News Releases

Jul 26, 2011
Oasis to Announce Second Quarter 2011 Results and Announces Participation in Upcoming Conferences

HOUSTON, July 26, 2011 /PRNewswire/ -- Oasis Petroleum Inc. (NYSE: OAS) ("Oasis" or the "Company") plans to announce its second quarter 2011 financial and operational results on Monday, August 8, 2011, after the close of trading on the NYSE. Additionally, the Company will host a conference call on Tuesday, August 9, 2011 at 10:00 a.m. Central Time to discuss its second quarter 2011 financial and operational results. Investors, analysts and other interested parties are invited to listen to the conference call via the Company's website at www.oasispetroleum.com or by dialing 877-621-0256 (U.S. participants) or 706-634-0151 (International participants); the Conference ID is 81527817. A recording of the conference call will be available by dialing 800-642-1687 (U.S.) or 706-645-9291 (International), using the Conference ID 81527817 beginning at 1:00 p.m. Central Time on the day of the call, and available until Wednesday, August 17, 2011. The conference call will also be available for replay for approximately 30 days at www.oasispetroleum.com.

The Company also announced today that management is scheduled to participate in the following energy conferences and investor events:

Tudor, Pickering, Holt & Co.'s 2011 Hotter 'N Hell Energy Conference on Thursday, August 11, 2011 in Houston, TX.
EnerCom's "The Oil & Gas Conference®" on Monday, August 15, 2011 at 10:55 a.m. Mountain Time in Denver, CO. A link to the live webcast of this presentation will be available at www.oasispetroleum.com.

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 the Company's website at www.oasispetroleum.com.

Contact:
Oasis Petroleum Inc.
Richard Robuck, (281) 404-9600
Director � Investor Relations

SOURCE Oasis Petroleum Inc.

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