Oasis Petroleum Inc. announced the appointment of Marguerite Woung-Chapman to the Board of Directors, effective immediately. Ms. Woung-Chapman will serve on the Board's Compensation Committee as well as its Nominating, Environmental, Social & Governance Committee. With the addition of Ms. Woung-Chapman, the Oasis Board now comprises eight directors, seven of whom are independent. Ms. Woung-Chapman brings valuable and extensive experience in all aspects of management and strategic direction of publicly-traded energy companies, including a unique combination of corporate governance, regulatory, compliance, corporate and asset transactions, legal and business administration experience. She currently serves as a Director of the general partner of Summit Midstream Partners, LP and Chair of its Corporate Governance and Nominating Committee. Previously, Ms. Woung-Chapman served as Senior Vice President, General Counsel and Corporate Secretary at Energy XXI Gulf Coast Inc., a NASDAQ-listed independent exploration and production company in the U.S. Gulf Coast Region.