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Oasis Petroleum Inc Announces Pricing of $1.0 Billion Offering of Senior Notes

Tuesday, 10 Sep 2013 05:03pm EDT 

Oasis Petroleum Inc announced the pricing of its private placement of $1.0 billion of 6.875% senior unsecured notes due 2022. The notes were sold at par. The size of the offering was increased from the previously announced $600 million to $1.0 billion. The offering is expected to close on September 24, 2013, subject to customary closing conditions. Oasis intends to use the net proceeds from the offering to fund a portion of the purchase price of its recently announced acquisition of oil and gas properties in West Williston. 

Company Quote

26 Mar 2015