The Texas Lawbook

Free Speech, Due Process and Trial by Jury

Oasis Merges with Whiting Petroleum in $6B Deal

Following a report in The Wall Street Journal late Sunday, Whiting Petroleum Corp. and Oasis Petroleum Inc. announced Monday they have agreed to combine in a merger of equals transaction worth $6 billion.

Whiting shareholders will receive 0.5774 shares of Oasis common stock and $6.25 in cash for each of their shares as well as a special dividend of $15 per share.

Claire Poole

Claire Poole is a senior writer at The Texas Lawbook, where she covers corporate transactions.

©2026 The Texas Lawbook.

Content of The Texas Lawbook is controlled and protected by specific licensing agreements with our subscribers and under federal copyright laws. Any distribution of this content without the consent of The Texas Lawbook is prohibited.

If you see any inaccuracy in any article in The Texas Lawbook, please contact us. Our goal is content that is 100% true and accurate. Thank you.

© Copyright 2026 The Texas Lawbook
The content on this website is protected under federal Copyright laws. Any use without the consent of The Texas Lawbook is prohibited.