UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): December 22, 2010
OASIS PETROLEUM INC.
(Exact name of registrant as specified in its charter)
Delaware | 001-34776 | 80-0554627 | ||
(State or other jurisdiction of | (Commission File Number) | (I.R.S. Employer | ||
incorporation or organization) | Identification No.) |
1001 Fannin Street, Suite 1500 | ||
Houston, Texas | 77002 | |
(Address of principal executive offices) | (Zip Code) |
Registrants
telephone number, including area code: (281) 404-9500
Not Applicable.
(Former name or former address, if changed since last report)
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy
the filing obligation of the registrant under any of the following provisions (see General
Instruction A.2. below):
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
240.13e-4(c))
Item 8.01 Other Events.
On December 22, 2010, Roy W. Mace, our Senior Vice President and Chief Accounting Officer, and
Walter S. Smithwick, our Senior Vice President Operations, entered into planned trading programs
pursuant to Rule 10b5-1 of the Securities Exchange Act of 1934, which we refer to as 10b5-1
plans. In addition, on December 23, 2010, Robert J. Candito, our Senior Vice President
Exploration, and Kent O. Beers, our Senior Vice President Land, entered into 10b5-1 plans. Rule
10b5-1 provides guidelines for officers, directors and other insiders to prearrange sales of their
companys securities in a manner that avoids concerns about initiating stock transactions while in
possession of material nonpublic information. Other officers and directors of the Company may adopt
plans pursuant to Rule 10b5-1 in the future.
Actual transactions completed under individual 10b5-1 plans will be reported from time
to time on forms filed with the Securities and Exchange Commission. This Current Report on Form
8-K is being filed in order to comply with the disclosure requirements of our insider trading
policy. Except as may be required by law, we do not undertake to report modifications,
terminations or other activities under current or future 10b5-1 plans established by our officers
and directors.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly
caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
OASIS PETROLEUM INC. (Registrant) |
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Date: December 23, 2010 | By: | /s/ Thomas B. Nusz | ||
Thomas B. Nusz | ||||
Chairman, President and Chief Executive Officer | ||||