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Sep 30, 2010

Oasis Petroleum to Participate in an Upstream Energy Panel

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HOUSTON, Sept. 30 /PRNewswire-FirstCall/ -- Oasis Petroleum Inc. (NYSE: OAS) announced today that Tommy Nusz, Chairman, President and Chief Executive Officer, is scheduled to participate in an upstream energy panel at EnCap's annual investor conference in Scottsdale, AZ on Tuesday, October 12, 2010 at 10:00 a.m. Mountain Time. The panel will begin with a brief presentation by Mr. Nusz, and a copy of the presentation will be made available on Oasis' website at www.oasispetroleum.com on October 12, 2010.

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 our 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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