Oasis Petroleum announces public offering of 7 mln shares of common stock: Co announced that it has commenced an underwritten public
offering of 7,000,000 shares of common stock. Oasis intends to use the
net proceeds of this offering to repay outstanding borrowings under
its credit facility and for general corporate purposes. Citigroup
Global Markets Inc. is acting as the sole underwriter for the offering.
This will bring outstanding shares from current 94 million to about 100 million.
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