Oasis Petroleum Completes Restructuring, Emerges From Chapter 11

Oasis Petroleum restructures its balance sheet and reduces its prepetition debt by $1.8b.

• Oasis also resolves the Mirada litigation, pursuant to the restructuring support agreement and the pre-packaged restructuring plan
• NOTE: Nov. 10, Oasis Petroleum Debt-to-Equity Bankruptcy Plan Approved by Court

To view the source of this information click here

To contact the reporter on this story:
Jim Silver in New York at jsilver@bloomberg.net

To contact the editor responsible for this story:
Maria Jose Valero at mvalero3@bloomberg.net

© 2020 Bloomberg L.P. All rights reserved. Used with permission.