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Brooks intends to maintain his role as board chair following the selection of a new CEO.
In addition, Samantha Holroyd, the chair of Oasis’ nominating, environmental, social and governance committee, has been named as lead independent director during the period that Brooks is both the board chair and CEO.
Oasis is one of the top producers in the Williston Basin and primarily focuses on the Middle Bakken and Three Forks formations. Meanwhile, the company entered the Delaware Basin in December 2017 with the acquisition of Forge Energy LLC. Oasis currently focuses on the development of the oil-rich Bone Springs and Wolfcamp formations in the Delaware Basin.
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