Chord Energy Corp. announced the successful completion of the combination of Whiting Petroleum Corp. and Oasis Petroleum Inc., creating a scaled unconventional U.S. oil producer with a premier Williston Basin position with top tier assets across approximately 972,000 net acres, combined first quarter production of 171.1 thousand boepd, and enhanced [...]
Oasis Petroleum Inc. announced that its Board of Directors has, subject to certain conditions, declared a special dividend of $15.00 per share of Oasis common stock. The special dividend is being declared in connection with, and its payment is subject to, the closing of Oasis' previously announced merger with Whiting Petroleum Corp. The special [...]
Oasis Petroleum Inc. today announced financial and operating results for the quarter ending March 31, 2022. 1Q22 Operational and Financial Highlights: Produced 69.6 MBoepd in 1Q22 with oil volumes of 45.0 MBopd, both above the high-end of February guidance; E&P CapEx was $62.9MM in 1Q22, below the low-end of February guidance; LOE and GPT costs [...]
Oasis Petroleum Inc. plans to announce its First Quarter 2022 financial and operational results on Wednesday, May 4, 2022 at market close. Additionally, the Company will host a live webcast and conference call on Thursday, May 5, 2022 at 10:00 a.m. Central Time to discuss First Quarter 2022 financial and operational results. Investors, analysts and [...]
HOUSTON, March 11, 2022 /PRNewswire/ -- Oasis Petroleum Inc. announced the declaration of its first variable dividend today in the amount of $3.00 per share of Oasis common stock, payable on March 31, 2022 to shareholders of record as of March 21, 2022, in connection with its previously announced plan to return $70 million of capital to [...]
Whiting Petroleum Corp. and Oasis Petroleum Inc. today announced they have entered into an agreement to combine in a merger of equals transaction. The combined company will have a premier Williston Basin position with top tier assets across approximately 972K net acres, combined production of 167.8 thousand boepd, significant scale and enhanced [...]
Oasis Petroleum Inc. today announced financial and operating results for the quarter and year ending December 31, 2021. Fourth quarter and year end results are consistent with the update released on February 9, 2022. 4Q21 Operational and Financial Highlights: Produced 68.8 MBoepd in 4Q21 with oil volumes of 44.4 MBopd; E&P CapEx was $45.3MM in 4Q21 [...]
Oasis Remains Committed to Capital Discipline, Low Reinvestment Rates, and High Return of Capital to Shareholders Oasis Petroleum Inc. today provided its return of capital plan, announced preliminary 2021 results, and issued its 2022 outlook. Oasis' return of capital plan remains true to the Company's strategic goals, which include exercising [...]
Oasis Petroleum Inc. today announced the closing of the previously announced merger between Oasis Midstream Partners LP and Crestwood Equity Partners LP . On December 20, 2021, Oasis filed pro forma financials, which illustrate the combined impacts of Oasis' 2021 upstream acquisitions and divestitures as well as the OMP-Crestwood Merger. Please [...]
Board Expansion Underscores Oasis' Commitment to Director Refreshment, Independence and Diversity Oasis Petroleum Inc. announced today the appointment of Marguerite Woung-Chapman to the Board of Directors, effective immediately. Ms. Woung-Chapman will serve on the Board's Compensation Committee as well as its Nominating, Environmental, Social [...]
Oasis Petroleum Inc. today announced financial and operating results for the third quarter of 2021. Third quarter results are consistent with the update released on October 26, 2021. 3Q21 Operational and Financial Highlights: Produced 51.8 MBoepd in 3Q21 with oil volumes of 31.9 MBopd; E&P CapEx was $42MM, greater than 20% below guidance. Oasis [...]
Provides Financial and Operational Update and Increases Dividend by 33% Oasis Petroleum Inc. announced today that Oasis Midstream Partners has entered into a definitive agreement under which it will merge with Crestwood Equity Partners LP . Under the terms of the agreement, Oasis, as a unitholder of OMP, will receive $160MM in cash in addition to [...]
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