Roan Resources, Inc. (NYSE: ROAN) announced that it has engaged Citigroup Global Markets Inc. and Jefferies LLC, to assist Roan in evaluating strategic alternatives. As previously announced on April 29, 2019, Roan has received multiple unsolicited indications of interest for an outright purchase of Roan, as well as inbound inquiries from potential consolidation partners, and has formed a transactional working committee of its Board to evaluate potential strategic alternatives for Roan. Since that date, Roan has continued to receive additional inquiries for an outright purchase of Roan. The Committee, assisted by its legal and financial advisors, will consider all strategic alternatives, with the primary focus on maximizing shareholder value. Joseph A. Mills, Roan’s Executive Chairman of the Board stated, “The Committee is very pleased to be working with our advisors to assist us in navigating and evaluating all potential strategic options.” There can be no assurance that such evaluation will result in one or more transactions or other strategic change or outcome. The Company has not set a timetable for the conclusion of its evaluation of strategic alternatives, and it does not intend to comment further unless and until the Board has approved a specific course of action or Roan has otherwise determined that further disclosure is appropriate or required by law, said Roan.