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Oasis Petroleum prices IPO at $14, at the midpoint of the range

June 17, 2010
OAS

Oasis Petroleum, an independent E&P producing oil in North Dakota and Montana, raised $588 million by offering 42 million shares at $14, at the midpoint of its range of $13-$15. Oasis Petroleum plans to list on the NYSE under the symbol OAS. Morgan Stanley and UBS Investment Bank acted as lead managers on the deal.