Roan Resources, Inc. (NYSE:ROAN) announced that it has received multiple unsolicited indications of interest to purchase Roan. In addition, Roan has also received indications of interest for in-basin consolidation opportunities. In response to the unsolicited indications of interests, Roan has formed a transactional working committee of its Board to evaluate a potential sale or merger of Roan. The Committee is considering all potential merger and acquisition opportunities to assist the Board in maximizing shareholder value and will act in the best interest of all its shareholders. In order to assist the Committee in evaluating any potential sale or merger of Roan, it will mandate an investment bank in the near future. Roan is optimally and uniquely positioned in the basin to have the flexibility to achieve optimal scale by growing its asset base organically or through value maximizing strategic alternatives. Joseph A. Mills, Roan's Executive Chairman of the Board stated, "We are focused on executing and delivering on our strategic objectives in the near and medium term. We will consider all potential consolidation opportunities as well as the inbound expressions of interest to purchase Roan. We believe consolidation in the core of the basin through a sale or merger combination could be value enhancing on many levels and could provide a more expeditious path to maximizing long term shareholder value." There can be no assurance that such evaluation will result in one or more transactions or other strategic change or outcome. Roan has not set a timetable for the conclusion of its evaluation of strategic alternatives, and it does not intend to comment further unless and until the Board has approved a specific course of action or Roan has otherwise determined that further disclosure is appropriate or required by law.