Oasis Petroleum Inc.
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Oasis Petroleum will “immediately begin an active and thorough search for a new CEO,” says Douglas E. Brooks, the company’s board…
"Due to historically low global energy demand and commodity prices, we determined it is best for Oasis Petroleum to take decisive…
Grace period allows the company to make the due payments within 30 days to avoid a formal default.
Between a historic oil price crash and resource maturity, some say the Bakken may have only five or six good drilling years left. What…
“If this is an act of God, maybe I need to find another career because I guess God’s had enough of the oilfield,” said oilfield…
New Financings
Announced that the lenders under its revolving credit agreement completed their regular semi-annual…
Oasis Petroleum Inc. announced on May 14 the results of its cash tender offers for Oasis'…
Oasis Petroleum Inc. has priced its equity offering of 32 million shares of common stock for total gross…
Priced upsized public offering of 2.625% senior unsecured convertible notes due 2023. Underwriters…
Offered 34 million shares priced at $5.32 each to partly fund its 2016 capex of $385 million to $435…
Activity Highlights
McKenzie
ND
United States
In McKenzie County, N.D., Houston-based Oasis Petroleum completed an Upper Three Forks and a Middle Bakken well from a Banks Field drillpad in Section 32-153n-97w. The #5397 42-32 8T Joplin was drilled to 22,585 ft with a true vertical depth of…
WIlliams
ND
United States
Oasis Petroleum announced results from a Bakken discovery in Williams County, N.D. The #5501 43-7 5B Erickson O M is in Section 7-155n-101w. It initially flowed 1.377 Mbbl of oil, 970 Mcf of gas and 2.153 Mbbl of water per day. The Missouri…
Transactions
Oasis Petroleum Sells Midstream Interests In $250 Million Dropdown
Oasis Petroleum Sells Midstream Interests In $250 Million Dropdown
Oasis Remains On Target With $283 Million Williston Divestitures
Oasis Remains On Target With $283 Million Williston Divestitures
Oasis Remains On Target With $283 Million Williston Divestitures
Oasis Remains On Target With $283 Million Williston Divestitures
Oasis Breaks Permian’s A&D Cold Streak With $946 Million Deal
Oasis Breaks Permian’s A&D Cold Streak With $946 Million Deal
Oasis Breaks Permian’s A&D Cold Streak With $946 Million Deal
Oasis Breaks Permian’s A&D Cold Streak With $946 Million Deal