March 8, 2005
Tulsa, Oklahoma . . . Unit Corporation (NYSE – UNT) announced
today that Brad Guidry has been promoted to Senior Vice President of
Exploration for Unit Petroleum Company, a wholly owned subsidiary of
Unit Corporation. Effective immediately, all exploration and production
divisions will report to him. Brad joined Unit in August 1988 as a Staff
Geologist, and in 1991, he was promoted to Geologic Manager overseeing
the Geologic Operations of the company. In January 2003, he was promoted
to Division Vice President, overseeing our offices in Midland, Houston
and Denver.
Larry Pinkston, President and Chief Operating Officer, said “Brad
has done an excellent job for Unit over the years and has proven that
he has the qualifications to lead Unit Petroleum Company.”
Unit Petroleum Company is an exploration and production subsidiary of
Unit Corporation that operates in the Anadarko, Arkoma, Permian and
Gulf Coast Basins in the Mid- Continent region of the United States.
At December 31, 2004, Units owned 347 Bcfe of reserves and operates
or owns an interest in more than 5,600 oil and natural gas wells. The
company plans to drill 220 to 230 wells during 2005.
Unit Corporation is a Tulsa-based, publicly held energy company engaged
through its subsidiaries in oil and gas exploration, production and
contract drilling. Unit’s Common Stock is listed on the New York
Stock Exchange under the symbol UNT. For more information about Unit
Corporation, visit our website at http://www.unitcorp.com.
