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Oasis Launches Debt Offering to Fund $745 Million Bakken Acquisition

2021-05-24 21:45:00| OGI

Oasis Petroleum intends to offer $400 million senior unsecured notes due 2026 in a private placement to eligible purchasers with proceeds earmarked to partially fund its Bakken acquisition from Diamondback Energy.

Tags: million offering fund debt

 

Diamondback Energy Sells Bakken Asset to Oasis in $745 Million Cash Deal

2021-05-04 01:00:00| OGI

In addition to the sale of the Bakken assets it acquired in its merger with QEP, Diamondback also announced the $84 million sale of noncore Permian Basin assets.

Tags: million energy deal cash

 
 

Hess Closes Bakken Asset Sale in $312 Million Cash Deal

2021-04-30 23:05:00| OGI

Despite the divestiture to Enerplus, Hess CEO John Hess reaffirmed the importance of the Bakken in the independent E&P companys portfolio, which includes assets offshore Guyana.

Tags: sale million deal cash

 

Continental Resources to Ramp Up Bakken Activity after Refocusing Operations

2021-04-30 11:50:00| OGI

The shift comes as Continental Resourcs is re-orienting its production portfolio to focus more heavily on oil, CEO Bill Berry told investors during an earnings call.

Tags: resources activity operations continental

 

Equinor Completes Bakken Exit in $900 Million Sale

2021-04-27 21:35:00| OGI

Grayson Mill Energy, a Houston-based E&P company backed by EnCap Investments, agreed in February to acquire Equinors Bakken interests, including associated midstream assets, in North Dakota and Montana for $900 million.

Tags: sale million exit completes

 

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