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BS - Oasis’ Williston position fueling company-wide growth - April 2019

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While Oasis Petroleum has expanded its portfolio outside of the Williston Basin by adding Permian assets, the Williston is still the company’s focus. For 2019, Oasis has allocated 75% of its $540-560 million capex to the basin; the overall budget is down 40% YOY so that the company will be free cash flow positive at $50 WTI. Oasis plans to complete 70 wells in the Williston this year, with working interests averaging 65%. During 2018, Oasis increased its guidance......
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