Athlon Energy Prices $650 Million of 6.00% Senior Notes

FORT WORTH, Texas--()--Athlon Energy Inc. (NYSE: ATHL) (“Athlon”) today announced that it has priced $650 million of 6.00% senior unsecured notes (the “notes”) by Athlon Holdings LP (the “Issuer”) and its co-issuer and wholly owned subsidiary, Athlon Finance Corp. The notes were issued privately to qualified institutional buyers in the United States pursuant to Rule 144A and Regulation S under the Securities Act of 1933, as amended (the “Securities Act”). The Company expects to close the sale of the notes on May 1, 2014.

Athlon plans to use the net proceeds from this private placement, together with net proceeds from a concurrent registered equity offering and/or borrowings under its credit agreement, to fund the purchase price of pending acquisitions and for general corporate purposes.

The notes have not been registered under the Securities Act, and may not be offered or sold within the United States or to, or for the account or benefit of, U.S. persons except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act.

About Athlon

Athlon is an independent exploration and production company focused on the acquisition, development and exploitation of unconventional oil and liquids-rich natural gas reserves in the Permian Basin.

Cautionary Statement Concerning Forward-Looking Statements

Certain statements contained in this press release constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements represent Athlon’s expectations or beliefs concerning future events, and it is possible that the results described in this press release will not be achieved. These forward-looking statements are subject to risks, uncertainties and other factors, many of which are outside of Athlon’s control, which could cause actual results to differ materially from the results discussed in the forward-looking statements.

Any forward-looking statement speaks only as of the date on which it is made, and, except as required by law, Athlon does not undertake any obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise. New factors emerge from time to time, and it is not possible for Athlon to predict all such factors. When considering these forward-looking statements, you should keep in mind the risk factors and other cautionary statements in the 2013 Form 10-K under "Risk Factors," as updated by any subsequent Form 10-Qs, which are on file at the Securities and Exchange Commission.

Contacts

Athlon Energy
William Butler, 817-984-8200
Chief Financial Officer
InvestorRelations@athlonenergy.com

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Contacts

Athlon Energy
William Butler, 817-984-8200
Chief Financial Officer
InvestorRelations@athlonenergy.com