Crestwood Equity Partners LP /
Oasis Midstream Partners LP
Crestwood Equity Partners LP completes merger with Oasis Midstream Partners LP
- Price
- $160.0m
- Stage
- Closed
What happened
Crestwood Equity Partners LP completed its merger with Oasis Midstream Partners LP on Feb. 1, 2022. Oasis Petroleum Inc. received $160.0 million in cash and approximately 21 million common units of Crestwood for its approximate 70% ownership of OMP and all of the limited liability company interests of OMP GP.
Oasis Petroleum Inc. owned approximately 21.7% of Crestwood’s issued and outstanding common units after the merger.
The source
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Crestwood Equity Partners LP completes merger with Oasis Midstream Partners LP
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