Parsley Energy Expands Management Team

AUSTIN, Texas--()--Parsley Energy, Inc. (NYSE: PE) (“Parsley” or the “Company”) today announced that it has appointed Brad Smith as Parsley’s Vice President—Corporate Strategy and Investor Relations, effective August 1. Mr. Smith previously served as Parsley’s Director, Investor Relations. In this new position, Mr. Smith will continue to oversee the Company’s investor relations activities and will also be responsible for leading Parsley’s strategic planning efforts in conjunction with the Company’s Board of Directors and executive management team. Mr. Smith’s professional experience includes oil and gas equity research at Credit Suisse, management consulting at PricewaterhouseCoopers, and academic positions at Rice University. He holds degrees from Baylor University and Princeton University.

Bryan Sheffield, Parsley’s Chairman, President and Chief Executive Officer, commented, “Since joining Parsley, Brad has established an effective Investor Relations Department and offered valuable input into the Company’s strategic planning. I am pleased for him to take on additional responsibility in this area and look forward to continuing to work with Brad, our Board of Directors, and the rest of the Parsley team as we strive to create value for our stockholders.”

About Parsley Energy, Inc.

Parsley Energy, Inc. is an independent oil and natural gas company focused on the acquisition and development of unconventional oil and natural gas reserves in the Permian Basin in West Texas. For more information, visit our website at www.parsleyenergy.com.

Contacts

Parsley Energy, Inc.
Brad Smith, CFA, 512-505-5199
Vice President, Corporate Strategy and Investor Relations
ir@parsleyenergy.com
or
Dennard ▪ Lascar Associates
Jack Lascar, 713-529-6600
jlascar@dennardlascar.com
or
Lisa Elliott, 713-529-6600
lelliott@dennardlascar.com

Contacts

Parsley Energy, Inc.
Brad Smith, CFA, 512-505-5199
Vice President, Corporate Strategy and Investor Relations
ir@parsleyenergy.com
or
Dennard ▪ Lascar Associates
Jack Lascar, 713-529-6600
jlascar@dennardlascar.com
or
Lisa Elliott, 713-529-6600
lelliott@dennardlascar.com