 HOUSTON, May 20, 2021 PRNewswire -- Oasis Petroleum Inc. NASDAQ: OAS Oasis or the Company announced today it has entered into a series of definitive agreements to sell its entire Permian Basin position for total gross potential consideration of 481MM. The total consideration consists of 406MM at closing and up to three 25MM annual contingent payments in 2023, 2024 and 2025 if WTI averages over 60 per barrel in each respective calendar year. 