Oil, Gas and Consumable Fuels
Company Overview of Oasis Petroleum Inc.
Oasis Petroleum Inc., an independent exploration and production company, focuses on the acquisition and development of unconventional oil and natural gas resources in the North Dakota and Montana regions of the Williston Basin. The company's principal projects are located in West Williston and East Nesson. As of December 31, 2014, it had 505,503 net leasehold acres in the Williston Basin; and approximately 272.1 million barrels of oil equivalent of estimated net proved reserves. The company sells its oil and natural gas to refiners, marketers, and other purchasers that have access to pipeline and rail facilities. Oasis Petroleum Inc. was founded in 2007 and is headquartered in Houston, Texas...
1001 Fannin Street
Houston, TX 77002
Founded in 2007
Key Executives for Oasis Petroleum Inc.
Chairman and Chief Executive Officer
Total Annual Compensation: $1.5M
President, Chief Operating Officer and Director
Total Annual Compensation: $850.0K
Chief Financial Officer and Executive Vice President
Total Annual Compensation: $643.5K
Executive Vice President, General Counsel and Corporate Secretary
Total Annual Compensation: $561.6K
Compensation as of Fiscal Year 2014.
Oasis Petroleum Inc. Key Developments
Oasis Petroleum Inc. Announces Redetermination of Borrowing Base and the Commencement of Consent Solicitations
Oct 6 15
Oasis Petroleum Inc. announced that the lenders under its senior secured revolving credit facility completed their regular semi-annual redetermination of the borrowing base, resulting in a borrowing base of $1,525 million. The next redetermination of the borrowing base is scheduled for April 1, 2016. Additionally, the company announced the commencement of three concurrent consent solicitations respecting amendments to the indentures governing its outstanding 7.25% Senior Notes due 2019, 6.5% Senior Notes due 2021 and 6.875% Senior Notes due 2023. Currently, $400,000,000 in aggregate principal amount of the notes of each series is outstanding. The amendments would permit the company to incur secured indebtedness under its senior secured revolving credit facility in an amount at any time outstanding greater than or equal to the amount of its borrowing base under that facility. The company is seeking the amendments to provide it with greater financial flexibility.
Oasis Petroleum To Sell Noncore Assets
Oct 1 15
Oasis Petroleum Inc. (NYSE:OAS) is putting up for sale about 51,300 net acres of noncore assets in North Dakota and Montana
Oasis Petroleum Inc. Presents at Deutsche Bank Energy One-on-One Corporate Days, Sep-29-2015
Sep 28 15
Oasis Petroleum Inc. Presents at Deutsche Bank Energy One-on-One Corporate Days, Sep-29-2015 . Venue: Boston Harbor Hotel at Rowes Wharf, 70 Rowes Wharf, Boston, MA 02110, United States.
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