Keane Group Announces Addition to Its Executive Leadership Team

HOUSTON–(BUSINESS WIRE)–Keane Group, Inc. (ÔÇ£KeaneÔÇØ or the ÔÇ£CompanyÔÇØ) today announced that Robert
W. Drummond will be appointed Chief Executive Officer and Director of
Keane. Following a transition period with his current employer, Keane
expects Mr. Drummond to assume his roles as Chief Executive Officer and
as Director on or prior to September 1, 2018. At that time, Mr. James
Stewart, current Chairman and Chief Executive Officer of Keane, will
remain as Executive Chairman of the Board of Directors. In his role as
Executive Chairman, Mr. Stewart will focus on providing overall
strategic leadership including customer partnerships and future growth.
Mr. Greg Powell, will continue in his position as President and Chief
Financial Officer of Keane.

Mr. Drummond brings extensive industry experience, serving as Chief
Executive Officer of Key Energy Services, Inc. (ÔÇ£Key EnergyÔÇØ). Prior to
his time at Key Energy, Mr. Drummond served for more than 30 years at
Schlumberger Limited in various executive positions, including President
of North America, Vice President of General Manager U.S. Land, Vice
President of Global Sales, Vice President General Manager U.S. Gulf of
Mexico, and President North American Offshore and Alaska.

Mr. Stewart has served as KeaneÔÇÖs Chairman and Chief Executive Officer
since 2011. Under Mr. StewartÔÇÖs leadership, Keane has grown to become
one of the largest independent completions services operators in the U.S.

ÔÇ£Overseeing KeaneÔÇÖs success has been the greatest accomplishment of my
career. I am proud of the company we are building, and with the
considerable growth opportunities ahead of us, the time is right to
further bolster our leadership team. Robert is a perfect fit for our
company, and I enthusiastically welcome him to the Keane family. He is a
proven industry leader with a shared focus on safety and efficiency, and
is highly respected by our leadership team, industry partners and most
importantly, our customers.ÔÇØ

ÔÇ£I am pleased to join the Keane team at such an important time and am
excited to build upon KeaneÔÇÖs strong reputation and successful
track-record,ÔÇØ said Mr. Drummond. ÔÇ£KeaneÔÇÖs unwavering commitment to its
customers and employees, as well as its rich culture of safety and
operational excellence aligns perfectly with my focus and values. I look
forward to partnering with James, Greg and the Keane executive team, as
we progress KeaneÔÇÖs objectives including quality execution and strategic
growth. I believe Keane is well positioned to maximize opportunities in
a robust market and provide exceptional value to customers and
shareholders.ÔÇØ

About Keane Group, Inc.

Headquartered in Houston, Texas, Keane is one of the largest pure-play
providers of integrated well completion services in the U.S., with a
focus on complex, technically demanding completion solutions. Keane's
primary service offerings include horizontal and vertical fracturing,
wireline perforation and logging, engineered solutions, and cementing,
as well as other value-added service offerings. Keane currently owns
approximately 1.2 million hydraulic fracturing horsepower and 31
wireline trucks and provides engineered solutions. KeaneÔÇÖs broad
geographic footprint spans the most prolific U.S. shale basins including
the Permian, Marcellus / Utica, Bakken and SCOOP / STACK. Keane prides
itself on its outstanding employee culture, its efficiency and its
ability to meet and exceed the expectations of its customers and
communities in which it operates.

Forward-Looking Statements

The statements contained in this release that are not historical
facts are forward-looking statements as defined in the Private
Securities Litigation Reform Act of 1995. Words such as ÔÇ£may,ÔÇØ ÔÇ£will,ÔÇØ
ÔÇ£could,ÔÇØ ÔÇ£should,ÔÇØ ÔÇ£expect,ÔÇØ ÔÇ£plan,ÔÇØ ÔÇ£project,ÔÇØ ÔÇ£intend,ÔÇØ ÔÇ£anticipate,ÔÇØ
ÔÇ£believe,ÔÇØ ÔÇ£estimate,ÔÇØ ÔÇ£predict,ÔÇØ ÔÇ£potential,ÔÇØ ÔÇ£pursuant,ÔÇØ ÔÇ£target,ÔÇØ
ÔÇ£continue,ÔÇØ and similar expressions are intended to identify such
forward-looking statements. The statements in this press release that
are not historical statements, including statements regarding Keane's
plans, objectives, future opportunities for Keane's services, future
financial performance and operating results and any other statements
regarding Keane's future expectations, beliefs, plans, objectives,
financial conditions, assumptions or future events or performance that
are not historical facts, are forward-looking statements within the
meaning of the federal securities laws. These statements are subject to
numerous risks and uncertainties, many of which are beyond Keane's
control, which could cause actual results to differ materially from the
results expressed or implied by the statements. These risks and
uncertainties include, but are not limited to the operations of Keane;
the anticipated funding and expected delivery of the newbuild fleets;
results of litigation, settlements and investigations; actions by third
parties, including governmental agencies; volatility in customer
spending and in oil and natural gas prices, which could adversely affect
demand for Keane's services and their associated effect on rates,
utilization, margins and planned capital expenditures; global economic
conditions; excess availability of pressure pumping equipment, including
as a result of low commodity prices, reactivation or construction;
liabilities from operations; weather; decline in, and ability to
realize, backlog; equipment specialization and new technologies;
shortages, delays in delivery and interruptions of supply of equipment
and materials; ability to hire and retain personnel; loss of, or
reduction in business with, key customers; difficulty with growth and in
integrating acquisitions; product liability; political, economic and
social instability risk; ability to effectively identify and enter new
markets; cybersecurity risk; dependence on our subsidiaries to meet our
long-term debt obligations; variable rate indebtedness risk; and
anti-takeover measures in our charter documents.

Additional information concerning factors that could cause actual
results to differ materially from those in the forward-looking
statements is contained from time to time in Keane's Securities and
Exchange Commission (ÔÇ£SECÔÇØ) filings, including the most recently filed
Forms 10-Q and 10-K. and Keane's Registration Statement on Form S-1,
including the preliminary prospectus, filed with the SEC on January 16,
2018. Keane undertakes no obligation to publicly update or revise any
forward-looking statement.

Contacts

Investor Relations
ICR
Marc Silverberg, 713-893-3602
[email protected]