Oasis Petroleum (OAS)
Posted: Sat Jun 02, 2012 1:39 pm
Oasis Petroleum (OAS): An updated company profile for OAS has been posted under the Sweet 16 Tab.
Oasis Petroleum (OAS) is currently a pure play on the Williston Basin Bakken Shale / Three Forks Play in North Dakota and Eastern Montana. It is heavily weighted to oil. The company has a large, concentrated acreage position with a significant low risk development drilling inventory. It has substantial upside potential with known catalysts, a growing production profile, and management with resource play execution experience.
Oasis’ large de-risked acreage position in the Bakken Shale makes it a prime takeover target for any large-cap seeking to get into this world class oil play.
The company's production guidance for 2012 is for 90% year-over-year growth. It has high double-digit production growth locked in for several years.
Oasis Petroleum (OAS) is currently a pure play on the Williston Basin Bakken Shale / Three Forks Play in North Dakota and Eastern Montana. It is heavily weighted to oil. The company has a large, concentrated acreage position with a significant low risk development drilling inventory. It has substantial upside potential with known catalysts, a growing production profile, and management with resource play execution experience.
Oasis’ large de-risked acreage position in the Bakken Shale makes it a prime takeover target for any large-cap seeking to get into this world class oil play.
The company's production guidance for 2012 is for 90% year-over-year growth. It has high double-digit production growth locked in for several years.