Aug 6 Oasis Petroleum Inc said it could
honor North Dakota's new restrictions on natural gas flaring and
had connected 96 percent of its wells in the state to gathering
"We have worked hard to connect wells, and we're confident
in our ability to meet the state regulations," Oasis President
Taylor Reid said on a Wednesday conference call with investors.
North Dakota announced new restrictions last month on the
amount of natural gas producers can burn, saying they must find
a way to process it or risk production curtailments.
Oasis posted a lower-than-expected quarterly profit on
(Reporting by Ernest Scheyder; Editing by Lisa Von Ahn)