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HOUSTON, Oct. 19, 2015 /PRNewswire/ — Oasis Petroleum Inc. (NYSE: OAS) (“Oasis” or the “Company”) announced today that it has extended the consent solicitations respecting amendments to the indentures governing its outstanding 7.25% Senior Notes due 2019, 6.5% Senior Notes due 2021 and 6.875% Senior Notes due 2023 that Oasis commenced on October 6, 2015.  Each consent solicitation will now expire at 5:00 p.m., New York City time, on Wednesday, October 21, 2015, unless further extended.

Except as modified by this press release, the terms and conditions of the consent solicitations remain unchanged, and holders of the Notes should refer to Oasis’s Consent Solicitation Statement, dated October 6, 2015.

The Solicitation Agent in connection with the consent solicitations is Wells Fargo Securities, LLC. Questions regarding the consent solicitations may be directed to Wells Fargo Securities, LLC, Attention: Liability Management Group at (866) 309-6316 (toll free) or (704) 410-4760 (collect). D. F. King & Co., Inc. is serving as Information Agent and Tabulation Agent in connection with the consent solicitations. Requests for assistance in delivering consents or for additional copies of the Consent Solicitation Statement should be directed to the Information Agent at (800) 499-8159 (toll free) or (212) 269-5550 (banks and brokers) (collect).

This announcement is not an offer to purchase, a solicitation of an offer to purchase, or a solicitation of consents with respect to any securities. The consent solicitations are being made solely by Oasis’s Consent Solicitation Statement, as amended by this press release, and are subject to the terms and conditions stated therein and herein.