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Oasis Petroleum $946 million acquisition of Forge Energy Permian assets

11/12/2017
Asset acquisition
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$ 946 million

Announced

11/12/2017

Overview:

  • Oasis Petroleum has acquired Permian assets from Forge Energy for $946 million.
  • The assets consist of 20,300 acres in the Delaware Basin. 
  • Acquisition funds will be provided through a combination of OAS shares, a revolving credit facility and capital market transactions.
  • The deal is expected to close in February. 

Katrin Kostadinova - Data analyst 

Jurisdiction:

United States

Deal type:

Asset acquisition

Practice area:

M&A

Governing law:

United States

Industry sector:

Energy

Firms:
DLA Piper

Party: Forge Energy (Seller)

Vinson & Elkins

Party: Oasis Energy (Acquirer)

Lawyer: John Connally (retired)

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