Item 5.02. Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

(e) On January 7, 2013, the Compensation Committee (the "Committee") of the Board of Directors of Whiting Petroleum Corporation (the "Company") approved the allocation to the Company's executive officers under the Company's Production Participation Plan (the "Plan") of interests in income from oil and natural gas wells acquired or developed during 2012. The aggregate allocation of such interests to all employees of the Company for the 2012 plan year was set at 2.3%. Of this aggregate amount, the Committee awarded 5.28% to James J. Volker and 2.26% to each of James T. Brown, Michael J. Stevens, J. Douglas Lang and Mark R. Williams. Once allocated, such interests (not legally conveyed) are fixed and all cash payments are pursuant to the terms of the Plan. The cash payments for 2012 for these interests will be $277,944 for Mr. Volker and $118,969 for each of Messrs. Brown, Stevens, Lang and Williams. The cash payments to such executive officers for future years as a result of such allocations are not determinable as the annual cash distributions for such interests may increase or decrease depending upon prices realized and direct costs incurred by the Company related to oil and natural gas produced by the Company.

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