UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): August 11, 2015
Unit Corporation
(Exact name of registrant as specified in its charter)
Delaware | 1-9260 | 73-1283193 | ||
(State or other jurisdiction of incorporation) | (Commission File Number) | (I.R.S. Employer Identification No.) | ||
7130 South Lewis, Suite 1000, Tulsa, Oklahoma | 74136 | |
(Address of principal executive offices) | (Zip Code) | |
Registrant’s telephone number, including area code: (918) 493-7700
Not Applicable
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) | ||
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) | ||
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) | ||
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) | ||
Section 5 - Corporate Governance and Management.
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
(d) On August 11, 2015, the Unit Corporation (the "Company”) Board of Directors (the "Board”), on recommendation of the Nominating and Governance Committee, elected Ms. Carla S. Mashinski to serve as an independent director of the Company. Ms. Mashinski will serve as a Class II director and will stand for election at the Company’s Annual Meeting of Shareholders to be held in 2016. With this election, 10 individuals now serve as directors of the Company. At this time, Ms. Mashinski has not been appointed to serve on any of the committees of the Board.
There is no arrangement or understanding between Ms. Mashinski and any other person under which Ms. Mashinski was elected as a director of the Company.
A copy of the press release announcing the election of Ms. Mashinski is attached as Exhibit 99.1.
Section 9 - Financial Statements and Exhibits.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
99.1 | Press release dated August 13, 2015 | |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Unit Corporation | |||
Date: August 13, 2015 | By: | /s/ Mark E. Schell | |
Mark E. Schell Senior Vice President and General Counsel | |||
EXHIBIT INDEX
Exhibit No. Description
99.1 | Press release dated August 13, 2015 | |
News | UNIT CORPORATION |
7130 South Lewis Avenue, Suite 1000, Tulsa, Oklahoma 74136 | |
Telephone 918 493-7700, Fax 918 493-7714 | |
Contact: | Mark E. Schell |
Senior Vice President and Secretary | |
(918) 493-7700 | |
www.unitcorp.com | |
For Immediate Release…
August 13, 2015
UNIT CORPORATION ANNOUNCES ELECTION OF NEW DIRECTOR
Tulsa, Oklahoma . . . Unit Corporation (NYSE - UNT) announced today that a new independent director was elected to the Company’s Board of Directors at its recent board meeting held on August 11th in Tulsa. The newly elected director is Carla S. Mashinski.
Ms. Mashinski brings to the Board over 30 years of experience working for a number of diverse energy companies, including Shell Oil Company, Duke Energy, GulfMark Offshore, and SASOL. Currently, she is serving as the Chief Financial Officer of Cameron LNG, which is constructing a natural gas liquefaction facility near the Gulf of Mexico. Prior to joining Cameron LNG in July 2015, she served as the Chief Financial Officer and Vice President of Finance and Information Management of the North American operations of SASOL, an international integrated energy company. Ms. Mashinski has expertise in building global operational infrastructures and has had executive level responsibility for corporate financial and information management activities, including budgeting and forecasting, treasury, financial reporting, and tax management. In addition, she has industry experience in strategic planning, mergers and acquisitions, and financial leadership.
Ms. Mashinski is a certified public accountant, certified management accountant, and a certified project management professional. She holds a B.S in Accounting from the University of Tennessee at Knoxville, and an Executive M.B.A. from the University of Texas at Dallas. Ms. Mashinski is active in professional organizations and has been a participant in several management development programs at the University of Texas and Wharton School of Business.
John Nikkel, Chairman of the Company’s Board of Directors said, "We believe that Ms. Mashinski’s expertise will be a significant asset to Unit. Her longtime financial and operational experience and practical guidance will be of significant value to our company. We look forward to her presence and contribution to our Board.”
_____________________________________________________
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.