July 1, 2005
Tulsa, Oklahoma . . . Unit Corporation (NYSE – UNT) announced
today that its Board of
Directors has elected Mr. Gary R. Christopher and Mr. Robert J. Sullivan,
Jr. to the Company’s
Board of Directors.
Mr. Christopher, since January 2004, has been engaged in personal investments
and
consulting. Between August 1999 and January 2004, he served as President
and Chief Executive Officer and a director of PetroCorp Incorporated,
and from March 1996 to August 1999 he served as the Acquisition Coordinator
of Kaiser-Francis Oil Company. His other past professional experience
includes serving as Vice President of Acquisitions for Indian Wells
Oil Company and Senior Vice President and Manager of Energy Lending
for First National Bank of Tulsa and the Bank of Oklahoma. He worked
for Amerada Hess Corporation as a Reservoir Engineer and for Texaco,
Inc. as a production Engineer. Mr. Christopher is a Registered Professional
Engineer in the State of Oklahoma, a member of the Society of Petroleum
Engineers, Society of Petroleum Evaluation Engineers, and the Oklahoma
Independent Petroleum Association. Mr. Christopher received a Bachelor
of Science degree in Petroleum Engineering from the University of Missouri.
He is a past Director of the Petroleum Club of Tulsa, Middle Bay Oil
Company, Three Tech Energy, PetroCorp Incorporated and a present Director
of the Summit Bank of Oklahoma.
Mr. Sullivan, Jr. is a Principal with Sullivan and Company LLC, a family-owned
independent oil and gas exploration and production company founded in
1958. He is also the Founder (1989) and served as Chairman and CEO of
Lumen Energy Corporation prior to its sale in 2004. Mr. Sullivan was
appointed to Oklahoma Governor Frank Keating’s Cabinet as Secretary
of Energy in March, 2002. He received a Bachelor of Business Administration
degree from the University of Notre Dame and a Master of Business Administration
degree from the University of Michigan. Mr. Sullivan is a Board Member
of the Oklahoma Independent Petroleum Association, Oklahoma Energy Resources
Board, St. John Medical Center, St. Joseph Residence, University of
Notre Dame Alumni Association, and former Board Member of Catholic Charities
and Gatesway Foundation. He also is Trustee for Tulsa’s Monte
Cassino Endowment Trust, a Member of the University of Notre Dame, Graduate
School Advisory Council and Past Chairman of the Tulsa School Boards
of Cascia Hall Preparatory School, Monte Cassino School and the School
of St. Mary.
Larry D. Pinkston, Chief Executive
Officer and President of Unit Corporation said, “Both Mr. Christopher’s
and Mr. Sullivan’s experience and expertise will be significant
assets to Unit. We look forward to their presence and contribution to
our company.”
Unit Corporation is a Tulsa-based, publicly held energy company engaged
through its subsidiaries in oil and gas exploration, production, contract
drilling and gas gathering and processing. Unit’s Common Stock
is listed on the New York Stock Exchange under the symbol UNT. For more
information about Unit Corporation, visit its website at http://www.unitcorp.com.
