News Releases

Feb 28, 2011
Oasis to Announce Fourth Quarter and Full Year 2010 Results and Announces Participation in Upcoming Energy Conferences

HOUSTON, Feb. 28, 2011 /PRNewswire/ -- Oasis Petroleum Inc. (NYSE: OAS) ("Oasis" or the "Company") plans to issue its press release announcing fourth quarter and full year 2010 financial and operational results on Tuesday, March 8, 2011 after the close of trading on the NYSE. Additionally, the Company will host a conference call on Wednesday, March 9, 2011 at 9:00 a.m. Central Time to discuss its fourth quarter and full year 2010 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 (US participants) or (706) 634-0151 (International participants) with the Conference ID of 45935864. A recording of the conference call will be available by dialing (800) 642-1687 (US participants) or (706) 645-9291 (International participants) using the Conference ID of 45935864 beginning at 12:30 p.m. Central Time on the day of the call until Wednesday, March 16, 2011. The conference call will also be available for replay for 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:

Simmons & Company's 11th Annual Energy Conference in Las Vegas, Nevada on March 3-4, 2011. Management will participate in the Small-Mid Cap E&P panel scheduled for March 4th at 10:00 a.m. Pacific Time.
Wells Fargo's 2nd Annual E&P Day in Boston, Massachusetts on March 15, 2011.
Howard Weil's 39th Annual Energy Conference in New Orleans, Louisiana on March 28-29, 2011.

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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