SOURCE: MDU Resources Group, Inc.

MDU Resources Group, Inc.

February 18, 2016 13:07 ET

MDU Resources Announces Pat O'Bryan Leaving Company

BISMARCK, ND--(Marketwired - February 18, 2016) -  MDU Resources Group Inc. (NYSE: MDU) today announced that Pat O'Bryan, president and CEO of subsidiary Fidelity Exploration & Production Company, is leaving the company, effective Feb. 29. O'Bryan successfully guided the divestiture in the past year of the majority of the corporation's oil and natural gas production assets.

"Pat has done an outstanding job of leading Fidelity through the asset divestment process while ensuring the business continued to operate safely and efficiently in very challenging market conditions," said David L. Goodin, president and CEO of MDU Resources. "We thank Pat for his accomplishments at Fidelity and wish him the best in his future endeavors."

During O'Bryan's tenure, MDU Resources sold more than 90 percent of its oil and natural gas production assets, executed a purchase and sale agreement on one of two remaining assets and is negotiating a purchase and sale agreement on the final asset.

O'Bryan joined Fidelity in 2011 as vice president of drilling and completions. He was named president in 2014 and CEO in early 2015. Prior to joining Fidelity, O'Bryan held vice president positions in drilling and completions and production at BP. He holds a doctorate in petroleum engineering from Louisiana State University.

MDU Resources Group, Inc., a member of the S&P MidCap 400 index, provides value-added natural resource products and related services that are essential to energy and transportation infrastructure, including regulated utilities, pipeline and midstream, construction materials and services and a diesel refinery. For more information about MDU Resources, see the company's website at www.mdu.com or contact the Investor Relations Department at investor@mduresources.com.

Contact Information

  • Contacts

    Media:
    Laura Lueder
    corporate public relations manager
    701-530-1095

    Financial:
    Rick Matteson
    director of investor relations
    701-530-1057