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Oasis Gushes Over Slick Water Fracs in Bakken; Grows Production 45%

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"Oasis continues to execute on its full-year plan to enhance shareholder value through completion technique changes and resource expansion initiatives," said Thomas B. Nusz, Oasis' Chairman and Chief Executive Officer. "Our first slickwater wells in Indian Hills have continued to produce well above our type curve. In addition, early production results from our first Three Forks slickwater well in Red Bank and a slickwater Bakken well in Montana are expanding the completion technique's applicability across more of our inventory. Both of these Oasis wells are producing 35% or more over comparable wells completed with our base completion design."

Highlights include:

Increased average daily production to 43,668 barrels of oil equivalent per day ("Boepd"), a 45% increase over the second…
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