EnCap Taking Oasis Petroleum Public

Oasis Petroleum has filed to go public on the NYSE with an offering amount of $350 million. The company is an independent exploration and production company focused on the acquisition and development of unconventional oil and natural gas resources. Oasis was formed in 2007 by EnCap Investments, which has invested a total of $235 million in the company. Oasis reported 2009 revenues of $37.7 million, an EBITDA of $16.6 million and a net loss of $15.2 million.