NOVEMBER 2020 Investor Presentation www.oasismidstream.com
Oasis Midstream Partners Premier Gathering and Processing Company Focused in the heart of the Williston and the Delaware Strategic Partnership with Williston Oasis Petroleum (OAS) Basin Diversified Midstream Platform…
Strategic Partnership with Sponsor, Oasis Petroleum Strong relationship is getting even better OMP Highlights Sponsor Highlights Strong midstream contracts designed to survive a Sponsor continues to receive great service through…
Overview of Oasis Restructured Oasis (1) beneficial to OMP Stronger Oasis will make OMP Stronger OAS DebtProduction Before andProfile (MBoepd) After Restructuring (MM) Improved financial position = resilient development 2,278…
Midstream Platform Provides Basin, Commodity, and Customer Diversification OMP assets situated in four DevCos across two premier basins BIGHORN DevCo BOBCAT DevCo Beartooth DevCo Wild Basin Area Outside Wild Basin: Produced Wild…
Capital Efficient Infrastructure - Williston Existing Footprint Supports Growth Through OAS and Third Parties in a Capital Efficient Manner Extensive infrastructure in the Core of the Williston Oasis Midstream with OAS Dedications(1)…
Capital Efficient Infrastructure - Panther DevCo Strategically Located Oil & Produced Water Infrastructure in the Delaware Basin Delaware Basin Position Panther DevCo Project Highlights Operates oil gathering and produced water…
Strategic Asset Base Captures Full Value Chain Strategically designed to capture fee-based revenue across asset base Bighorn and Bobcat Value Chain Takeaway Oil Blending, Transportation to Stabilization & Storage Johnsons…
Strong Track Record Premier MLP with peer EBITDA, 3rd Party, and distribution performance Overall EBITDA Growth OMP & 3rd Party EBITDA(1) 60 50% 175 49 45% 144 50 46 150 40% 42 140 3rd Party % of Total 125 37 35% 40…
Stable and Predictable Free Cash Flow Our Core Financial Strategy Aggressively managing costs in down cycle (SWD shut-ins, contractor management) Deliver stable, fee-based revenues under acreage dedications Generate Stable Cash…
Oasis - Commitment to Doing the Right Thing Values and Culture support commitment to Sustainability Environmental Social Governance Best in Class Gas Capture World Class Board Oasis flared gas percentage Investing in our people:…
Key Investment Highlights for Oasis Midstream Partners Strategically located midstream assets in the heart of the Williston and Delaware Basins Strategic Partnership with Oasis Petroleum (OAS) Diversified Midstream Platform…
Appendix
Leading Midstream Operator Positioned in the two best oil plays in North America Oasis Midstream at a Glance Organizational Structure Strategically located gathering and processing infrastructure in the heart of the Williston and…
Strategically Located Infrastructure In the Heart of the Williston Basin Oasis Williston Basin Midstream Infrastructure Map (1) Divide Burke Beartooth Project Areas Cottonwood Extensive network of produced water Sheridan…
Diverse, Large-Scale Midstream Platform in Williston Core Asset overview Bighorn & Bobcat Oasis Midstream with OAS Dedications(1) North Dakota Oil Stabilization, Blending, Storage Burke Montana Oil Gathering and Transport…