Oasis Sells Midstream Affiliate to Crestwood in $1.8 Billion Deal
Transaction Type
Buyers
Basin
Williston Basin/Bakken Shale; Permian/Delaware Basin
Announce Date
Post Date
Close Date
Estimated Price
$1,800.0MM
Description
Acquired Oasis Petroleum’s midstream affiliate with assets are located in the heart of the oil-rich Bakken and Permian basins; equity and cash transaction includes assumption of $660 MM in outstanding debt.