Microwave orange candy coating wafers and oil in microwaveable bowl on HIGH 1 min.; stir until wafers are completely melted. Spoon into piping bag; cut small piece off tip.
Use to pipe circle onto half of each cookie; spread to fill in circle with even layer of orange coating. Place on baking sheet. Gently tap baking sheet on counter to even out layers of coating.
Microwave black candy coating wafers in separate microwaveable bowl 1 min.; stir until melted. Spoon into separate piping bag; cut off tip, then use to draw lines on orange circles to resemble basketballs as shown in photo. Use remaining black candy coating to pipe line under each ball for the rim of the basketball net.
Repeat to melt white candy coating wafers; use to add netting for the basketball hoops as shown in photo. Let stand 10 min. or until firm.