Dec 23, 2020Oasis Petroleum Announces Retirement of Thomas Nusz and Appointment of Douglas E. Brooks as Chief Executive Officer
Oasis Petroleum Inc. (Nasdaq: OAS) ("Oasis" or the "Company") today announced that Thomas Nusz, the Company's Chief Executive Officer, retired from his position as Chief Executive Officer of Oasis...
Nov 19, 2020Emerges from Chapter 11 with a Significantly Stronger Balance Sheet, Poised for Long-Term Returns-Focused Success
Oasis Petroleum Inc. ("Oasis Petroleum" or the "Company") today announced that it has successfully completed its financial restructuring and emerged from Chapter 11. Oasis Petroleum has...
Nov 10, 2020Expects to Emerge from Chapter 11 Within 30 Days with Strengthened Balance Sheet
Oasis Petroleum Inc. ("Oasis Petroleum" or the "Company") today announced that the United States Bankruptcy Court for the Southern District of Texas (the "Court") has confirmed its "pre-packaged"...
Sep 30, 2020Oasis Petroleum Takes Action to Strengthen Balance Sheet with the Support of its Lenders and an Ad Hoc Committee of NoteholdersRestructuring Support Agreement ("RSA") and Consensual Prepackaged Plan to be Implemented through Voluntary Chapter 11 Process; Restructuring to Reduce Debt by $1.8 Billion
Oasis Petroleum Inc. (NASDAQ: OAS) ("Oasis Petroleum" or the "Company") today announced that it has entered into a restructuring support agreement (the "RSA") with substantially all of its lenders...
Sep 18, 2020Oasis Petroleum Enters Interest Payment Grace Period to Continue Discussions with Lenders and NoteholdersBusiness Operations Continuing in the Normal Course
Oasis Petroleum Inc. (NASDAQ: OAS) ("Oasis Petroleum" or the "Company") today announced that the Company elected to enter into a 30-day grace period and defer making the interest payments due...