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.

Unit Corporation
Mark E. Schell, 918-493-7700
Senior Vice
President and Secretary