Document:

EX-10.2

 Exhibit 10.2 

AMENDED AND RESTATED 

EXECUTIVE EMPLOYMENT AND SEVERANCE AGREEMENT 

This Amended and Restated Executive Employment and Severance Agreement (this “Agreement”) is between James J. Volker
(“Executive”) and Whiting Petroleum Corporation (“Whiting” and, together with its subsidiaries, the “Company”) and effective as of November 1, 2017 (the “Effective Date”). 

WHEREAS, Executive is employed by the Company in a key employee capacity and Executive’s services are valuable to the conduct of
the business of the Company; and 
 WHEREAS, Whiting and Executive desire to specify the terms and conditions on which Executive will
continue employment on and after the Effective Date, and under which Executive will receive severance in the event that Executive separates from service with the Company under the circumstances described in this Agreement; and 

NOW, THEREFORE, for the consideration described above and other good and valuable consideration, the parties agree as follows: 

1.    Effective Date; Term. This Agreement shall become effective on the Effective Date and continue until
December 31, 2017 (the “Term”). Expiration of this Agreement will not affect the rights or obligations of the parties hereunder arising out of, or relating to, circumstances occurring prior to the expiration of this Agreement,
which rights and obligations will survive the expiration of this Agreement. 
 2.    Definitions. For
purposes of this Agreement, the following terms shall have the meanings ascribed to them: 

(a)    “Affiliate” shall mean, with respect to any Person, any Person that, directly or
through one or more intermediaries, is controlled by, controls, or is under common control with, such Person within the meaning of Code Section 414(b) or (c); provided that, in applying such provisions, the phrase “at least 50
percent” shall be used in place of “at least 80 percent” each place it appears therein. 

(b)    “Accrued Benefits” shall mean the following amounts, payable as described herein:
(i) all base salary for the time period ending with the Termination Date; (ii) reimbursement for any and all monies advanced in connection with Executive’s employment for reasonable and necessary expenses incurred by Executive on
behalf of the Company for the time period ending with the Termination Date; (iii) any and all other cash earned through the Termination Date and deferred at the election of Executive or pursuant to any deferred compensation plan then in effect;
(iv) all other payments and benefits to which Executive (or in the event of Executive’s death, Executive’s surviving spouse or other beneficiary) is entitled on the Termination Date under the terms of any benefit plan of the Company,
excluding severance payments under any Company severance policy, practice or agreement in effect on the Termination Date; and (v) if (and only if) Executive’s employment terminates under the circumstances described in Section 5(a), an
amount equal to Executive’s annual target cash bonus opportunity (if any) as 

 established by the Board or the Compensation Committee of the Board for the fiscal year in which
the Termination Date occurs, multiplied by a fraction, the numerator of which is the number of days that have elapsed during the annual performance period to the date of Executive’s Separation from Service and the denominator of which is 365.
Payment of Accrued Benefits shall be made (x) with respect to clauses (i) and (ii), promptly in accordance with the Company’s prevailing practice; (y) with respect to clauses (iii) and (iv), pursuant to the terms of the
benefit plan or practice establishing such benefits; or (z) with respect to clause (v), on the first day of the seventh month following the month in which Executive’s Separation from Service occurs, without interest thereon; provided that,
if on the date of Executive’s Separation from Service, neither Whiting nor any other entity that is considered a “service recipient” with respect to Executive within the meaning of Code Section 409A has any stock that is publicly
traded on an established securities market (within the meaning of Treasury Regulation Section 1.897-1(m)) or otherwise, then the amount described in clause (v) shall be paid to Executive in cash
forty-five (45) days following the date of Executive’s Separation from Service. 

(c)    “Base Salary” shall mean Executive’s annual base salary with the Company as in
effect from time to time. 
 (d)    “Beneficial Owner” shall mean a Person who has
beneficial ownership of any securities: 
 (i)    which such Person or any of such Person’s
affiliates has the right to acquire (whether such right is exercisable immediately or only after the passage of time) pursuant to any agreement, arrangement or understanding, or upon the exercise of conversion rights, exchange rights, rights,
warrants or options, or otherwise; provided, however, that a Person shall not be deemed the Beneficial Owner of, or to beneficially own, (A) securities tendered pursuant to a tender or exchange offer made by or on behalf of such Person or any
of such Person’s Affiliates until such tendered securities are accepted for purchase, or (B) securities issuable upon exercise of rights issued pursuant to the terms of any Rights Agreement of the Company, at any time before the issuance
of such securities; 
 (ii)    which such Person or any of such Person’s Affiliates, directly or
indirectly, has the right to vote or dispose of or has “beneficial ownership” of (as determined pursuant to Rule 13d-3 of the General Rules and Regulations under the Exchange Act), including pursuant
to any agreement, arrangement or understanding; provided, however, that a Person shall not be deemed the Beneficial Owner of, or to beneficially own, any security under this clause (ii) as a result of an agreement, arrangement or understanding
to vote such security if the agreement, arrangement or understanding: (A) arises solely from a revocable proxy or consent given to such Person in response to a public proxy or consent solicitation made pursuant to, and in accordance with, the
applicable rules and regulations under the Exchange Act and (B) is not also then reportable on a Schedule 13D under the Exchange Act (or any comparable or successor report); or 

  
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 (iii)    which are beneficially owned, directly or
indirectly, by any other Person with which such Person or any of such Person’s Affiliates has any agreement, arrangement or understanding for the purpose of acquiring, holding, voting (except pursuant to a revocable proxy as described in clause
(ii) above) or disposing of any voting securities of the Company. 
 (e)    “Board”
shall mean the board of directors of Whiting or a committee of such Board authorized to act on its behalf in certain circumstances, including the Compensation Committee of the Board. 

(f)    “Cause” shall mean a good faith finding by the Board that Executive has
(i) failed, neglected, or refused to perform the lawful employment duties related to his or her position or as from time to time assigned to him (other than due to Disability); (ii) committed any willful, intentional, or grossly negligent act
having the effect of materially injuring the interest, business, or reputation of the Company; (iii) violated or failed to comply in any material respect with the Company’s published rules, regulations, or policies, as in effect or amended
from time to time, and such violation or failure has the effect of materially injuring the interest, business, or reputation of the Company; (iv) committed an act constituting a felony or misdemeanor involving moral turpitude, fraud, theft, or
dishonesty; (v) misappropriated or embezzled any property of the Company (whether or not an act constituting a felony or misdemeanor); or (vi) breached any material provision of this Agreement or any other applicable confidentiality, non-compete, non-solicit, general release, covenant not-to-sue, or other agreement with the
Company. 
 (g)    “Change of Control” shall mean the occurrence of any of the
following: 
 (i)    any Person (other than (A) the Company, (B) a trustee or other fiduciary
holding securities under any employee benefit plan of the Company, (C) an underwriter temporarily holding securities pursuant to an offering of such securities or (D) a corporation owned, directly or indirectly, by the stockholders of
Whiting in substantially the same proportions as their ownership of stock in Whiting (“Excluded Persons”)) is or becomes the Beneficial Owner, directly or indirectly, of securities of Whiting (not including in the securities beneficially
owned by such Person any securities acquired directly from Whiting or its Affiliates after the Effective Date, pursuant to express authorization by the Board that refers to this exception) representing 20% or more of either the then outstanding
shares of common stock of Whiting or the combined Voting Power of Whiting’s then outstanding voting securities; or 

(ii)    the following individuals cease for any reason to constitute a majority of the number of directors
of Whiting then serving: (A) individuals who, on the Effective Date, constituted the Board and (B) any new director (other than a director whose initial assumption of office is in connection with an actual or threatened election contest,
including but not limited to a consent solicitation, relating to the election of directors of Whiting) whose appointment or election by the Board or nomination for election by Whiting’s stockholders was approved by

  
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a vote of at least two-thirds (2/3) of the directors then still in office who either were directors on the Effective Date, or whose appointment, election
or nomination for election was previously so approved (collectively the “Continuing Directors”); provided, however, that individuals who are appointed to the Board pursuant to or in accordance with the terms of an agreement relating to a
merger, consolidation, or share exchange involving Whiting (or any direct or indirect subsidiary of Whiting) shall not be Continuing Directors for purposes of this definition until after such individuals are first nominated for election by a vote of
at least two-thirds (2/3) of the then Continuing Directors and are thereafter elected as directors by the stockholders of Whiting at a meeting of stockholders held following consummation of such merger,
consolidation, or share exchange; and, provided further, that in the event the failure of any such persons appointed to the Board to be Continuing Directors results in a Change of Control, the subsequent qualification of such persons as Continuing
Directors shall not alter the fact that a Change of Control occurred; or 
 (iii)    the consummation of
a merger, consolidation or share exchange of Whiting with any other corporation or the issuance of voting securities of Whiting in connection with a merger, consolidation or share exchange of Whiting (or any direct or indirect subsidiary of Whiting)
pursuant to applicable stock exchange requirements, other than (A) a merger, consolidation or share exchange which would result in the voting securities of Whiting outstanding immediately prior to such merger, consolidation or share exchange
continuing to represent (either by remaining outstanding or by being converted into voting securities of the surviving entity or any parent thereof) at least 50% of the combined Voting Power of the voting securities of Whiting or such surviving
entity or any parent thereof outstanding immediately after such merger, consolidation or share exchange, or (B) a merger, consolidation or share exchange effected to implement a recapitalization of Whiting (or similar transaction) in which no
Person (other than an Excluded Person) is or becomes the Beneficial Owner, directly or indirectly, of securities of Whiting (not including in the securities beneficially owned by such Person any securities acquired directly from Whiting or its
Affiliates after the Effective Date, pursuant to express authorization by the Board that refers to this exception) representing 20% or more of either the then outstanding shares of common stock of the Company or the combined Voting Power of the
Company’s then outstanding voting securities; or 
 (iv)    a complete liquidation or dissolution of
Whiting is effected or there is a sale or disposition by Whiting of all or substantially all of Whiting’s assets (in one transaction or a series of related transactions within any period of 24 consecutive months), other than a sale or
disposition by Whiting of all or substantially all of Whiting’s assets to an entity at least 75% of the combined Voting Power of the voting securities of which are owned by Persons in substantially the same proportions as their ownership of
Whiting immediately prior to such sale. 

  
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 Notwithstanding the foregoing, (1) no “Change of Control” shall be deemed to have
occurred if there is consummated any transaction or series of integrated transactions immediately following which the record holders of the outstanding Shares immediately prior to such transaction or series of transactions continue to own, directly
or indirectly, in the same proportions as their ownership in Whiting, an entity that owns all or substantially all of the assets or voting securities of Whiting immediately following such transaction or series of transactions and (2) to the
extent necessary for any amounts considered to be deferred compensation subject to Code Section 409A to comply with the requirements of Code Section 409A, the definition of “Change of Control” herein shall be amended and
interpreted in a manner that allows the definition to satisfy the requirements of a change of control under Code Section 409A solely for purposes of complying with the requirements of Code Section 409A. 

(h)    “COBRA” shall mean the provisions of Code Section 4980B. 

(i)    “Code” shall mean the Internal Revenue Code of 1986, as amended, as interpreted by
rules and regulations issued pursuant thereto, all as amended and in effect from time to time. Any reference to a specific provision of the Code shall be deemed to include reference to any successor provision thereto. 

(j)    “Disability” shall mean, subject to applicable law, any medically determinable
physical or mental impairment that (i) renders Executive unable to perform the duties of his or her position with the Company and (ii) is expected to last for a continuous period of not less than six months, all as certified by a physician
reasonably acceptable to the Company or its Successor. 
 (k)    “Exchange Act” shall
mean the Securities Exchange Act of 1934, as amended, as interpreted by rules and regulations issued pursuant thereto, all as amended and in effect from time to time. Any reference to a specific provision of the Exchange Act shall be deemed to
include reference to any successor provision thereto. 
 (l)    “General Release” shall
mean a release of all claims that Executive, and anyone who may succeed to any claims of Executive, has or may have against Whiting, its board of directors, any of its subsidiaries or affiliates, or any of their employees, directors, officers,
employees, agents, plan sponsors, administrators, successors (including the Successor), fiduciaries, or attorneys, including but not limited to claims arising out of Executive’s employment with, and termination of employment from, the Company,
but excluding claims for (i) severance payments and benefits due pursuant to this Agreement and (ii) any salary, bonus, equity, accrued vacation, expense reimbursement and other ordinary payments or benefits earned or otherwise due with
respect to the period prior to the date of any Separation from Service. The General Release shall be in a form that is reasonably acceptable to the Company or the Board. 

(m)    “Good Reason” shall mean the occurrence of any of the following without the consent
of Executive: (i) a material diminution in Executive’s authority, duties or responsibilities; (ii) a material diminution in the authority, duties or 

  
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responsibilities of the supervisor to whom Executive is required to report; (iii) a material diminution in the budget over which Executive retains authority; (iv) a material change in
the geographic location at which Executive must perform services; or (v) a material breach by Whiting of any provisions of this Agreement. Executive and the Company acknowledge and agree that none of changes in the terms of Executive’s
employment effected by this amendment and restatement of the Executive Employment and Severance Agreement, effective as of January 1, 2015, between Executive and Whiting constitutes Good Reason. 

(n)    “Separation from Service” shall mean Executive’s termination of employment
from Whiting and each entity that is required to be included in Whiting’s controlled group of corporations within the meaning of Code Section 414(b), or that is under common control with Whiting within the meaning of Code
Section 414(c); provided that the phrase “at least 50 percent” shall be used in place of the phrase “ at least 80 percent” each place it appears therein or in the regulations thereunder (collectively, “409A
affiliates”). Notwithstanding the foregoing: 
 (i)    If Executive takes a leave of absence for
purposes of military leave, sick leave or other bona fide leave of absence, Executive will not be deemed to have incurred a Separation from Service for the first six months of the leave of absence, or if longer, for so long as Executive’s right
to reemployment is provided either by statute or by contract. 
 (ii)    Subject to paragraph (i),
Executive shall incur a Separation from Service when the level of bona fide services provided by Executive to Whiting and its 409A affiliates permanently decreases to a level of 20% or less of the level of services rendered by Executive, on average,
during the immediately preceding 36 months of employment. 
 (iii)    If, following Executive’s
termination of employment, Executive continues to provide services to the Company or a 409A Affiliate in a capacity other than as an employee, Executive will not be deemed to have Separated from Service as long as Executive is providing bona fide
services at a rate that is greater than 20% of the level of services rendered by Executive, on average, during the immediately preceding 36 months of service. 

For the avoidance of doubt, consistent with the regulations promulgated under Code Section 409A, Executive’s services as a non-employee member of the Board will not be taken into account in determining whether Executive has had a Separation from Service for purposes of this Agreement, which constitutes a nonqualified deferred
compensation plan in which Executive participants that is not aggregated with any plan in which Executive participates as a director pursuant to the regulations promulgated under Code Section 409A. 

(o)    “Severance Payment” shall mean Executive’s Base Salary at the time of the
Termination Date multiplied by 2x plus Executive’s target annual bonus for the year in which the Termination Date occurs; provided that if Executive’s Termination Date occurs on or within two years following a Change
of Control, the multiplier described above shall be increased to 3x. 

  
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 (p)    “Shares” shall mean shares of common
stock of Whiting, $.001 par value per share. 
 (q)    “Successor” shall mean the person
to which this Agreement is assigned upon a Sale of Business within the meaning of Section 10. 

(r)    “Termination Date” shall mean the date of Executive’s termination of
employment from the Company, as further described in Section 4. 
 (s)    “Voting
Power” shall mean the voting power of the outstanding securities of Whiting having the right under ordinary circumstances to vote at an election of the Board. 

3.    Employment of Executive 

(a)    Position. 

(i)    Executive shall serve in the position of Executive Chairman of the Board in a full-time
capacity. In such position, Executive shall have such duties and authority as is customarily associated with such position and shall have such other titles and duties, consistent with Executive’s position, as may be assigned from time to time
by the Board. 
 (ii)    Executive will devote Executive’s full business time and best efforts to
the performance of Executive’s duties hereunder and will not engage in any other business, profession or occupation for compensation or otherwise which would conflict or interfere with the rendition of such services either directly or
indirectly, without the prior written consent of the Board; provided that nothing herein shall preclude Executive, subject to the prior approval of the Board, from accepting appointment to or continue to serve on any board of directors or
trustees of any business corporation or any charitable organization; further provided in each case, and in the aggregate, that such activities do not conflict or interfere with the performance of Executive’s duties hereunder or conflict
with Section 7. 
 (b)    Base Salary. Whiting shall pay Executive a Base Salary in regular
installments in accordance with the Company’s usual payroll practices. The Base Salary shall be an amount equal to the annual rate of Executive’s base salary as in effect on the Effective Date, subject to increase, but not decrease, from
time to time as determined by the Board. 
 (c)    Equity Incentives. If a Change of Control
occurs when Executive is employed under this Agreement, then the Company shall cause (i) all restrictions on any restricted stock or restricted stock unit awards made to Executive prior to the Change of Control to lapse such that Executive is
fully and immediately vested in such awards upon such Change of Control; (ii) any stock options or stock appreciation rights granted to 

  
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Executive prior to the Change of Control pursuant to the Company’s equity-based incentive plan(s) to be fully and immediately vested upon such Change of Control; and (iii) any
performance shares, performance units or similar performance-based equity awards granted to Executive pursuant to the Company’s equity-based incentive plan(s) to be earned on a pro rated basis according to the portion of the performance period
that has elapsed through the date of the Change of Control as if all performance requirements had been satisfied at the target level (or such higher level as would have been achieved if performance through the date of the Change of Control of had
continued through the end of the performance period). 
 (d)    Employee Benefits. Executive shall
be entitled to participate in the Company’s employee benefit plans (other than annual and/or long-term incentive programs) as in effect from time to time on the same basis as those benefits are generally made available to other senior
executives of Whiting. On and after a Change of Control, Executive shall be included: (i) to the extent eligible thereunder (which eligibility shall not be conditioned on Executive’s salary grade or on any other requirement which excludes
persons of comparable status to Executive unless such exclusion was in effect for such plan or an equivalent plan immediately prior to the Change of Control), in any and all plans providing benefits for the Company’s salaried employees in
general (including but not limited to group life insurance, hospitalization, medical, dental, and long-term disability plans) and (ii) in plans provided to executives of the Company of comparable status and position to Executive (including but
not limited to deferred compensation, split-dollar life insurance, supplemental retirement, stock option, stock appreciation, stock bonus, cash bonus and similar or comparable plans); provided that in no event shall the aggregate level of
benefits under the plans described in clause (i) and the plans described in clause (ii), respectively, in which Executive is included be less than the aggregate level of benefits under plans of the Company of the type referred to in such
clause, respectively, in which Executive was participating immediately prior to the Change of Control.  

(e)    Business Expenses. The reasonable business expenses incurred by Executive in the performance
of Executive’s duties hereunder shall be reimbursed by the Company in accordance with Company policies. 

4.    Termination of Employment. Executive’s employment with the Company will terminate during the
Term, and this Agreement will terminate on the date of such termination, as follows: 

(a)    Executive’s employment will terminate upon Executive’s death. 

(b)    If Executive is Disabled, and if within 30 days after Whiting notifies Executive in writing that it
intends to terminate Executive’s employment, Executive shall not have returned to the performance of Executive’s duties hereunder on a full-time basis, Whiting may terminate Executive’s employment, effective immediately following the
end of such 30-day period. 

  
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 (c)    Whiting may terminate Executive’s employment with
or without Cause (other than as a result of Disability which is governed by Section 4(b)) by providing written notice to Executive that indicates in reasonable detail the facts and circumstances alleged to provide a basis for such termination.
If the termination is without Cause, Executive’s employment will terminate on the date specified in the written notice of termination. If the termination is for Cause, Executive shall have 30 days from the date the written notice is provided,
or such longer period as Whiting may determine to be appropriate, to cure any conduct or act, if curable, alleged to provide grounds for termination of Executive’s employment for Cause. If the alleged conduct or act constituting Cause is not
curable, Executive’s employment will terminate on the date specified in the written notice of termination. If the alleged conduct or act constituting Cause is curable but Executive does not cure such conduct or act within the specified time
period, Executive’s employment will terminate on the date immediately following the end of the cure period. Notwithstanding anything to the contrary herein, on and after a Change of Control, a determination of Cause shall only be made by the
Board of Directors of the Successor, which may terminate Executive for Cause only after providing Executive (i) written notice as set forth above, (ii) the opportunity to appear before such board and provide rebuttal to such proposed
termination, and (iii) written notice following such appearance confirming such termination and certifying that the decision to terminate Executive for Cause was approved by at least 66% of the members of such board, excluding Executive. Unless
otherwise directed by Whiting, from and after the date of the written notice of proposed termination, Executive shall be relieved of his or her duties and responsibilities and shall be considered to be on a paid leave of absence pending any final
action by Whiting or the Board of Directors of the Successor confirming such proposed termination. Notwithstanding anything to the contrary in this Agreement, if a Change of Control occurs and Executive’s employment with the Company is
terminated (other than a termination due to Executive’s death or as a result of Disability) during the period of 180 days prior to the date on which the Change of Control occurs, and if it is reasonably demonstrated by Executive that such
termination of employment (x) was at the request of a third party who has taken steps reasonably calculated to effect a Change of Control or (y) otherwise arose in connection with or in anticipation of a Change of Control, then for all
purposes of this Agreement such termination of employment shall be deemed a termination following such Change of Control. 

(d)    Executive may terminate his or her employment for or without Good Reason by providing written notice
of termination to Whiting that indicates in reasonable detail the facts and circumstances alleged to provide a basis for such termination. If Executive is alleging a termination for Good Reason, Executive must provide written notice to Whiting of
the existence of the condition constituting Good Reason within 90 days of the initial existence of such condition, and Whiting must have a period of at least 30 days following receipt of such notice to cure such condition. If such condition is not
cured by Whiting with such 30-day period, Executive’s termination of employment from the Company shall be effective on the date immediately following the end of such cure period. 

  
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 (e)    If Executive’s employment with the Company is not
earlier terminated pursuant to any of Sections 4(a), (b), (c) or (d), then Executive’s employment with the Company will terminate on the close of business on December 31, 2017 (a “Retirement”). 

5.    Payments upon Termination. 

(a)    Entitlement to Severance. Subject to the other terms and conditions of this Agreement,
Executive shall be entitled to the Accrued Benefits, and to the severance benefits described in Section 5(c), in either of the following circumstances while this Agreement is in effect: 

(i)    Executive’s employment is terminated by Whiting without Cause, except in the case of death or
Disability; or 
 (ii)    Executive terminates his or her employment with the Company for Good Reason.

 For the avoidance of doubt, if Executive dies or becomes Disabled after receiving a notice by Whiting that Executive is being terminated
without Cause, or after providing notice of termination for Good Reason, then Executive’s estate, heirs and beneficiaries, in the case of the Executive’s death, or Executive or his or her personal representative, in the case of
Executive’s Disability, shall be entitled to the Accrued Benefits and the severance benefits described in Section 5(c) at the same time such amounts would have been paid or benefits provided to Executive had he or she lived or not become
Disabled. 
 (b)    General Release Requirement. As an additional prerequisite for receipt of the
severance benefits described in Section 5(c), Executive must execute, deliver to Whiting, and not revoke (to the extent Executive is allowed to do so) a General Release within 20 calendar days following the termination of Executive’s
employment. 
 (c)    Severance Benefits; Timing and Form of Payment. Subject to the limitations
imposed by Section 6, if Executive is entitled to severance benefits, then: 
 (i)    Company shall
pay Executive the Severance Payment in a lump sum in cash on the first day of the seventh month following the month in which Executive’s Separation from Service occurs, without interest thereon; provided that, if on the date of Executive’s
Separation from Service, neither Whiting nor any other entity that is considered a “service recipient” with respect to Executive within the meaning of Code Section 409A has any stock that is publicly traded on an established
securities market (within the meaning of Treasury Regulation Section 1.897-1(m)) or otherwise, then the Severance Payment shall be paid to Executive in cash forty-five (45) days following the date of
Executive’s Separation from Service. 
 (ii)    Until the earlier of 18 months after the date of
Executive’s Separation from Service or such time as Executive has obtained new employment and is covered by benefits which in the aggregate are at least equal in value to the 

  
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following benefits, Executive shall continue to be covered, at the expense of the Company, by the same or equivalent life insurance, hospitalization, medical, dental and vision coverage as
Executive received (or, if higher, as was required hereunder) immediately prior to Executive’s Separation from Service, subject to the following: 

(A)    Following the end of the COBRA continuation period, if such hospitalization, medical or dental
coverage is provided under a health plan that is subject to Section 105(h) of the Code, benefits payable under such health plan shall comply with the requirements of Treasury regulation section
1.409A-3(i)(1)(iv) and, if necessary, the Employer shall amend such health plan to comply therewith. 

(B)    If provision of any such health benefits would subject the Company or its benefits arrangements to
a penalty or adverse tax treatment, then the Company shall provide a cash payment to Executive in an amount reasonably determined by the Company to be equivalent to the COBRA premiums for similar benefits. 

(C)    During the first six months following Executive’s Separation from Service, Executive shall pay
the Company for any life insurance coverage that provides a benefit in excess of $50,000 under a group term life insurance policy. After the end of such six month period, the Company shall make a cash payment to Executive equal to the aggregate
premiums paid by Executive for such coverage, and thereafter such coverage shall be provided at the expense of the Company for the remainder of the period as set forth above; provided that this clause (C) shall cease to apply if on the date of
Executive’s Separation from Service, neither Whiting nor any other entity that is considered a “service recipient” with respect to Executive within the meaning of Code Section 409A has any stock which is publicly traded on an
established securities market (within the meaning of Treasury Regulation Section 1.897-1(m)) or otherwise. 

(D)    If Executive’s Separation from Service occurs following a Change of Control, such benefits
shall be provided until the earlier of 24 months after the date of Executive’s Separation from Service or such time as Executive has obtained new employment and is covered by benefits which in the aggregate are at least equal in value to the
benefits described in the first sentence of this subsection. 
 All payments shall be subject to payroll taxes and other withholdings in
accordance with the Company’s (or the applicable employer of record’s) standard payroll practices and applicable law. 

(d)    Retirement. In the event of a Retirement, (i) Executive shall be entitled to the Accrued
Benefits and (ii) and the Company shall permit Executive to serve as a 

  
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non-executive Chairman of the Board until the Company’s 2018 annual meeting of stockholders, for which Executive shall be paid annual cash
compensation equal to $268,000 payable monthly commencing after such Retirement. In addition, in the event of a Retirement and subject to Executive’s continued compliance with the covenants set forth in Section 7 after such Retirement, the
Company shall cause (A) any requirement of continued employment applicable to any restricted stock awards granted to Executive in 2015, 2016 and 2017 to be waived, such that the restricted stock awards will be deemed to have Release Dates (as
defined in the restricted stock award agreements) on their original vesting schedule without regard to the Retirement and (B) any requirement of continued employment applicable to any performance share awards granted to Executive in 2015, 2016
and 2017 to be waived, such that the performance share awards will be deemed earned following the end of the performance period to the extent the applicable performance goals are achieved. For the avoidance of doubt, (1) because the restricted
stock awards with respect to which the continued employment requirement is being waived will become immediately taxable upon Retirement, the Company will satisfy its withholding tax requirements by withholding from such awards a number of shares of
restricted stock sufficient to cover the amount of taxes required to be withheld in connection with the transaction; and (2) the provisions of the restricted stock award agreements and performance share award agreements regarding a Change in
Control (as defined in the Whiting Petroleum Corporation 2013 Equity Incentive Plan) shall continue to apply following the Retirement. 

(e)    Other Termination of Employment. If Executive’s employment terminates for any reason
other than those described in Section 5(a) or Section 5(d), Executive (or Executive’s estate in the event of his or her death), shall be entitled to receive only the Accrued Benefits. 

6.    Limitations on Severance Payments and Benefits. Notwithstanding any other provision of this
Agreement, if any portion of the Severance Payment or any other payment under this Agreement, or under any other agreement with or plan of the Company (in the aggregate “Total Payments”), would constitute an “excess parachute
payment,” then the Total Payments to be made to Executive shall be reduced such that the value of the aggregate Total Payments that Executive is entitled to receive shall be One Dollar ($1) less than the maximum amount which Executive may
receive without becoming subject to the tax imposed by Code Section 4999 or which the Company may pay without loss of deduction under Code Section 280G(a); provided that the foregoing reduction in the amount of Total Payments shall
not apply if the After-Tax Value to Executive of the Total Payments prior to reduction in accordance herewith is greater than the After-Tax Value to Executive if Total
Payments are reduced in accordance herewith. For purposes of this Agreement, the terms “excess parachute payment” and “parachute payments” shall have the meanings assigned to them in Code Section 280G, and such
“parachute payments” shall be valued as provided therein. Present value for purposes of this Agreement shall be calculated in accordance with Code Section 1274(b)(2). Within 20 business days following delivery of the notice of
termination or notice by Whiting to Executive of its belief that there is a payment or benefit due Executive that will result in an excess parachute payment as defined in Code Section 280G, Executive and Whiting, at Whiting’s expense,
shall obtain the opinion (which need not be unqualified) of nationally recognized tax counsel selected by Whiting, which opinion sets forth: (A) the amount of the Base 

  
 12 

 
Period Income, (B) the amount and present value of Total Payments, (C) the amount and present value of any excess parachute payments without regard to the limitations of this
Section 6, (D) the After-Tax Value of the Total Payments if the reduction in Total Payments contemplated under this Section 6 did not apply, and (E) the
After-Tax Value of the Total Payments taking into account the reduction in Total Payments contemplated under this Section 6. As used in this Section 6, the term “Base Period Income” means
an amount equal to Executive’s “annualized includible compensation for the base period” as defined in Code Section 280G(d)(1). For purposes of such opinion, the value of any noncash benefits or any deferred payment or benefit
shall be determined by Whiting’s independent auditors in accordance with the principles of Code Sections 280G(d)(3) and (4), which determination shall be evidenced in a certificate of such auditors addressed to Whiting and Executive. For
purposes of determining the After-Tax Value of Total Payments, Executive shall be deemed to pay federal income taxes and employment taxes at the highest marginal rate of federal income and employment taxation
in the calendar year in which the Termination Payment is to be made and state and local income taxes at the highest marginal rates of taxation in the state and locality of Executive’s domicile for income tax purposes on the date the Termination
Payment is to be made, net of the maximum reduction in federal income taxes that may be obtained from deduction of such state and local taxes. Such opinion shall be dated as of the Termination Date and addressed to Whiting and Executive and shall be
binding upon the Company and Executive. If such opinion determines that there would be an excess parachute payment and that the After-Tax Value of the Total Payments taking into account the reduction
contemplated under this Section is greater than the After-Tax Value of the Total Payments if the reduction in Total Payments contemplated under this Section did not apply, then the Termination Payment
hereunder or any other payment determined by such counsel to be includible in Total Payments shall be reduced or eliminated as specified by Executive in writing delivered to Whiting within five business days of Executive’s receipt of such
opinion or, if Executive fails to so notify Whiting, then as Whiting shall reasonably determine, so that under the bases of calculations set forth in such opinion there will be no excess parachute payment. If such legal counsel so requests in
connection with the opinion required by this Section, Executive and Whiting shall obtain, at Whiting’s expense, and the legal counsel may rely on in providing the opinion, the advice of a firm of recognized executive compensation consultants as
to the reasonableness of any item of compensation to be received by Executive. Notwithstanding the foregoing, the provisions of this Section 6, including the calculations, notices and opinions provided for herein, shall be based upon the
conclusive presumption that the following are reasonable: (1) the compensation and benefits provided for in Section 3 and (2) any other compensation, including but not limited to the Accrued Benefits, earned prior to the date of
Executive’s Separation from Service by Executive pursuant to the Company’s compensation programs if such payments would have been made in the future in any event, even though the timing of such payment is triggered by the Change of Control
or Executive’s Separation from Service. If the provisions of Code Sections 280G and 4999 are repealed without succession, then this Section 6 shall be of no further force or effect. 

7.    Covenants by Executive. 

(a)    Confidentiality. In consideration for Executive’s employment by the Company, Executive
agrees that Executive shall, during Executive’s employment with the Company and thereafter, maintain the confidentiality of any and all information about the Company which is not generally known or available outside the Company, including

  
 13 

 
without limitation, strategic plans, technical and operating know-how, business strategy, trade secrets, customer information, business operations and
other proprietary information (“Confidential Information”), and Executive will not, directly or indirectly, disclose any Confidential Information to any person or entity, or use any Confidential Information, whether for Executive’s
own benefit, the benefit of any new employer or any other person or entity or any other purpose, in any manner. If Executive receives notice that he must disclose Confidential Information pursuant to a subpoena or other lawful process, Executive
must notify the Company immediately. Upon termination of employment with the Company, Executive will immediately return to the Company all written or electronically stored confidential or proprietary information in whatever format it is contained.

(b)    
Non-Competition/Non-Solicitation. 

(i)    During Executive’s employment with the Company and for a period of (x) one year following
Executive’s Termination Date if such Termination Date occurs prior to a Change of Control and is not due to a Retirement, (y) two years following Executive’s Termination Date if such Termination Date occurs after a Change of Control
and is not due to a Retirement or (z) three years following a Retirement if Executive’s Termination Date is due to a Retirement (each, a “Restricted Period”), Executive agrees that Executive shall not, directly or indirectly,
manage, operate, join, control, be employed by or participate in the management, operation or control of, or be connected in any manner with, including, without limitation, holding any position as a stockholder, director, officer, consultant,
independent contractor, employee, partner or investor in, any operations of a business that are in competition with the business of the Company in the material plays or fields in which the Company has or proposes to have operations as set forth on
Exhibit A to this Agreement, which Exhibit A may be modified prior to the time of Executive’s termination of employment by the Board upon written notification of such modification to Executive (the “Whiting Plays and Fields”);
provided, however, that nothing in this Section 7(b) shall prohibit Executive from (A) participating in operations of a business to the extent such operations are not in competition with the business of the Company in the Whiting
Plays and Fields, (B) participating solely as a passive investor in oil wells or similar investments, or from owning 5% or less of the outstanding securities of any class of any issuer whose securities are registered under the Exchange Act, or
(C) serving as a director of an entity that has less than 10% of its assets located in the Whiting Fields and Plays. 

(ii)    During Executive’s employment with the Company and during the applicable Restricted Period,
Executive agrees not to, in any form or manner, directly or indirectly, on his or her own behalf or in combination with others (A) solicit, induce or influence any customer, supplier, lender, lessor or any other person with a business
relationship with the Company to discontinue or reduce the extent of such business relationship, or (B) recruit, solicit or otherwise induce or influence any employee of the Company to discontinue their employment with the Company. 

  
 14 

 (c)    Disclosure and Assignment to the Company of
Inventions and Innovations. 
 (i)    Executive agrees to disclose and assign to the Company as the
Company’s exclusive property, all inventions and technical or business innovations, including but not limited to all patentable and copyrightable subject matter (collectively, the “Innovations”) developed, authored or conceived by
Executive solely or jointly with others during the period of Executive’s employment, including during Executive’s employment prior to the date of this Agreement, (1) that are along the lines of the business, work or investigations of
the Company to which Executive’s employment relates or as to which Executive may receive information due to Executive’s employment with the Company, or (2) that result from or are suggested by any work which Executive may do for the
Company or (3) that are otherwise made through the use of Company time, facilities or materials. To the extent any of the Innovations is copyrightable, each such Innovation shall be considered a “work for hire.” 

(ii)    Executive agrees to execute all necessary papers and otherwise provide proper assistance (at the
Company’s expense), during and subsequent to Executive’s employment, to enable the Company to obtain for itself or its nominees, all right, title, and interest in and to patents, copyrights, trademarks or other legal protection for such
Innovations in any and all countries. 
 (iii)    Executive agrees to make and maintain for the Company
adequate and current written records of all such Innovations; 
 (iv)    Upon any termination of
Executive’s employment, employee agrees to deliver to the Company promptly all items which belong to the Company or which by their nature are for the use of Company employees only, including, without limitation, all written and other materials
which are of a secret or confidential nature relating to the business of the Company. 
 (v)    In the
event Company is unable for any reason whatsoever to secure Executive’s signature to any lawful and necessary documents required, including those necessary for the assignment of, application for, or prosecution of any United States or foreign
application for letters patent or copyright for any Innovation, Executive hereby irrevocably designates and appoints Company and its duly authorized officers and agents as Executive’s agent and attorney-in-fact, to act for and in Executive’s behalf and stead to execute and file any such applications and to do all other lawfully permitted acts to further the assignment, prosecution, and issuance
of letters patent or registration of copyright thereon with the same legal force and effect as if executed by Executive. Executive hereby waives and quitclaims to Company any and all claims, of any nature whatsoever, which Executive may now have or
may hereafter have for infringement of any patent or copyright resulting from any such application. 

  
 15 

 (d)    Remedies Not Exclusive. In the event that
Executive breaches any terms of this Section 7, Executive acknowledges and agrees that said breach may result in the immediate and irreparable harm to the business and goodwill of the Company and that damages, if any, and remedies of law for
such breach may be inadequate and indeterminable. The Company, upon Executive’s breach of this Section 7, shall therefore be entitled (in addition to and without limiting any other remedies that the Company may seek under this Agreement or
otherwise at law or in equity) to seek from any court of competent jurisdiction equitable relief by way of temporary or permanent injunction and without being required to post a bond, to restrain any violation of this Section 7, and for such
further relief as the court may deem just or proper in law or equity. The prevailing party in any action to enforce this Section 7 shall be entitled to reimbursement by the other party for the prevailing party’s reasonable attorneys fees
and costs. 
 (e)    Severability of Provisions. If any restriction, limitation, or provision of
this Section 7 is deemed to be unreasonable, onerous, or unduly restrictive by a court of competent jurisdiction, it shall not be stricken in its entirety and held totally void and unenforceable, but shall remain effective to the maximum extent
possible within the bounds of the law. If any phrase, clause or provision of this Section 7 is declared invalid or unenforceable by a court of competent jurisdiction, such phrase, clause, or provision shall be deemed severed from this
Section 7, but will not affect any other provision of this Section 7, which shall otherwise remain in full force and effect. The provisions of this Section 7 are each declared to be separate and distinct covenants by Executive. 

8.    Notice. Any notice, request, demand or other communication required or permitted herein will be deemed
to be properly given when personally served in writing or when deposited in the United States mail, postage prepaid, addressed to Executive at the address appearing at the end of this Agreement and to the Company with attention to the General
Counsel of Whiting. Either party may change its address by written notice in accordance with this paragraph. 

9.    Set Off; Mitigation. The Company’s obligation to pay Executive the amounts and to provide the
benefits hereunder shall be subject to set-off, counterclaim or recoupment of amounts owed by Executive to the Company. However, Executive shall not be required to mitigate the amount of any payment provided
for pursuant to this Agreement by seeking other employment or otherwise. 
 10.    Benefit of Agreement.
This Agreement shall inure to the benefit of and be binding upon the parties hereto and their respective executors, administrators, successors and assigns. If Whiting experiences a Change of Control, or otherwise sells, assigns or transfers all or
substantially all of its business and assets to any person or if Whiting merges into or consolidates or otherwise combines (where Whiting does not survive such combination) with any person (any such event, a “Sale of Business”), then
Whiting shall assign all of its right, title and interest in this Agreement as of the date of such event to such person, and Whiting shall cause such person, by written agreement in form and substance reasonably satisfactory to Executive, to
expressly assume and agree to perform from and after the date of such assignment all of the terms, conditions and provisions imposed by this Agreement upon the Company. Failure of Whiting to obtain such agreement prior to the effective date of such
Sale of Business shall be a 

  
 16 

 
breach of this Agreement constituting “Good Reason” hereunder, except that for purposes of implementing the foregoing the date upon which such Sale of Business becomes effective shall
be the Termination Date. In case of such assignment by Whiting and of assumption and agreement by such person, as used in this Agreement, “Whiting” shall thereafter mean the person which executes and delivers the agreement provided for in
this Section 10 or which otherwise becomes bound by all the terms and provisions of this Agreement by operation of law, and this Agreement shall inure to the benefit of, and be enforceable by, such person. Executive shall, in his or her
discretion, be entitled to proceed against any or all of such persons, any person which theretofore was such a successor to Whiting, and Whiting (as so defined) in any action to enforce any rights of Executive hereunder. Except as provided in this
Section 10, this Agreement shall not be assignable by Whiting. This Agreement shall not be terminated by the voluntary or involuntary dissolution of Whiting. 

11.    Arbitration. Any controversy or claim arising out of or relating to this Agreement or the breach of
this Agreement that cannot be mutually resolved by Executive and the Company, including any dispute as to the calculation of Executive’s Benefits, Base Salary, Bonus Amount or any Severance Payment hereunder, shall be submitted to arbitration
in Colorado in accordance with the procedures of the American Arbitration Association. The determination of the arbitrator shall be conclusive and binding on the Company and Executive, and judgment may be entered on the arbitrator’s award in
any court having jurisdiction. 
 12.    Applicable Law and Jurisdiction. This Agreement is to be governed
by and construed under the laws of the United States and of the State of Colorado without resort to Colorado’s choice of law rules. Each party hereby agrees that the forum and venue for any legal or equitable action or proceeding arising out
of, or in connection with, this Agreement will lie in the appropriate federal or state courts in the State of Colorado and specifically waives any and all objections to such jurisdiction and venue. 

13.    Captions and Paragraph Headings. Captions and paragraph headings used herein are for convenience only
and are not a part of this Agreement and will not be used in construing it. 
 14.    Invalid Provisions.
Subject to Section 7(e), should any provision of this Agreement for any reason be declared invalid, void, or unenforceable by a court of competent jurisdiction, the validity and binding effect of any remaining portion will not be affected, and
the remaining portions of this Agreement will remain in full force and effect as if this Agreement had been executed with said provision eliminated. 

15.    No Waiver. The failure of a party to insist upon strict adherence to any term of this Agreement on
any occasion shall not be considered a waiver of such party’s rights or deprive such party of the right thereafter to insist upon strict adherence to that term or any other term of this Agreement. 

16.    Entire Agreement. This Agreement contains the entire agreement of the parties with respect to the
subject matter of this Agreement except where other agreements are specifically noted, adopted, or incorporated by reference. This Agreement otherwise supersedes any and all other agreements, either oral or in writing, between the parties hereto
with respect to 

  
 17 

 
the employment of Executive by Company, including the Executive Employment and Severance Agreement, effective as of January 1, 2015, between Executive and Whiting, and all such agreements
shall be void and of no effect. Each party to this Agreement acknowledges that no representations, inducements, promises, or agreements, oral or otherwise, have been made by any party, or anyone acting on behalf of any party, which are not embodied
herein, and that no other agreement, statement, or promise not contained in this Agreement will be valid or binding. 

17.    Modification. This Agreement may not be modified or amended by oral agreement, but only by an
agreement in writing signed by Whiting and Executive. 
 18.    Counterparts. This Agreement may be signed
in counterparts, each of which shall be an original, with the same effect as if the signatures thereto and hereto were upon the same instrument. 

  
 18 

 IN WITNESS WHEREOF, the parties hereto have executed, or caused to be executed, this Agreement on
the Effective Date. 
  

			
	EXECUTIVE
	
	 /s/ James J. Volker

	James J. Volker
	
	 [redacted]

	
	  

	Address
	  
 WHITING PETROLEUM CORPORATION

		
	By:	 	 /s/ Bruce R. DeBoer

		 	Bruce R. DeBoer
		 	Vice President, General Counsel and Corporate Secretary

 EXHIBIT A 

WHITING PLAYS AND FIELDS 
 Bakken Play in
Mountrail, McKenzie, Stark, Dunn, Golden Valley, Billings, Williams, Divide and McClean Counties, North Dakota and Richland and Roosevelt Counties, Montana 

Niobrara Play in Weld County, ColoradoEX-10.3

 Exhibit 10.3 

WHITING PETROLEUM CORPORATION 

RESTRICTED STOCK UNIT AWARD AGREEMENT (CASH-SETTLED) 

THIS RESTRICTED STOCK UNIT AWARD AGREEMENT (this “Agreement”) is made and entered into as of [●],
20[●], by and between Whiting Petroleum Corporation, a Delaware corporation with its principal offices at Denver, Colorado (the “Company”), and the non-employee
director or key employee of the Company or one of its affiliates whose signature is set forth on the signature page hereof (the “Participant”). 

W I T N E S S E T H : 

WHEREAS, the Company has adopted the Whiting Petroleum Corporation 2013 Equity Incentive Plan (the “Plan”), which
permits the Company to issue equity-based awards to certain key salaried employees and non-employee directors of the Company and any affiliate of the Company; and 

WHEREAS, the Participant is a key salaried employee or a non-employee director of the Company, and the
Company desires such person to remain in such capacity and wishes to provide such person with the opportunity to receive monetary payments based on the value of the Company’s shares of common stock (the “Shares”) to align the
personal interests of the Participant with the interests of shareholders and the success of the Company. 
 NOW, THEREFORE, in consideration
of the premises and of the covenants and agreements herein set forth, the parties hereby mutually covenant and agree as follows: 

1.    Award of RSUs. Subject to the terms and conditions set forth herein, the Company hereby awards the
Participant the number of restricted stock units set forth on the signature page hereof (the“RSUs”). 

2.    Vesting. Subject to Sections 4 and 11, one-third of the RSUs shall
vest on each of the first, second, and third anniversaries of the Grant Date specified on the signature page hereof. 

3.    Settlement. As soon as reasonably practicable (but no more than thirty (30) days) after each vesting
date, the Company will pay to the Participant an amount in cash equal to the product of (a) the number of RSUs that vested on such date and (b) the Fair Market Value (as defined in the Plan) of a Share on the vesting date. 

4.    Termination of Employment or Death. If the Participant’s employment with, or service on the board of
directors of, the Company or an affiliate (as applicable) is terminated for any reason (including death), all RSUs that have not vested as of the date of termination shall be forfeited as of the date on which such termination occurs. 

5.    Rights as a Shareholder; Dividend Equivalents. The Participant shall not have any rights of a shareholder
with respect to the Shares underlying the RSUs (including, without limitation, any voting rights or any right to dividends). If, however, after the Grant Date and prior to the settlement date, a record date with respect to a cash dividend on the
Shares occurs, then on the date that such dividend is paid to Company shareholders the Participant shall be credited with “dividend equivalents” in an amount equal to the dividends that would have been paid to the Participant if the

 
Participant owned a number of Shares equal to the number of outstanding RSUs hereunder as of such record date. The dividend equivalents will be deemed to be reinvested in additional restricted
stock units (determined by multiplying the cash dividends paid by the Fair Market Value of a Share on the dividend payment date) and will be subject to the same terms and conditions, and shall vest and be paid or be forfeited (if applicable) at the
same time as the RSUs to which they are attributable. 
 6.    Tax Withholding. All payments due
hereunder shall be reduced for any applicable federal, state, or local income or other withholding taxes due by reason of the grant, vesting or settlement of the RSUs 

7.    No Right to Employment or Service. Nothing in this Agreement shall confer upon the Participant any right to
continue in the employment or service of the Company or any affiliate, or interfere with or limit in any way the right of the Company or an affiliate to terminate the Participant’s employment or service at any time. 

8.    Interpretation by Committee. The Participant agrees that any dispute or disagreement which may arise in
connection with this Agreement shall be resolved by the Compensation Committee of the Board of Directors of the Company (the “Committee”), in its sole discretion, and that any interpretation by the Committee of
the terms of this Agreement or the Plan and any determination made by the Committee under this Agreement or the Plan may be made in the sole discretion of the Committee and shall be final, binding, and conclusive. Any such determination need not be
uniform and may be made differently among Participants awarded restricted stock units. 
 9.    Transferability.
The Participant may not transfer any interest in the RSUs other than under the Participant’s will or as required by the laws of descent and distribution. The RSUs also may not be pledged, attached, or otherwise encumbered. Any purported
assignment, alienation, sale, transfer, pledge, attachment or encumbrance of the RSUs in violation of the terms of this Agreement shall be null and void and unenforceable against the Company or its successors. 

10.    Miscellaneous.

(a)    This Agreement shall be governed by and construed in accordance with the internal laws of the State of Delaware
applicable to contracts made and to be performed therein between residents thereof. 
 (b)    This Agreement may not be
amended or modified except by the written consent of the parties hereto. 
 (c)    The captions of this Agreement are
inserted for convenience of reference only and shall not be taken into account in construing this Agreement. 

(d)    Any notice, filing or delivery hereunder or with respect to the RSUs shall be given to the Participant at either
his or her usual work location or his or her home address as indicated in the records of the Company, and shall be given to the Committee or the Company at 1700 Broadway, Suite 2300, Denver, Colorado 80290-2300, Attention: Corporate Secretary. All
such notices shall be given by first class mail, postage prepaid, or by personal delivery. 

  
 2 

 (e)    This Agreement shall be binding upon and inure to the benefit of the
Company and its successors and assigns and shall be binding upon and inure to the benefit of the Participant and the Participant’s heirs and legal representatives. 

(f)    This Agreement is subject in all respects to the terms and conditions of the Plan. 

11.    Change of Control. Notwithstanding any other provision to the contrary contained in this Agreement,
effective upon a Change in Control (as defined in the Plan), the RSUs shall become 100% vested as of the date of such Change in Control, unless the RSUs were previously forfeited under the terms of this Agreement. 

[Signature page follows] 

  
 3 

 IN WITNESS WHEREOF, the Company has caused this instrument to be executed by its duly authorized
officer and the Participant has hereunto affixed his or her signature, all as of the day and year first set forth above. 
  

													
	COMPANY	 		 		 	PARTICIPANT
						
	WHITING PETROLEUM CORPORATION	 		 		 		 		 	
					
	By:	 	                                     
                                        	 		 		 	                                   
                                         
                                  
							
		 		 		 		 		 	No. of Restricted Stock Units:	 	                                     
                                        

		 		 		 		 		 	  
 Grant Date:
	 	                                     
                                         

  
 4

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