NYSE: VRI 36.75 +1.17 +3.29% Volume: 778,608 20 Minute Delay October 18, 2019

About Vine

Vine Oil and Gas is a private company established in 2014 in partnership with the Blackstone Group to acquire high-return natural gas assets in the prolific Haynesville Basin.

Today, we hold an average operated working interest of approximately 80% in 184,000 net effective acres in the core of the Haynesville Basin - which was acquired from affiliates of Shell in November 2014 - and operate approximately 850 MMcfd of production across Sabine, DeSoto and Red River parishes in North Louisiana (~536 MMcfd net). Our acreage is prospective for dual zone development from the Haynesville and Mid-Bossier shales, two of the most prolific natural gas resources plays in North America. We have been among the most active drillers in the basin since 2015.

The company was founded by our President and CEO, Eric Marsh. Alongside him is the best technical team in the industry, a group of veteran oil & gas executives with a long track record of best-in-class operations and many years of Haynesville experience stemming back to the earliest wells drilled in the basin.

Our management team has extensive experience operating in U.S. conventional and shale resource plays and have collectively managed the drilling and completion of over 1,000 horizontal onshore oil & gas wells while continually implementing new drilling, completion and production technologies.

Our strategy is to draw upon our management team’s experience to economically grow reserves, production and cash flow and thus enhance the value of our assets, all while upholding an unwavering commitment to a safety first culture and prudent financial management.

History of Vine: First-Mover Advantage

The company has a fairly short history, but its legacy extends back over 15 years when predecessor companies first began to explore the prolific Haynesville basin. In 2014, Vine invested in what is today the top-tier natural gas basin in North America.

Key Leadership

Eric Marsh , President & Chief Executive Officer

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Eric D. Marsh became our President and Chief Executive Officer in May 2014. From October 2013 to May 2014, Mr. Marsh provided consulting services in the energy industry. Previously, Mr. Marsh served as Senior Vice President of Encana’s USA Division after being promoted to that position in 2011. From November 2009 to October 2013, Mr. Marsh also served as an Executive Vice President at Encana, leading the Natural Gas Economy team, a fundamentals team that was responsible for understanding supply and demand relationships for natural gas in North America. Prior to 2009, Mr. Marsh held various management positions at Encana’s Bighorn Business Unit and Encana’s South Rockies Business Unit. Mr. Marsh sits on the Governor’s Task Force for the State of Wyoming Engineering Development and has served on both the University of Wyoming Foundation and the University of Wyoming Engineering Accreditation Board. He also serves on the boards of Vine Oil and Gas and Huntley & Huntley Energy Exploration.

David Elkin , Executive Vice President & Chief Operating Officer

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Wayne Stoltenberg , Executive Vice President & Chief Financial Officer

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John Thomas , Executive Vice President, General Counsel & Corporate Secretary

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Randy Blurton , Executive Vice President, Commercial / M&A

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Randy Blurton became our Land Manager in June 2015. He has over 13 years of experience in oil and gas land and legal experience. Prior to joining Vine, he worked for Laredo Petroleum and ConocoPhillips in a variety of land-focused roles. Mr. Blurton holds a Bachelor of Science degree in Business Administration and Management from Oklahoma State University and a J.D. from the University of Oklahoma. He is a member of the State Bar of Texas.

Brian Dutton , Vice President, Chief Accounting Officer

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David Erdman , Director, Investor Relations

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David Erdman joined Vine Oil and Gas in January 2017. Mr. Erdman has 20 years of energy experience, having previously led investor relations, financial planning and analysis and mergers and acquisitions for some combination of Quicksilver Resources, Dominion Exploration and Production, Pioneer Resources, Entergy Wholesale Operations and Entergy Corporation. He began his career in the commercial lending arm of a mid-size financial institution, with a focus on energy credit. Mr. Erdman holds a dual bachelor’s degree in Accounting and Finance from Loyola University and an MBA from the University of Houston.

Phuong Le , Executive Vice President, Reserves & Reservoir Engineering

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Phuong Le became our Resource Evaluation Manager in May 2014. She has over 18 years of experience in North American onshore oil and gas reservoir engineering. Prior to joining Vine, Ms. Le led Encana’s Haynesville Reservoir Characterization Group and reserves evaluation for the Mid-Continent business unit since September 2008. Prior to this, Ms. Le served in various reservoir engineering and commercial/planning roles with BP and Hunt Petroleum. Ms. Le holds a BS in Chemical Engineering from the University of Tulsa.

Beth Truelove , Executive Vice President, Reservoir Development & Strategy

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Beth Truelove become our Development Manager in May 2014. She has 19 years of experience in oil and gas development and strategy. Prior to joining Vine, Ms. Truelove led strategic planning and development initiatives at Encana since June 2008 and previously at Hunt Oil Company since February 2000. Ms. Truelove holds a Bachelor of Science degree in Geology and Earth Sciences from the University of Texas at Austin and an MBA from Southern Methodist University.

Chris Williams , Environmental, Health & Safety Manager

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Chris Williams joined Vine Oil and Gas in 2014 as the Manager of Environmental Health and Safety. Mr. Williams created a tailored approach and implementation of strategic EH&S policy and procedures that focuses on a safe environment for employees and contractors, as well as a healthy bottom line throughout operations. Prior to joining Vine, Mr. Williams was employed as the U.S. Division EH&S Operations Lead with EnCana Oil & Gas (USA) Inc. in Denver. He brings with him 30 years of experience in the oil and gas industry and in-depth knowledge of Contractor Management, Emergency Response, EH&S Management Systems, EH&S Training, and DOT/PSM/RMP Compliance. He has been the recipient of two Corporate President’s Awards for job performance excellence. Mr. Williams has a B.S. in Geology from Tarleton State University, 1985, and studied Advanced Hydrogeology at Oklahoma State University, 1989.

Rachel Zavala , Senior Vice President, Human Resources & Administration

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Rachel Zavala has served as the Director of Human Resources & Administration since 2014. She brings to Vine over 16 years of Administration and Human Resource experience. Ms. Zavala is responsible for the company’s human capital strategy including benefit and payroll administration, recruitment, employee relation matters, and performance management as well as leading Vine’s Administrative Services team. Previously, Ms. Zavala served at Encana Corporation in Corporate Administration from 2011 - 2014. During the four years prior, she served as Corporate Board Secretary at U.S. AgBank/AgVantis. In this capacity, she assisted the Board in carrying out the corporate strategy while ensuring legal compliance alongside the Executive team. She also served as the 2010 Chairman of the U.S. AgBank/AgVantis Employee Advisory Committee. In the years leading up to AgVantis, she served in office management capacities overseeing all aspect of HR, bookkeeping, and other administrative functions while at imageQUEST and Burlington Installation Corporation.

Eric Marsh , President & Chief Executive Officer

Eric Marsh became our President and Chief Executive Officer in May 2014. From October 2013 to May 2014, Mr. Marsh provided consulting services in the energy industry. Previously, Mr. Marsh served as Senior Vice President of Encana’s USA Division after being promoted to that position in 2011. From November 2009 to October 2013, Mr. Marsh also served as an Executive Vice President at Encana, leading the Natural GasEconomy team, a fundamentals team that was responsible for understanding supply and demand relationships for natural gas in North America. Prior to 2009, Mr. Marsh held various management positions at Encana’s Bighorn Business Unit and Encana’s South Rockies Business Unit. Mr. Marsh sits on the Governor’s Task Force for the State of Wyoming Engineering Development and has served on both the University of Wyoming Foundation and the University of Wyoming Engineering Accreditation Board.

Angelo Acconcia , Independent Director

Angelo G. Acconcia has served on our board since May 2014. Mr. Acconcia is a Senior Managing Director in the Private Equity Group at Blackstone. Mr. Acconcia leads Blackstone’s private equity investment activities in the oil & gas sector on a global basis. Since joining Blackstone in August 2004, Mr. Acconcia has been involved in the execution of numerous Blackstone investments, including Graham Packaging, Ondeo Nalco, TRW Automotive and Texas Genco. Mr. Acconcia has either led or played a critical role in every one of Blackstone’s oil and gas investments, including Alta Energy, Beacon Offshore Energy, GeoSouthern Energy, Guidon Energy, Hunter Oil & Gas, Kosmos Energy, LLOG Bluewater, OSUM Oil Sands, Primexx, Royal Resources, Gavilan Resources and Vine Resources, among others. From August 2002 until August 2004, Mr. Acconcia worked at Morgan Stanley & Company’s Investment Banking Division in the Global Energy and Mergers and Acquisitions departments in both the U.S. and Canada.

Adam Jenkins , Independent Director

Adam M. Jenkins has served on our board since May 2014. Mr. Jenkins is a Principal in the Private Equity Group at Blackstone. Since joining Blackstone in July 2013, Mr. Jenkins has been involved with Blackstone’s investments in Beacon Offshore Energy, Kosmos Energy, LLOG Bluewater, Royal Resources, Siccar Point Energy, and Vine Resources, among others. From August 2011 until June 2013, Mr. Jenkins was an Associate at WL Ross & Co. From July 2006 until July 2008, he worked at Lazard, where he focused on mergers and acquisitions advisory to consumer goods companies. He is a member of the New York State Bar.

Charles M. Sledge , Independent Director

Charles M. Sledge has served on our board since June 2017. Mr. Sledge previously served as Senior Vice President and Chief Financial Officer of Cameron International Corporation, an oilfield services company, from November 2008 until its acquisition by Schlumberger in April 2016 after previously having been its Vice President and Chief Financial Officer and its Corporate Controller. Mr. Sledge also served as Senior Vice President of Finance and Treasurer of Stage Stores, Inc. from 1999 to 2001 after having served as its Vice President, Controller from 1996 to 1999. Mr. Sledge serves on the board of directors of Stone Energy Corporation and Templar Energy LLC.