May 26, 2017 12:49 PM 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



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.

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Recent Private Companies Transactions

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