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Jan 14, 2015
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Jan 12, 2015

Oasis Petroleum ‘happy’ to have SPO as largest shareholder: CEO

By Ernest Scheyder

WILLISTON, N.D. (Reuters) – North Dakota oil producer Oasis Petroleum welcomes having hedge fund SPO Partners & Co as its largest shareholder, Chief Executive Tommy Nusz said in an interview on Monday, commenting on a fund that has been a shareholder since Oasis went public in 2010.

SPO, which has been steadily increasing its stake in the company since December, bought more than 2 million shares alone late last week, bringing its stake in Oasis to 11.9 percent.

Jan 12, 2015
Jan 12, 2015