Item 7.01 Regulation FD Disclosure.

At the beginning of this year, Unit Corporation (the "Company") initiated an asset divestiture program in its oil and natural gas subsidiary, Unit Petroleum Company ("Unit Petroleum"), to sell certain non-core oil and gas properties and reserves (the "Divestiture Program"). As disclosed in the Company's Form 10-Q for the quarter ended June 30, 2021, Unit Petroleum has so far sold $31.0 million of non-core oil and gas properties and reserves, including substantially all of the oil and gas assets located in Reno and Stafford Counties, Kansas, and Oklahoma City, Oklahoma, for $7.1 million and $19.5 million, respectively.

The Company is expanding the Divestiture Program to now include the potential sale of additional properties, including up to all of Unit Petroleum's oil and gas properties and reserves.






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