Oasis Petroleum (ticker: OAS) continued its portfolio shift today, selling properties in the Williston Basin in two transactions.

Oasis has agreed to sell its Foreman Butte position and some non-operated assets to buyers that the company declined to disclose. In total, these assets account for 65,000 net acres, and produced 4.4 MBOEPD. Oasis will receive a total of $283 million for the assets, making this the largest sale by the company since early 2014.

Source: Oasis Petroleum Investor Presentation

A price of $283 million means the ac...


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