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Rating: OAS
Neutral

Oasis Petroleum Inc. (NYSE: OAS) rated to Neutral by Macquarie

Friday,  Jan 8, 2016  5:25 PM ET by Lynn Gilbert

Macquarie rated Oasis
Petroleum Inc. (NYSE: OAS) to Neutral.

Oasis Petroleum Inc. is an independent exploration and production company focused on the development and acquisition of unconventional oil and natural gas resources. The Company?s assets, which consist of proved and unproved oil and natural gas properties, are located primarily in the Montana and North Dakota areas of the Williston Basin, and are owned by Oasis Petroleum North America LLC (OPNA), a wholly owned subsidiary of the Company. As of December 31, 2010, the Company accumulated 303,231 net leasehold acres in the Williston Basin. The Company is focused on exploiting what it has identified as a resource potential from the Bakken and Three Forks formations, which are present across its acreage. During the year ended December 31, 2010, the Company drilled and completed 26 gross operated wells in the Williston Basin and found hydrocarbons. In Williston Basin the Company acquired three primary project areas: West Williston, East Nesson and Sanish.

Macquarie include comprehensive research analysis of equities, economics, commodities, debt markets, foreign exchange, futures and ESG. We have one of the largest research teams in the Asia-Pacific, as well as teams in Europe, North America and South Africa – all providing powerful local market insight.



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