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Re: Tuff-Stuff post# 560192

Wednesday, 03/04/2015 8:01:14 AM

Wednesday, March 04, 2015 8:01:14 AM

Post# of 648882
Oasis Petroleum to launch 25M-share public offering

Oasis Petroleum (NYSE:OAS) -4.5% premarket after announcing a public offering of 25M common shares, with an underwriters option to purchase up to another 3.75M shares.
OAS says it intends to use the proceeds to repay outstanding borrowings under its credit facility and for general corporate purposes.

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