Monday, January 24, 2011

Oasis Petroleum Inc. Announces 2010 Results

Highlights....

Estimated proved reserves nearly tripled in 2010 to 39.8 million barrels of oil equivalent, up from 13.3 million barrels of oil equivalent in 2009.

In 2010, Oasis drilled and completed 26 gross operated wells in the Williston Basin. As of December 31, 2010, there were 35 gross (14.7 net) wells awaiting completion or in the process of drilling.

Oasis increased average daily production by 155% from 3,073 Boe/d in the quarter ending December 31, 2009 to 7,842 Boe/d in the month of November 2010.

Read more...

No comments:

------------------------------------