Rosehill Resources Inc. (ticker: ROSE) announced today the pricing of a public offering of 6,150,000 shares of its Class A common stock for aggregate gross proceeds of approximately $37.5 million, before underwriting discounts and commissions and estimated offering expenses,  pursuant to a registration statement on Form S-1 filed previously with the U.S. Securities and Exchange Commission (“SEC”). In connection with the Offering, the Company has granted the underwriters a 30-day option to purchase up to an additional 922,500 shares of Class A Common Stock.  The Company anticipates the proceeds from the Offering (after underwriting discounts and commissions and estimated offering expenses) will be approximately $35.6 million, excluding any exercise of the Company’s option to purchase additional shares of Common Stock.  The Company intends to contribute all of the net proceeds of the Offering to Rosehill Operating Company, LLC (“Rosehill Operating”) in exchange for a number of units in Rosehill Operating equal to the number of shares of Class A Common Stock issued by the Company in the Offering. Rosehill Operating intends to use the net proceeds to finance its development plan and for general corporate purposes, including to fund potential future acquisitions.

Citigroup, SunTrust Robinson Humphrey and J.P. Morgan are acting as joint book-running managers for the Offering.

A registration statement relating to the Offering was declared effective by the Securities and Exchange Commission on September 27, 2018.  This press release shall not constitute an offer to sell or a solicitation of an offer to buy the securities, nor shall there be any sale of the securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About Rosehill Resources Inc.

Rosehill Resources Inc. is an oil and gas exploration company with producing assets in Texas and New Mexico with its investment activity focused in the Delaware Basin portion of the Permian Basin. The Company’s strategy for growth includes the organic development of its two core acreage areas in the Northern Delaware Basin and the Southern Delaware Basin, as well as focused acquisitions in the Delaware Basin.


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