Concerned Miller Shareholders Ask Miller Energy to Reconstitute Board, Replace Management

Concerned Miller Shareholders ("CMS"), a group of independent shareholders of Miller Energy Resources, Inc.

("Miller" or the "Company") led by Bristol Capital Advisors, LLC and Lone Star Value Management, LLC, representing approximately 4.7% of Miller's outstanding shares, announced today that they have formed CMS for the purpose of seeking to unlock value at Miller by reconstituting its Board of Directors (the "Board") and replacing its senior management.