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Whiting Usa Trust I

Whiting USA Trust I (WHX) is a publicly traded trust that was created in 2010 as a spin-off from Whiting Petroleum Corporation. The trust is a Delaware Statutory Trust and is structured to receive and distribute quarterly net proceeds from Whiting Petroleum Corporation's oil and gas properties in the Bakken and Three Forks regions of North Dakota and Montana.

The trust's assets consist of net profits interests in these properties, which entitle the trust to receive a portion of the net proceeds from the sale of oil and gas production from certain properties owned by Whiting Petroleum Corporation. The trust's net profits interests are subject to certain reductions for the payment of taxes, royalty payments, and other expenses.

WHX is a component of the Russell 2000 Index and its common units are listed and traded on the New York Stock Exchange (NYSE) under the symbol "WHX".

It's important to note that investing in a trust such as WHX involves certain risks, including the possibility of losing a significant portion or even all of your investment, and it's recommended to consult with a financial advisor before making any investment decisions. Additionally, the value of the trust's assets and the amount of distributions it makes to unitholders will fluctuate with market conditions and other factors.