Lonestar Resources US Inc. reported entering into a purchase and sale agreement (the “Original Battlecat PSA” and, as amended by the Amendment to Battlecat PSA) with Battlecat Oil & Gas, LLC (“Battlecat”), pursuant to which the company agreed to acquire certain oil and gas assets in Dewitt, Gonzales and Karnes Counties, Texas from Battlecat. The company announced that on June 14, 2017, pursuant to Section 4.4(a) of the SPA, the Board elected Phillip Z. Pace as a Director of the company, subject to and effective immediately upon the SPA Closing. Mr. Pace is a partner of Chambers Energy Management, LP.