HOUSTON–(BUSINESS WIRE)–WildHorse Resource Development Corporation (NYSE:WRD) announced today
that it has been selected for a Department of Energy study alongside the
Texas A&M Engineering Experiment Station (TEES) to develop a new field
laboratory in the Eagle Ford formation. The team, which has been awarded
an $8 million grant from the Department of Energy (DOE) for research and
development of unconventional oil and natural gas recovery, will test
next-generation monitoring solutions for hydraulic fracturing and
enhanced oil recovery. WRD will contribute three wells for testing, one
existing well for re-fracturing and two new wells during the life of the
study.

Dr. Dan Hill, director of TEES’ Crisman Institute for Petroleum
Research, Noble Chairholder and professor in the Harold Vance Department
of Petroleum Engineering at Texas A&M University, is the principal
investigator for the project. He will be working with co-principal
investigators Dr. Jens Birkholzer, Lawrence Berkeley National
Laboratory; Dr. Mark Zoback, Stanford University; Dr. Matthew Averill,
WildHorse Resource Development Corporation; and their research teams.

“We are very excited to be working with Texas A&M and the Department of
Energy to help add to the public knowledge of the Eagle Ford trend and
how our natural resources can be best utilized over the life of a
reservoir,” said Jay Graham, Chairman and Chief Executive Officer of
WRD. “We look forward to lending WRD’s expertise to the leading
petroleum engineering program in the country.”

About WildHorse Resource Development Corporation

WildHorse Resource Development Corporation is an independent oil and
natural gas company focused on the acquisition, exploration, development
and production of oil, natural gas and NGL properties primarily in the
Eagle Ford Shale in East Texas and the Over-Pressured Cotton Valley in
North Louisiana. For more information, please visit our website at
www.wildhorserd.com.

Contacts

WildHorse Resource Development Corporation
Pearce Hammond, CFA
(713) 255-7094
Vice President, Investor Relations
[email protected]