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OASIS PETROLEUM INC. (NYSE:OAS) Files An 8-K Results of Operations and Financial Condition

OASIS PETROLEUM INC. (NYSE:OAS) Files An 8-K Results of Operations and Financial Condition

Item 2.02 Results of Operations and Financial Condition.

On May 8, 2017, Oasis Petroleum Inc. (the Company) announced its
results for the quarter ended March 31, 2017. A copy of the
Companys press release is furnished as Exhibit 99.1 to this Current
Report on Form 8-K.
Item 5.07 Submission of Matters to a Vote of Security Holders.
The Company held its 2017 Annual Meeting of Stockholders (the
Annual Meeting) on May 4, 2017. At the Annual Meeting, the Companys
stockholders were requested to: (1) elect three Class I Directors
to serve on the Companys Board of Directors for a term of office
expiring at the Companys 2020 Annual Meeting of Stockholders; (2)
ratify the selection of PricewaterhouseCoopers LLP as the Companys
independent registered public accounting firm for 2017; (3)
approve, on an advisory basis, the compensation of our named
executive officers as disclosed in the Company’s proxy statement;
and (4) approve, on an advisory basis, the selection of the
frequency of future advisory votes on named executive officer
compensation. The following are the final voting results on
proposals considered and voted upon at the meeting, each of which
is more fully described in the Companys proxy statement filed on
March 22, 2017:
1. Each of the Class I directors that were up for election was
elected for a term of three years. Votes regarding the election
of these directors were as follows:
NOMINEE
VOTES FOR
WITHHELD
BROKER NON-VOTES
Ted Collins, Jr.
165,406,281
15,268,389
30,815,759
John E. Hagale
178,153,477
2,521,193
30,815,759
Douglas E. Swanson, Jr.
170,241,087
10,433,583
30,815,759
2. PricewaterhouseCoopers LLP was ratified as the Companys
independent registered public accounting firm for 2017. The
voting results were as follows:
VOTES FOR
VOTES AGAINST
VOTES ABSTAINED
210,532,576
782,723
175,130
3. The Board proposal seeking approval, on an advisory basis, of
the compensation of the Companys executive officers was approved.
The voting results were as follows:
VOTES FOR
VOTES AGAINST
VOTES ABSTAINED
BROKER NON-VOTES
173,520,951
6,974,659
179,060
30,815,759
4. The Board proposal regarding the frequency of future
non-binding advisory votes to approve the compensation of the
Companys executive officers every one, two, or three years, was
approved for holding future votes every year. The voting results
were as follows:
ONE YEAR
TWO YEARS
THREE YEARS
VOTES ABSTAINED
BROKER NON-VOTES
150,637,589
143,314
29,751,779
141,988
30,815,759
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
Exhibit No.
Description of Exhibit
99.1
Press Release dated May 8, 2017.
THE INFORMATION CONTAINED IN ITEM 2.02 OF THIS CURRENT REPORT,
INCLUDING EXHIBIT 99.1 ATTACHED HERETO, SHALL NOT BE DEEMED FILED
FOR THE PURPOSES OF SECTION 18 OF THE SECURITIES AND EXCHANGE ACT
OF 1934, NOR SHALL IT BE DEEMED INCORPORATED BY REFERENCE INTO ANY
REGISTRATION STATEMENT OR OTHER FILING TO THE SECURITIES ACT OF
1933, EXCEPT AS OTHERWISE EXPRESSLY STATED IN SUCH FILING.

About OASIS PETROLEUM INC. (NYSE:OAS)
Oasis Petroleum Inc. is an independent exploration and production company. The Company is focused on the acquisition and development of unconventional oil and natural gas resources in the North Dakota and Montana regions of the Williston Basin. Its segments include Exploration and Production, which is engaged in the acquisition and development of oil and natural gas properties; Well Services, which performs completion services for the Company’s oil and natural gas wells operated by Oasis Petroleum North America LLC (OPNA), and Midstream Services, which performs salt water gathering and disposal and other midstream services for the Company’s oil and natural gas wells operated by OPNA. The Company’s projects include Williston Basin, West Williston and East Nesson. It also operates a well services business through Oasis Well Services LLC (OWS) and a midstream services business through Oasis Midstream Services LLC (OMS). OASIS PETROLEUM INC. (NYSE:OAS) Recent Trading Information
OASIS PETROLEUM INC. (NYSE:OAS) closed its last trading session up +0.19 at 12.12 with 11,811,752 shares trading hands.

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