Oasis Petroleum (OAS) Tops Q3 EPS by 3c

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Oasis Petroleum Inc. Announces Quarter Ended September 30, 2015 Earnings

November 3, 2015 4:15 PM EST

HOUSTON, Nov. 3, 2015 /PRNewswire/ -- Oasis Petroleum Inc. (NYSE: OAS) ("Oasis" or the "Company") today announced financial results for the quarter ended September 30, 2015 and provided an operational update.

Highlights include:

Exceeded production guidance range and increased average daily production to 50,546 barrels of oil equivalent per day ("Boepd"), a 10% increase over the third quarter of 2014. Completed and placed on production 20 gross (15.4 net) operated and 0.7 net non-operated wells in the third quarter of 2015. Total capital expenditures ("CapEx") were $78.1 million for the three months ended September 30, 2015 and $519.6 million... More