Oasis Petroleum expands into Delaware basin with $946-million acquisition

Posted on December 13, 2017 at 4:46 pm.

Oasis Petroleum Inc. will expand its operations into the Delaware basin through the acquisition of assets from Forge Energy LLC for $946 million. The deal, which includes a $483-million cash payment and 46 million shares of common stock, is effective Dec 1.

Source: News