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Oasis Midstream Partners LP Announces First Quarter 2021 Results, Increases Distribution and Updates 2021 Outlook


Oasis Midstream Partners LP Announces First Quarter 2021 Results, Increases Distribution and Updates 2021 Outlook
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HOUSTON, May 3, 2021 /PRNewswire/ Oasis Midstream Partners LP (NASDAQ: OMP) ( OMP or the Partnership ) today announced financial and operating results for the first quarter of 2021, declared its first quarter 2021 distribution and updated its 2021 outlook.
1Q21 Operational and Financial Highlights:
Acquired remaining interests in Bobcat DevCo and Beartooth DevCo from Oasis Petroleum and eliminated IDRs (the Simplification );
Completed private placement of $450.0MM in aggregate principal amount of 8.00% senior unsecured notes due 2029;
Recently signed multiple incremental third-party contracts and continue to work a robust pipeline of new opportunities in the Williston and Permian Basins; ....

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