Houston-based E&P co. plans IPO for midstream MLP

Houston-based Oasis Petroleum Inc. (NYSE: OAS) plans to create a master limited partnership for some of its midstream assets and take the MLP public.

Oasis plans to file a registration statement for the initial public offering before the end of June, but no other details about the potential IPO were disclosed.

Oasis would contribute midstream assets in the Williston Basin area of North Dakota and/or Montana to the MLP. The assets would include a portion of Oasis’ crude oil gathering and transportation…

Houston-based E&P co. plans IPO for midstream MLP syndicated post

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