Unit Corporation

Unit Corporation elected to terminate its offer to exchange any and all of its outstanding 6.625% senior subordinated notes due 2021 and solicitation of consents from holders of the old notes upon the terms and conditions set forth in the prospectus relating to the exchange offer and consent solicitation included in Amendment No. 2 to the Registration Statement, as amended, filed with the SEC.

Since the exchange offer has been terminated, the exchange consideration will not be paid or become payable to holders of the old notes who have validly tendered their old notes for exchange in connection with the exchange offer, and the old notes tendered for exchange pursuant to the exchange offer will be promptly returned to the tendering holders. Since the consent solicitation has been terminated, the proposed amendments to the indenture governing the old notes will not become effective.