Company Overview

  • March 2014

    Oasis divests 8,354 net acres and 2,700 boepd associated with non-operated properties in and around Sanish for $333 million
  • December 2013

    Oasis issues 7 million shares of common stock for gross proceeds of $315 million
  • September 2013

    Oasis acquires 161,000 net acres in the Williston Basin and funds these acquisitions with $1 billion of long-term debt and drawings under $1.5 billion borrowing base
  • July 2012

    Oasis raises another $400 million of long-term debt to fund drilling program and operations
  • March 2012

    Oasis Well Services (“OWS”) completes its first frac job
  • November 2011

    Oasis raises $400 million of long-term debt to fund drilling program and operations
  • February 2011

    Oasis raises $400 million of long-term debt to fund drilling program and operations
  • November 2010

    Oasis buys 26,700 net acres and 500 boepd in Montana for $82 million
  • June 2010

    Oasis IPO - raises $400 million in gross proceeds for the Company
  • May 2008

    2008-2009 - Oasis buys 131,000 net acres and 1,100 boepd in East Nesson and Sanish for $54 million
  • June 2007

    Oasis buys 175,000 net acres and 1,000 boepd in West Williston for $83 million
  • March 2007

    Nusz and Reid found Oasis and secure private equity commitment from EnCap

Oasis is the premier operator in the Williston 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 507,000 net acres in the Williston Basin are highly concentrated and are prospective for the Bakken, Three Forks and other potential horizons. As we develop this acreage position that is in the heart of the play, 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 rapidly growing production and reserves, we do not subscribe to the idea of growth at any cost.