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Oasis Midstream Partners Announces Retirement of Thomas Nusz and Appointment of Douglas E. Brooks to Board of Directors
HOUSTON, Dec. 23, 2020 /PRNewswire/ -- Oasis Midstream Partners LP (NYSE: OMP) (the "Partnership" or "OMP") today announced that Thomas Nusz, Oasis Petroleum
About this update from Chord Energy Corporation
[{"type":"text","content":"HOUSTON, Dec. 23, 2020 /PRNewswire/ -- Oasis Midstream Partners LP (NYSE: OMP) (the \"Partnership\" or \"OMP\") today announced that Thomas Nusz, Oasis Petroleum Inc.'s (\"Oasis\") Chief Executive Officer, retired from his position as Chief Executive Officer of Oasis and its Board of Directors effective December 22, 2020. He will remain employed by Oasis through December 30, 2020. At the same time, Mr. Nusz also retired from his position as the Chairman of the board of directors of the general partner of OMP. Douglas E. Brooks, Oasis' Board Chair, has been elected to serve on the board of directors of the general partner of OMP, and he is expected to be elected by the board of directors of the general partner (the \"GP Board\") to serve as Chairman of the GP Board. Mr. Brooks has been appointed to the additional role of Chief Executive Officer (\"CEO\") of Oasis effective December 22nd. The Oasis Board of Directors will conduct a search for a new CEO, which it expects will be complete over the next few months. \nDouglas E. Brooks commented, \"We want to thank Tommy for his tireless efforts and leadership since our IPO in 2017. He founded and guided Oasis through numerous commodity cycles and uniquely positioned OMP for differential performance over the past several years. The midstream team continues to be focused on capturing third party business while taking a prudent approach to capital spending given the current market environment.\"\nMr. Brooks has over 35 years of experience in the oil and gas industry. He has had successful CEO roles at Energy XXI Gulf Coast, Inc., Yates Petroleum Corporation and Aurora Oil & Gas Limited, in addition to his 24-year tenure at Marathon Oil Company. Mr. Brooks has also built two private equity-sponsored firms focused on unconventional resource projects in the western U.S. He is currently a board member of California Resources Corporation and has served as a board member for Chaparral Energy, Inc., Energy XXI Gulf Coast, Inc., Aurora Oil & Gas Limited, Magdalena Energy Company, Yates Petroleum and the Houston Producers' Forum.\nForward-Looking StatementsThis press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. All statements, other than statements of historical facts, included ...