Filing Details

Accession Number:
0001209191-10-035699
Form Type:
4
Zero Holdings:
No
Publication Time:
2010-06-24 13:00:00
Reporting Period:
2010-06-22
Filing Date:
2010-06-24
Accepted Time:
2010-06-24 21:41:42
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1486159 Oasis Petroleum Inc. OAS Crude Petroleum & Natural Gas (1311) 000000000
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1229915 L Robert Zorich 1100 Louisiana, Suite 3150
Houston TX 77002
Yes No Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Disposition 2010-06-22 17,930,000 $13.16 43,700,000 No 4 S Direct
Common Stock Acquisiton 2010-06-22 4,500 $0.00 4,500 No 4 A Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
No 4 A Direct
Footnotes
  1. OAS Holding Company LLC ("OAS Holdco") sold 11,630,000 shares of common stock to the public in connection with the initial public offering of the issuer on June 22, 2010 (the "IPO"). Pursuant to the underwriting agreement and in connection with the IPO, the underwriters exercised their option (the "Over-Allotment Option") to purchase additional shares of common stock from OAS Holdco. The Over-Allotment Option closed simultaneously with the IPO. OAS Holdco sold an additional 6,300,000 shares of common stock pursuant to the underwriters' exercise of the Over-Allotment Option.
  2. EnCap Energy Capital Fund VI, L.P. ("EnCap Fund VI"), EnCap VI-B Acquisitions, L.P. ("EnCap VI-B") and EnCap Energy Capital Fund VII, L.P. ("EnCap Fund VII" and, together with EnCap Fund VI and EnCap VI-B, the "EnCap Funds") collectively own a 61% interest in OAS Holdco. Therefore, the EnCap Funds may be deemed to beneficially own the reported securities.
  3. The EnCap Funds are controlled indirectly by Messrs. Miller, Phillips, Petersen, and Zorich which are members of RNBD GP LLC ("RNBD") and any action taken by RNBD to dispose or acquire securities has to be unanimously approved by all four members. RNBD is the sole member of EnCap Investments GP, L.L.C. ("EnCap Investments GP"), which is the general partner of EnCap Investments L.P. ("EnCap Investments LP"), which is the general partner of EnCap Equity Fund VI GP, L.P. ("EnCap Fund VI GP") and EnCap Equity Fund VII GP, L.P. ("EnCap Fund VII GP"). EnCap Fund VI GP is the sole general partner of each of EnCap Fund VI and EnCap VI-B, and EnCap Fund VII GP is the sole general partner of EnCap Fund VII. Therefore, Messrs. Miller, Phillips, Petersen and Zorich, RNBD, EnCap Investments GP, EnCap Investments LP, EnCap Fund VI GP and EnCap Fund VII GP may be deemed to beneficially own the reported securities.
  4. This report is filed in connection with the Form 4 filed jointly today by Messrs. Miller, Phillips and Petersen and RNBD and the Form 4 filed jointly today by the EnCap Funds, EnCap Investments GP, EnCap Investments LP, EnCap Fund VI GP and EnCap Fund VII GP.
  5. The reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the reported securities for purposes of Section 16 or for any other purpose.
  6. Represents shares of restricted stock received by the reporting person from the issuer as director compensation.