Mike Continues His Series: IPs Are Up For Oasis With 36 Stages

Link here to SeekingAlpha.com.

36 stages and a lot of water and proppant.

Oasis is currently saving approximately one million per well by using Oasis Well Services. By the end of June, it had already completed 9 wells. It estimates a total of 20 wells in 2012. This savings should help to keep well costs down, considering the amount of water and proppant used. I will be real interested in next quarter's results given the use of its own pump trucks.