September 26, 2016 7:46 AM ET

Oil, Gas and Consumable Fuels

Company Overview of Fidelity Exploration & Production Company

Company Overview

Fidelity Exploration & Production Company was formerly known as Fidelity Oil Group, Inc. and changed its name to Fidelity Exploration & Production Company in August 1999. The company was founded in 1930 and is based in Denver, Colorado. Fidelity Exploration & Production Company operates as a subsidiary of WBI Holdings Inc.

1801 California Street

Suite 2500

Denver, CO 80202-2638

United States

Founded in 1930

Phone:

303-893-3133

Key Executives for Fidelity Exploration & Production Company

Chief Financial Officer
Vice President - Production Business Unit
Vice President - Growth Business Unit
Compensation as of Fiscal Year 2016.

Fidelity Exploration & Production Company Key Developments

Pat O'Bryan Plans to Leave Fidelity Exploration & Production Company as President and CEO

MDU Resources Group Inc. announced that Pat O'Bryan, president and CEO of Fidelity Exploration &Production Company, is leaving the company, effective February 29, 2016. O'Bryan joined the company in 2011 as vice president of drilling and completions. He was named president in 2014 and CEO in early 2015. Prior to joining Fidelity, O'Bryan held vice president positions in drilling and completions and production at BP.

Fidelity Exploration & Production Co. Announces Shutting Down Operations and Eliminates 106 Jobs

Fidelity Exploration & Production Co. announced that it is shutting down operations and eliminating 106 jobs - about 75 of them at its Denver headquarters. In addition to shutting down the Denver headquarters, Fidelity also is eliminating operations and permanently closing its offices in Baker, Glendive and Saco, Montana; Stanley, North Dakota; Minden, Texas; and Moab, Utah. The layoffs are expected to be completed by June 30, 2016.

MDU Resources Seeks To Divest Fidelity

MDU Resources Group Inc. (NYSE:MDU) is also trying to sell off its oil and gas exploration subsidiary, Fidelity Exploration and Production Company, but has not announced a deal to date.

Similar Private Companies By Industry

Company Name Region
102 Oil Wells in East Texas Field United States
11 Good Energy, Inc. United States
1280 Horizons, LLC United States
15 Fields in Williston Basin United States
153 Woodbine Wells in The East Texas Oil Field in Rusk County United States

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
May 12, 2016
Assets in East Texas and North Louisiana
Merger/Acquisition
April 5, 2016
Fidelity Exploration & Production Company, Oil and Natural Gas Assets
Merger/Acquisition
November 2, 2015
Fidelity Exploration & Production Company, Oil and Natural Gas Assets
 

The information and data displayed in this profile are created and managed by Capital IQ, a Standard & Poor's company. Bloomberg.com does not create or control the content. For inquiries, please contact Capital IQ directly by clicking here.

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
NYC2012, Inc. United States
Bertelsmann AG Europe
Rush University United States
The Advertising Council, Inc. United States

Sponsored Financial Commentaries

Sponsored Links

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact Fidelity Exploration & Production Company, please visit --. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.