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July 03, 2015 7:21 PM ET

Oil, Gas and Consumable Fuels

Company Overview of Oasis Petroleum Inc.

Company Overview

Oasis Petroleum Inc., an independent exploration and production company, focuses on the acquisition and development of unconventional oil and natural gas resources in the North Dakota and Montana regions of the Williston Basin. The company's principal projects are located in West Williston and East Nesson. As of December 31, 2014, it had 505,503 net leasehold acres in the Williston Basin; and approximately 272.1 million barrels of oil equivalent of estimated net proved reserves. The company sells its oil and natural gas to refiners, marketers, and other purchasers that have access to pipeline and rail facilities. Oasis Petroleum Inc. was founded in 2007 and is headquartered in Houston, Texas...

1001 Fannin Street

Suite 1500

Houston, TX 77002

United States

Founded in 2007

555 Employees



Key Executives for Oasis Petroleum Inc.

Chairman and Chief Executive Officer
Age: 55
Total Annual Compensation: $1.5M
President, Chief Operating Officer and Director
Age: 52
Total Annual Compensation: $850.0K
Chief Financial Officer and Executive Vice President
Age: 40
Total Annual Compensation: $643.5K
Executive Vice President, General Counsel and Corporate Secretary
Age: 46
Total Annual Compensation: $561.6K
Chief Accounting Officer and Senior Vice President
Age: 56
Total Annual Compensation: $403.0K
Compensation as of Fiscal Year 2014.

Oasis Petroleum Inc. Key Developments

Oasis Petroleum Inc.(NYSE:OAS) added to Russell 2000 Index

Oasis Petroleum Inc. will be added to Russell 2000 Index

Oasis Petroleum Inc.(NYSE:OAS) dropped from Russell 1000 Index

Oasis Petroleum Inc. will be removed from Russell 1000 Index.

Oasis Petroleum Announces Management Changes

On June 11, 2015, Roy W. Mace, Senior Vice President and Chief Accounting Officer of Oasis Petroleum Inc., gave notice of his retirement from the company, effective August 15, 2015. Mr. Mace will continue to serve as Senior Vice President and Chief Accounting Officer until his retirement date. Upon his retirement, Mr. Mace's accounting duties will be reassigned among Mr. Michael H. Lou, Executive Vice President and Chief Financial Officer, and Ms. Lara Kroll, Controller.

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