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Whiting Usa Trust Ii

Whiting USA Trust II is a corporation organized in Delaware. It is a publicly traded trust that owns royalty interests in oil and natural gas properties in the United States. The trust was created by Whiting Petroleum Corporation, which is a large independent exploration and production company based in Denver, Colorado.

Whiting USA Trust II owns royalty interests in properties located primarily in the Rocky Mountains, the Permian Basin, and the Gulf Coast. These interests entitle the trust to receive a portion of the revenue generated by the sale of oil and natural gas produced from these properties.

The trust's units are traded on the New York Stock Exchange under the ticker symbol "WHZ". As a trust, Whiting USA Trust II is not taxed on its income, and instead, the tax liabilities are passed through to the unitholders.

It is important to note that investing in Whiting USA Trust II or any other trust that owns royalty interests involves risks, including the possibility of losing a significant portion or even all of the investment. Investors should carefully consider the trust's investment objectives, risks, charges, and expenses before investing.

If you are considering investing in Whiting USA Trust II, I would recommend consulting with a financial advisor or conducting your own thorough research to make an informed decision.