Oasis Petroleum Exits Permian Basin in Sale Worth over $480 Million

Transaction Type
Permian Basin; Delaware Basin
Announce Date
Post Date
Close Date
Estimated Price

Bought, in three separate transactions, Oasis’ Permian position consists of approximately 24,000 net acres in the core of the Delaware Basin in W TX producing about 7,200 boe/d; Percussion Petroleum was buyer of primary transaction valued at $375 MM that includes contingent payments tied to future oil prices.