The Oilers are one of only two teams that have played each season in the CHL since its rebirth in 1992. The Oilers established a winning tradition, making the playoffs in nine of their first 13 seasons. However, their performance in recent years has been less successful: they have only made the playoffs once since 2005. In 2011, they won in the first round against the Mississippi RiverKings, but lost in the second round to the Bossier-Shreveport Mudbugs.
Present owner Jeff Lund played an integral part in assembling the 1992–93 team, a scrappy bunch led by veteran minor league coach and former NHL ironman Garry Unger. The team, anchored by high-scoring forward Sylvain Naud and veteran goalie Tony Martino, finished the regular season in second place, right behind intrastate rival Oklahoma City. However, in the revived league's first championship series the Oilers handily defeated the Blazers, clinching the title on OKC's home ice. Lund assumed ownership of the franchise in February 1999 after being the team's General Manager. Under Lund's direction, over two million fans have attended an Oilers game at the Tulsa Convention Center. Lund currently sits on the CHL Executive Committee.
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