Chord Energy Corp. announced the successful completion of the combination of Whiting Petroleum Corp. and Oasis Petroleum Inc., creating a scaled unconventional U.S. oil producer with a premier Williston Basin position with top tier assets across approximately 972,000 net acres, combined first quarter production of 171.1 thousand boepd, and enhanced free cash flow generation. Chord's common stock is expected to begin [...]
Oasis Petroleum Inc. announced that its Board of Directors has, subject to certain conditions, declared a special dividend of $15.00 per share of Oasis common stock. The special dividend is being declared in connection with, and its payment is subject to, the closing of Oasis' previously announced merger with Whiting Petroleum Corp. The special dividend would be payable following the closing of the Merger to Oasis [...]
Whiting Petroleum Corp. and Oasis Petroleum Inc. today announced they have entered into an agreement to combine in a merger of equals transaction. The combined company will have a premier Williston Basin position with top tier assets across approximately 972K net acres, combined production of 167.8 thousand boepd, significant scale and enhanced free cash flow generation to return capital to shareholders. This press [...]
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