Attached files
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8-K - FORM 8-K - Oasis Petroleum Inc. | h79844e8vk.htm |
EX-10.1 - EX-10.1 - Oasis Petroleum Inc. | h79844exv10w1.htm |
Exhibit 99.1
Oasis Petroleum Announces the Addition of Ted Collins, Jr. to Its Board of Directors
Houston, Texas February 17, 2011 Oasis Petroleum Inc. (NYSE: OAS) (Oasis or the
Company) announced today that Mr. Ted Collins, Jr. has been appointed as a Director of the
Company, increasing the members of the Oasis Board of Directors to seven. Beginning on May 1,
2011, Mr. Collins will serve on the Nominating and Governance Committee and the Audit Committee,
replacing Mr. Michael McShane on the Nominating and Governance Committee and Mr. Doug Swanson on
the Audit Committee.
Mr. Collins currently serves as Chairman and Chief Executive Officer of Patriot Resources Partners,
LLC and serves as a director on the Boards of CLL Global Research Foundation and Energy Transfer
Group, L.P. Mr. Collins began his career in 1960 as a Petroleum Engineer with Pan American
Petroleum Corporation. He left in 1963 to become an independent oil operator. He then joined
American Quasar Petroleum Company as Executive Vice President in 1969 until 1982 at which time he
became President of Enron Oil & Gas Company, whose predecessor companies were HNG Oil Co. and
HNG/InterNorth Exploration. He left Enron in 1988 and became President of Collins & Ware, Inc., an
independent oil and gas exploration and production company, which sold the majority of its assets
to Apache Corp. in 2000. Then from 2000 to 2006, he served as President of Collins & Ware
Investments Co. He earned his Bachelor of Science in Geological Engineering from the University of
Oklahoma.
Mr. Thomas B. Nusz, Chairman, President and CEO, said: Ted is a great addition to our Board of
Directors. With an extensive career in the oil and gas industry, he has great leadership
experience and will provide another valuable strategic voice to our board. We are aggressively
drilling up our significant acreage position in the Williston Basin, and we have now another
seasoned team member to help successfully grow our business.
About Oasis Petroleum Inc.
Oasis is an independent exploration and production company focused on the acquisition and
development of unconventional oil and natural gas resources, primarily operating in the Williston
Basin. For more information, please visit our website at www.oasispetroleum.com.
Contact:
Oasis Petroleum Inc.
Richard Robuck, (281) 404-9600
Director Investor Relations
Oasis Petroleum Inc.
Richard Robuck, (281) 404-9600
Director Investor Relations