates to proceed against Whiting, its
Affiliates or any other person or to exhaust any security held by any of Alliant
Energy, Resources, their respective Affiliates or any other person, or to pursue
any other remedy in its power.

    Section 8.7  No Subrogation. WPC hereby waives and shall have no right of
subrogation with respect to any payment made pursuant to its guarantee under
this Article VIII.

    Section 8.8  Waiver of Formalities. WPC hereby waives all presentment,
demands for performance, protests, notices of nonperformance, protest, dishonor,
amendment or acceptance of the guarantee, and any other formality with respect
to any of the obligations of the guarantee under this Article VIII.

                                   ARTICLE IX
                                 INDEMNIFICATION

    Section 9.1  Indemnification of WPC and its Affiliates.

            (a)  Alliant Energy and Resources, jointly and severally, shall
indemnify and hold WPC, Whiting, their respective officers and directors and
each person, if any, who controls WPC or Whiting within the meaning of either
Section 11 of the Securities Act or Section 20 of the Securities Exchange Act of
1934, as amended (the "WPC Indemnified Parties"), harmless from:

                 (i)   Any and all losses, liabilities, claims and damages the
    substance of which are based solely on the information provided by Alliant
    Energy about Alliant Energy or Resources set forth under the headings "Stock
    Ownership of Management and Selling Stockholder" and "Relationship with
    Alliant Energy Corporation" in the Registration Statement on Form S-1
    (Registration No. 333-107341) filed with the SEC with respect to the IPO
    (such Registration Statement, as amended, is hereinafter called the "IPO
    Registration Statement");

                 (ii)  Any losses, liabilities, claims and damages resulting
    from the breach of any representation, warranty or covenant by Alliant
    Energy or Resources set forth in this Agreement, the Registration Rights
    Agreement or the Tax Separation and Indemnification Agreement; and

                 (iii) Any reasonable costs or expenses, including reasonable
    attorneys' fees and expenses (subject to certain limitations when Alliant
    Energy is defending the

                                      -11-

<PAGE>

     claim in accordance with Section 9.1(c)), of the WPC Indemnified Parties
     incident to a loss, liability, claim or damage for which the WPC
     Indemnified Parties are entitled to be indemnified pursuant to Section
     9.1(a)(i) or 9.1(a)(ii) above.

               (b) The indemnity obligation under this Section 9.1 shall apply
without regard to whether the loss, liability, claim, damage, cost or expense
for which indemnity is claimed hereunder was caused by the negligence of any of
the WPC Indemnified Parties (whether such negligence be sole, joint or
concurrent, active or passive), or whether such loss, liability, claim, damage,
cost or expense is based on strict liability, absolute liability or arising as
an obligation or contribution.

               (c) After receipt by a WPC Indemnified Party of notice, or a WPC
Indemnified Party's actual discovery, of any action, proceeding, claim, demand,
or potential claim that could give rise to a right to indemnification pursuant
to any provision of this Agreement (any of which is individually referred to as
a "WPC Circumstance"), such WPC Indemnified Party shall give Alliant Energy
written notice describing the WPC Circumstance in reasonable detail; provided,
however, that no delay by such WPC Indemnified Party in notifying Alliant Energy
shall relieve Alliant Energy and Resources from any liability or obligation
hereunder unless (and then solely to the extent) Alliant Energy's or Resources'
position is actually adversely prejudiced. In the event Alliant Energy notifies
WPC within fifteen days after such notice that Alliant Energy is assuming the
defense thereof, (i) Alliant Energy will defend the WPC Indemnified Parties
against the WPC Circumstances with counsel of its choice, provided such counsel
is reasonably satisfactory to WPC, (ii) the WPC Indemnified Parties may retain
separate co-counsel at its or their sole cost and expense (except that Alliant
Energy will be responsible for the fees and expenses for the separate co-counsel
to the extent WPC reasonably concludes that the counsel Alliant Energy has
selected has a conflict of interest), (iii) the WPC Indemnified Parties will not
consent to the entry of any judgment or enter into any settlement with respect
to the WPC Circumstances without the written consent of Alliant Energy and (iv)
Alliant Energy will not consent to the entry of any judgment with respect to the
WPC Circumstances, or enter into any settlement which does not include a
provision whereby the plaintiff or claimant in the matter releases the WPC
Indemnified Parties from all liability with respect thereto, without the written
consent of WPC. In the event Alliant Energy does not notify WPC within fifteen
(15) days after a WPC Indemnified Party has given notice of the WPC Circumstance
that Alliant Energy is assuming the defense thereof, the WPC Indemnified Parties
may defend against, or enter into any settlement with respect to, the WPC
Circumstance in any manner the WPC Indemnified Parties reasonably may deem
appropriate, at Alliant Energy's cost.

             (d) Indemnification under this Section 9.1 shall be in addition
to any remedies the WPC Indemnified Parties may have at law or equity; provided,
however, that in no event shall Alliant Energy and Resources (considered for
this purpose as one entity) be obligated to the WPC Indemnified Parties under
this Agreement or otherwise to pay in connection with this Agreement or
otherwise any amount in excess of the aggregate net proceeds received by
Resources in the IPO.

     Section 9.2 Indemnification of Alliant Energy and Its Affiliates.

             (a) WPC and Whiting, jointly and severally, shall indemnify and
hold Alliant Energy and Resources, their respective officers and directors, and
each person, if any, who

                                      -12-

<PAGE>

controls Alliant Energy or Resources within the meaning of either Section 11 of
the Securities Act or Section 20 of the Securities Exchange Act of 1934, as
amended (the "Alliant Energy Indemnified Parties"), harmless from:

              (i)   Any and all losses, liabilities, claims and damages related
     to the conduct of the business of WPC and Whiting prior to and after the
     IPO, except (1) any losses, liabilities, claims or damages arising out of
     Resources' guarantees to (A) Point Arguello Pipeline Company and its
     partners of the obligations of Whiting Programs, Inc. under that certain
     Guaranty Agreement, dated November 30, 1994, (B) Point Arguello Natural Gas
     Line Company and its partners of the obligations of Whiting Programs, Inc.
     under that certain Guaranty Agreement, dated November 30, 1994 and (C)
     Gaviota Gas Plant Company and its partners of the obligations of Whiting
     Programs, Inc. under that certain Guaranty Agreement, dated November 30,
     1994 or (2) any losses, liabilities, claims and damages related to the
     issuance by Alliant Energy of shares of its common stock in connection with
     the acquisition by Whiting of Okie Crude Company, Elba Gas Company, Kimble
     Gas Gathering Company, Okie Energy Company, Keener Energy Company and
     Golden Gas Production Company;

              (ii)  Any and all losses, liabilities, claims and damages related
     to the IPO or the IPO Registration Statement, including any and all amounts
     payable by Alliant Energy or Resources pursuant to the indemnification or
     contribution provisions of the Purchase Agreement, except any losses,
     liabilities, claims or damages the substance of which are based solely on
     the information provided by Alliant Energy about Alliant Energy or
     Resources set forth under the headings "Stock Ownership of Management and
     Selling Stockholder" and "Relationship with Alliant Energy Corporation" in
     the IPO Registration Statement;

              (iii) Any losses, liabilities, claims and damages resulting from
     the breach of any representation, warranty or covenant by WPC or Whiting
     set forth in this Agreement, the Registration Rights Agreement or the Tax
     Separation and Indemnification Agreement; and

              (iv)  Any reasonable costs or expenses, including reasonable
     attorneys' fees and expenses (subject to certain limitations when WPC is
     defending the claim in accordance with Section 9.2(c)), of the Alliant
     Energy Indemnified Parties incident to a loss, liability, claim or damage
     for which the Alliant Energy Indemnified Parties are entitled to be
     indemnified pursuant to Section 9.2(a)(i), 9.2(a)(ii) or 9.2(a)(iii) above.

          (b) The indemnity obligation under this Section 9.2 shall apply
without regard to whether the loss, liability, claim, damage, cost or expense
for which indemnity is claimed hereunder was caused by the negligence of any of
the Alliant Energy Indemnified Parties (whether such negligence be sole, joint
or concurrent, active or passive), or whether such loss, liability, claim,
damage, cost or expense is based on strict liability, absolute liability or
arising as an obligation or contribution.

          (c) After receipt by an Alliant Energy Indemnified Party of notice, or
an Alliant Energy Indemnified Party's actual discovery, of any action,
proceeding, claim, demand, or potential claim that could give rise to a right to
indemnification pursuant to any provision of this

                                      -13-

<PAGE>

Agreement (any of which is individually referred to as an "Alliant Energy
Circumstance"), such Alliant Energy Indemnified Party shall give WPC written
notice describing the Alliant Energy Circumstance in reasonable detail;
provided, however, that no delay by such Alliant Energy Indemnified Party in
notifying WPC shall relieve WPC or Whiting from any liability or obligation
hereunder unless (and then solely to the extent) WPC's or Whiting's position is
actually adversely prejudiced. In the event WPC notifies such Alliant Energy
Indemnified Party within fifteen (15) days after such notice that WPC is
assuming the defense thereof, (i) WPC will defend the Alliant Energy Indemnified
Parties against the Alliant Energy Circumstances with counsel of its choice,
provided such counsel is reasonably satisfactory to Alliant Energy, (ii) the
Alliant Energy Indemnified Parties may retain separate co-counsel at its or
their sole cost and expense (except that WPC will be responsible for the fees
and expenses for the separate co-counsel to the extent Alliant Energy reasonably
concludes that the counsel WPC has selected has a conflict of interest), (iii)
the Alliant Energy Indemnified Parties will not consent to the entry of any
judgment or enter into any settlement with respect to the Alliant Energy
Circumstances without the written consent of WPC and (iv) WPC will not consent
to the entry of any judgment with respect to the Alliant Energy Circumstances,
or enter into any settlement which does not include a provision whereby the
plaintiff or claimant in the matter releases the Alliant Energy Indemnified
Parties from all liability with respect thereto, without the written consent of
Alliant Energy. In the event WPC does not notify Alliant Energy within fifteen
(15) days after an Alliant Energy Indemnified Party has given notice of the
Alliant Energy Circumstance that WPC is assuming the defense thereof, the
Alliant Energy Indemnified Parties may defend against, or enter into any
settlement with respect to, the Alliant Energy Circumstance in any manner the
Alliant Energy Indemnified Parties reasonably may deem appropriate, at WPC's
cost.

             (d) Indemnification under this Section 9.2 shall be in addition to
any remedies the Alliant Energy Indemnified Parties may have at law or equity.

     Section 9.3 Contribution. If the indemnification provided for in this
Article IX from the indemnifying party is unavailable to an indemnified party
hereunder in respect of any losses, claims, damages, liabilities or expenses
referred to therein, then the indemnifying party, in lieu of indemnifying such
indemnified party, shall contribute to the amount paid or payable by such
indemnified party as a result of such losses, claims, damages, liabilities or
expenses in such proportion as is appropriate to reflect the relative fault of
the indemnifying party and indemnified party in connection with the actions
which resulted in such losses, claims, damages, liabilities or expenses, as well
as any other relevant equitable considerations. The relative fault of such
indemnifying party and indemnified party shall be determined by reference to,
among other things, whether any action in question, including any untrue or
alleged untrue statement of a material fact or omission or alleged omission to
state a material fact, has been made by, or relates to information supplied by,
such indemnifying party or indemnified party, and the parties' relative intent,
knowledge, access to information and opportunity to correct or prevent such
action. The amount paid or payable by a party as a result of the losses, claims,
damages, liabilities and expenses referred to above shall be deemed to include,
subject to the limitations set forth in this Article IX, any legal or other fees
or expenses reasonably incurred by such party in connection with any
investigation or proceeding. No party shall be liable for contribution with
respect to any action or claim settled without its written consent, which
consent shall not be unreasonably withheld.

                                      -14-

<PAGE>

                  The parties hereto agree that it would not be just and
equitable if contribution pursuant to this Section 9.3 were determined by pro
rata allocation or by any other method of allocation which does not take into
account the equitable considerations referred to in the immediately preceding
paragraph. No person guilty of fraudulent misrepresentation (with the meaning of
Section 11(f) of the Securities Act) shall be entitled to contribution from any
person who was not guilty of such fraudulent misrepresentation.

                                    ARTICLE X
                                  MISCELLANEOUS

     Section 10.1 Expenses of IPO. Alliant Energy shall pay all of the fees and
expenses incurred by Alliant Energy or WPC in connection with the registration
and sale of shares of WPC Common Stock in the IPO, including all underwriting
discounts and commissions applicable to the sale of the shares of WPC Common
Stock to be sold by Resources in the IPO and including all fees and expenses
that are identified in Part II of the IPO Registration Statement; provided,
however, that WPC shall pay all legal, accounting and advisory fees that relate
to the ongoing business of WPC or Whiting and that were requested by WPC and/or
Whiting.

     Section 10.2 Notices. All notices and other communications under this
Agreement shall be in writing and shall be deemed given (a) when delivered by
hand or mail, (b) when transmitted by facsimile, with confirmation of receipt,
or (c) one business day after being sent by Express Mail, Federal Express or
other express delivery service with next day delivery, to the addressee at the
following address or facsimile number (or to such other address or facsimile
number as a party may specify from time to time by notice hereunder):

     If to Alliant Energy or Resources:

            Alliant Energy Corporation
            4902 North Biltmore Lane
            Madison, Wisconsin 53718
            Attn: Thomas L. Hanson
            Facsimile No.: (608) 458-4824

     with copies to:

            Alliant Energy Corporation
            4902 North Biltmore Lane
            Madison, Wisconsin 53718
            Attn: Barbara J. Swan, Esq.
            Facsimile No.: (608) 458-0143

            Alliant Energy Resources, Inc.
            1086 Cedar Woods Road
            Cedar Rapids, Iowa 52403
            Attn: Thomas L. Aller
            Facsimile No.: (319) 786-7720

                                      -15-

<PAGE>

             Foley & Lardner
             777 East Wisconsin Avenue, Suite 3800
             Milwaukee, Wisconsin  53202
             Attn: Benjamin F. Garmer, III, Esq.
             Facsimile No.: (414) 297-4900

       If to WPC or Whiting:

             Whiting Petroleum Corporation
             1700 Broadway, Suite 2300
             Denver, Colorado 80290
             Attn: James J. Volker
             Facsimile No.: (303) 861-4023

       With a copy to:

             Welborn Sullivan Meck & Tooley, P.C.
             821 17/th/ Street, Suite 500
             Denver, Colorado 80202
             Attn: Kendor P. Jones, Esq.
             Facsimile No.: (303) 832-2366

       Section 10.3 Entire Agreement. This Agreement, together with the
Registration Rights Agreement and the Tax Separation and Indemnification
Agreement, constitutes the entire agreement of the parties with respect to the
subject matter hereof, supersedes all prior agreements and understandings
between them, and may not be modified, amended or terminated except by a written
agreement signed by all of the parties hereto.

       Section 10.4 Waivers. No waiver of any breach or default hereunder shall
be considered valid unless in writing and signed by the party giving such
waiver, and no such waiver shall be deemed a waiver of any subsequent breach or
default of the same or similar nature.

       Section 10.5 Successors and Assigns. This Agreement shall inure to the
benefit of, and be binding upon Alliant Energy, Resources, WPC and Whiting and
their respective permitted successors and assigns and may not be assigned in
whole or in part by either of them without the prior written consent of the
other parties, and any such attempted assignment without such consent shall be
null and void, except that Alliant Energy or Resources may assign its rights
hereunder to an Affiliate of Alliant Energy without the prior written consent of
WPC or its permitted successors or assigns.

       Section 10.6 Severability. Any term or provision of this Agreement which
is invalid or unenforceable in any jurisdiction shall, as to such jurisdiction,
be ineffective to the extent of such invalidity or unenforceability without
rendering invalid or unenforceable the remaining terms and provisions of this
Agreement or affecting the validity or enforceability of any of the terms or
provisions of this Agreement in any other jurisdictions, it being intended that
all rights and obligations of the parties hereunder shall be enforceable to the
fullest extent permitted by law.

                                      -16-

<PAGE>

       Section 10.7  Counterparts. This Agreement may be executed simultaneously
in two or more counterparts, each of which shall be deemed an original, but all
of which together shall constitute one and the same instrument.

       Section 10.8  Choice of Law. This Agreement shall be governed by and
construed in accordance with the laws of the State of Wisconsin without
reference to the choice of law principles thereof.

       Section 10.9  Third Parties. Except as provided in Article IX hereof with
respect to the WPC Indemnified Parties and the Alliant Energy Indemnified
Parties, nothing in this Agreement is intended to confer any rights or remedies
under or by reason of this Agreement on any persons other than the parties
hereto and their Affiliates and respective permitted successors and assigns.

       Section 10.10 Headings. The Article and Section headings contained herein
are for the purpose of convenience only and are not intended to define or limit
the contents of such Articles and Sections and shall be given no effect in the
construction or interpretation of this Agreement. The term "including" or
"include" shall mean "including, without limitation," and the subsequent listing
of any matters shall in no event be construed to limit or narrow the breadth of
the preceding clause or matter. Any reference to an Article or Section herein
shall be deemed to be a reference to that Article or Section hereof.

       Section 10.11 Rules of Construction. Each of Alliant Energy, Resources,
WPC and Whiting agree that (a) the normal rule of construction to the effect
that any ambiguities are to be resolved against the drafting party shall not be
employed in the interpretation or construction of this Agreement, and (b) no
usage of trade, course of dealing, course of performance or enforcement or
surrounding circumstances shall be used in interpreting or construing this
Agreement.

       Section 10.12 Injunctions. The parties hereto agree that irreparable
damage would occur in the event that any of the provisions of this Agreement
were not performed in accordance with their specific terms or were otherwise
breached. Therefore, the parties hereto shall be entitled to an injunction or
injunctions to prevent breach of the provisions of this Agreement and to enforce
specifically the terms and provisions hereof in any court having jurisdiction,
such remedy being in addition to any other remedy to which they may be entitled
at law or in equity.

                                      -17-

<PAGE>

       IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of
the day and year first above written.

                         ALLIANT ENERGY CORPORATION

                         By   _________________________________________
                              Name:  _______________________________
                              Title: _______________________________

                         ALLIANT ENERGY RESOURCES, INC.

                         By   _________________________________________
                              Name:  _______________________________
                              Title: _______________________________

                         WHITING PETROLEUM CORPORATION

                         By   _________________________________________
                              Name:  _______________________________
                              Title: _______________________________

                         WHITING OIL AND GAS CORPORATION

                         By   _________________________________________
                              Name:  _______________________________
                              Title: _______________________________

                                      -18-

<PAGE>

                                    EXHIBIT B
                                  FORM OF NOTE

$________________                                              ___________, 2003

         FOR VALUE RECEIVED, Whiting Petroleum Corporation, a Delaware
corporation (the "Borrower"), hereby promises to pay to the order of Alliant
Energy Resources, Inc., a Wisconsin corporation ("Resources"), or its assignees,
without setoff or counterclaim, the principal sum of ________ Million Dollars
($_____________), payable on ____________.

         The unpaid principal balance hereof shall bear interest, payable on
____________, computed a rate of 5% per annum. Interest shall be calculated by
the actual number of days elapsed, using a daily rate determined by dividing the
annual rate by 360. All principal, interest and other amounts unpaid after
Default (as defined below) shall bear interest, payable on demand, computed at a
rate equal to 2% per annum plus the rate otherwise payable hereunder.

         All amounts payable on this note shall be payable in lawful money of
the United States of America in immediately available funds to such account of
Resources as Resources may designate, free and clear of, and without deduction
for or on account of, any and all present and future taxes, levies, imposts,
deductions, charges, withholdings and all liabilities with respect thereto.

         This Note may be prepaid in full or in part at any time without premium
or penalty. All such prepayments shall be applied against the final principal
payment hereof due at maturity.

         Borrower grants to Resources a security interest and lien in any credit
balance or other money now or hereafter owed Borrower by Resources, and agrees
that Resources may, at any time and without notice or demand, set off against
any such credit balance or other money any amount unpaid under this note,
whether or not due.

         Without affecting the liability of any maker, endorser, surety or
guarantor, the holder may, from time to time and without notice, renew or extend
the time for payment, accept partial payments, release or impair any collateral
security for payment of this note, or agree not to sue any party liable on it.

         If any payment is not made when due or if the holder shall in good
faith deem itself insecure (in each case, a "Default"), the unpaid balance of
this Note shall, at the option of the holder and without notice or demand,
mature and become immediately payable.

         This Note is the "Note" referred to in, and is issued by the Borrower
under, that certain Master Separation Agreement, dated as of ________, 2003,
among the Borrower, Resources, Whiting Oil and Gas Corporation and Alliant
Energy Corporation (the "Master Separation Agreement").

         All parties hereto, whether as makers, endorsers, or otherwise,
severally waive presentment for payment, demand, protest and notice of dishonor.

         The Borrower hereby agrees to indemnify the holder hereof against any
loss, cost or expense incurred by such holder in connection with the enforcement
of any and all rights pertaining to this Note, including, without limitation,
all court costs, reasonable attorneys' fees and

<PAGE>

other costs of collection. No delay on the part of the holder hereof in
exercising any of its options, powers or rights, or any partial or single
exercise thereof, shall constitute a waiver thereof.

         This Note shall be governed by and construed in accordance with the
laws of the State of Wisconsin, without giving effect to choice of law or
conflicts of laws principles.

                                       WHITING PETROLEUM CORPORATION

                                       By:________________________________
                                       Name: _____________________________
                                       Title: ____________________________

                                      -2-

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