Extraction Oil & Gas, Inc. Announces Management Appointments

Extraction Oil & Gas, Inc. is an oil and gas company focused on the acquisition, development and production of oil, natural gas and natural gas liquids (NGL) reserves in the Rocky Mountain region, primarily in the Wattenberg Field of the Denver-Julesburg Basin (the DJ Basin) of Colorado. The Company's operation includes Core DJ Basin where the Company is targeting the oil and liquids-weighted Niobrara and Codell formations. Its Core DJ Basin consisted of approximately 140,000 net acres. The Company holds approximately 1,322 gross wells of which 841 were horizontal wells. It also holds approximately 96,700 net acres outside of the Core DJ Basin, which it refer to as its Other Rockies Area.