Oasis Petroleum

Oasis Petroleum Great People - Great Assets - Great Opportunity We have accumulated approximately 307,000 net leasehold acres in the Williston Basin.
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Oasis Petroleum is an independent exploration and production company focused on the acquisition and development of unconventional oil and natural gas resources. We are currently focused on exploiting what we have identified as significant resource potential from the Bakken and Three Forks formations, which are present across a substantial majority of our acreage. A report issued by the United Stat

es Geologic Survey, or USGS, in April 2008 classified these formations as the largest continuous oil accumulation ever assessed by it in the contiguous United States. We believe the location, size and concentration of our acreage creates an opportunity for us to achieve cost, recovery and production efficiencies through the large-scale development of our project inventory. Our management team has a proven track record in identifying, acquiring and executing large, repeatable development drilling programs, which we refer to as “resource conversion” opportunities, and has substantial experience in the Williston Basin. We have built our leasehold acreage position in the Williston Basin primarily through acquisitions in our three primary project areas, West Williston, East Nesson and Sanish.

Address

Houston, TX

Telephone

(281) 404-9500

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Our Story

Oasis is the premier operator in both the Williston Basin and Delaware Basin, possessing both coveted assets and creative people that drive the success of the Company. We are on the forefront of technology deployment, operational efficiencies, and infrastructure development. Our assets are highly concentrated and are prospective for multiple potential horizons. As we develop our positions, we expect to increase long-term shareholder value while maintaining a conservative balance sheet. We have a long history of acquiring and exploiting oil and gas assets, which has been characterized by capital discipline coupled with differential views of the market. While we have a great track record of delivering growth in production and reserves, we do not subscribe to the idea of growth at any cost. Our goal is to increase stockholder value by building reserves, production and cash flows at an attractive return on invested capital.