Sarfaraz A. Khan
Energy, commodities, macro, long only

Oasis Petroleum: An Efficiency Focused Williston Basin Play With 25% Upside

Oasis Petroleum (NYSE:OAS) is 6.5 years old independent exploration and production company that is focused on developing unconventional oil from Williston Basin. The region in already known for its rich deposits of natural resources, particularly the shale reserves at Bakken and Three Forks. Oasis Petroleum has highly concentrated 335,383 net acres in the region. Over the years, the company has acquired and developed assets at the heart of the play. This has then powered the company's stellar growth over a brief period.

Stellar Growth

Oasis Petroleum is primarily an unconventional oil producer and gets more than 90% of its revenues from oil.The company's acreage is spread across West Williston (in Montana and North Dakota), East Nesson and Sanish...

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