Oasis Investment Highlights Williston core inventory of 810 gross operated locations Strong Portfolio with Growing 601 core gross operated locations in the Delaware Inventory(1) Strong portfolio located in the core of the two…
Strong Portfolio with Growing Inventory Oil-weighted, core-focused in best basins in North America Combined Statistics(1) Our Williston Asset (1)(2) Williston Delaware Total Core Extended Core Fairway Net Acres (000s) 503 22 525…
Capital Discipline Prudent management of capital throughout all cycles Free Cash Flow History (MM) (1) Production Growth Profile (2) 700 659 120 600 563 561 534 94.0 100 500 97 84.5 406 91.0 Mboepd 383 80 400 83.0 60…
Returns Focused Translating leading returns in Williston to entire portfolio Proved Developed F&D Comparison (/boe) (1) Peer Leading Margins (1,2) 36 33.96 33.35 33.22 20 32.09 31.51 15.84 16.51 30 28.52 28.41 14.84 15.07…
Midstream Upside OMP is premier MLP with peer leading growth Midstream/OMP Asset Highlights Significant OMP EBITDA Growth (MM) Oasis expects to fund midstream capital through OMP 125 108 285MM to 300MM of gross capital invested…
2018 E&P Plan Highlights(1) Execution success drives volumes higher 2018 Development Activity 2018 Production Highlights 100 94.0 Complete 110 operated wells 73% WI 88.0 90 91.0 +Non-op activity 65MM 80 85.0 Well costs…
Williston Basin 9
Robust Inventory in the Heart of the Williston Basin (1) Increased core inventory year over year Enhanced Completion Expansion Williston Inventory Locations Burke MONTANA NORTH DAKOTA 585 602 483 467 Divide Cottonwood…
Core Williston Well Performance Update Wild Basin and Alger Bakken Well Performance (1) Other Core Areas Bakken Well Performance (2) 400 400 350 350 Cumulative Normalized Oil (Mbbls) Cumulative Normalized Oil (Mbbls) 300…
Operational Excellence Demonstrated capital efficiency & low operating cost structure Track Record of Efficient Full-Field Development Experienced in full field horizontal development targeting stacked pays Over 800 wells drilled…
Strategically Located Infrastructure in the Heart of the Williston Midstream assets allow us to minimize operating costs and ensure quality, timing & capacity of service Midstream Asset Highlights Williston Midstream Asset Footprint…
Delaware Basin 14
Core Delaware Basin Asset Premier multi-stacked, oil-focused Asset Key Asset Highlights Premier Position in the Core of the Delaware Advantaged geologic position Deepest part of the Delaware Basin Thick reservoirs with high OOIP…
Delaware Core Type Curve and Inventory Oasis wells are outperforming offset operators type curves Wolfcamp A and B (1) Core Highlights 450 All wells still flowing without artificial lift 400 UL Bighorn 1H (Wolfcamp A, 9,400 ft…
Financial Highlights 17
Financial Highlights (1) Disciplined management of the balance sheet through all cycles Strong Borrowing Base & Liquidity No Near-Term Maturities (MM) Oasis Borrowing Base of 1.6Bn (1.35Bn Committed) 1,600 651MM drawn under…
Key Investment Highlights for Oasis Petroleum Operational scale with top-tier assets in the two best U.S. oil basins focused on the Core of the North American Core Large, contiguous acreage positions configured for efficient…
Appendix 20
Well Services (OWS) Adding value through vertical integration Strategic Advantages OWS Fleet OWS provides material cost-advantages, availability of quality service and flexibility Enhances overall operational scale and market…
Oil and Gas Infrastructure in the Williston Marketing team provides peer leading realized prices Marketing Highlights 3rd Party Crude Oil Gathering Infrastructure Crude oil gathering MONTANA NORTH DAKOTA Marketing strategy centered…
Delaware - Thick, Multi-Stacked Pay Potential with Large Inventory Upside Conservative inventory assumptions provide room for upside Formation Type Log Development Pattern Wells Column (Not to Scale) per DSU Thickness Delaware…
Oasis Financial Metrics Backup and Hedge Position Oasis and OMP Breakout Financial Metrics Backup Attributable to Non-Controlling Oasis (MM) Oasis OMP Consolidated (MM) Oasis Interest Consolidated Senior Notes 2,039.4 0.0 2,039.4…