One-Page Deal Sheet
Oasis Sells Bakken Water Assets to Oasis Midstream for $510MM Cash/Stock
Oasis Midstream Partners LP Oasis Petroleum Inc.
Announced Date
March 22,2021
Transaction Type
Asset
Location
Region
Williston Basin
Country
United States
State
North Dakota
Play
Transaction Details: Subscribe to see
Oasis Petroleum Inc. has inked a simplification agreement in which it would contribute all of its remaining interests in Bobcat DevCo LLC and Beartooth DevCo LLC to Oasis Midstream Partners LP for $510 million in cash/stock ($229 million cash / 14.8 million shares worth $281 million).
The divested assets include the Partnership's IDRs, an approximate 65% interest in Bobcat DevCo, and a 30% interest in Beartooth DevCo.
Bobcat DevCo's assets are focused on the Wild Basin operating area and include gas gathering, compression and gas lift, crude oil gathering and produced water gathering and…| Announced Date | Buyer | Seller | Deal Value($mm) | Location | Category |
|---|---|---|---|---|---|
| Oct-26-2021 |
-  |
- |
Click here | North Dakota | Midstream |
| Feb-19-2019 |
- |
- |
Click here | North Dakota | Midstream |
| Nov-08-2018 |
- |
- |
Click here | Midstream | |
| Apr-30-2018 |
- |
- |
Click here | Midstream | |
| Feb-08-2018 |
- |
- |
Click here | North Dakota | Midstream |