Moody's might up Oasis Petroleum

Moody's Investors Service said it placed Oasis Petroleum Inc.'s corporate family rating, probability of default rating and senior note ratings on review for upgrade.

Moody's said that with 95% of its production comprised of oil, Oasis is well positioned to enjoy robust cash flow generation for at least the next few years based on the agency's expectation for a sustained high oil price environment.

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