Oasis Petroleum offers stock to raise funds for Bakken purchase

October 18, 2016 12:45 PM

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Oasis Petroleum offers stock to raise funds for Bakken purchase

Oasis Petroleum is an oil and gas exploration and production company focusing on oil fields in North Dakota.

Oasis Petroleum Inc. is banking on the proceeds from millions of shares of common stock to fund part of its planned acquisition of another company's Bakken Shale assets.

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