Jericho Buckmanville Oil LLC entered into a Purchase and Sale Agreement to acquire Oklahoma Assets from PostRock Energy Corporation (OTCPK:PSTR) for $13 million on November 18, 2015. The transaction is subject to customary terms and conditions and is scheduled to close no later than December 30, 2015. The net proceeds will be used to pay down debt under PostRock's revolving credit facility.

Evercore Group L.L.C. acted as financial advisor for the Board of Directors of PostRock.