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WildHorse Resource Development Corporation Announces Cash Dividend on Series A Perpetual Convertible Preferred Stock

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WildHorse Resource Development Corporation (NYSE:WRD) today announced
that the Board of Directors has declared an aggregate quarterly dividend
of $6.756 million or $15.53 per share on its 435,000 shares of 6.0%
Series A Perpetual Convertible Preferred Stock. WRD elected to pay the
dividend in cash. The dividend is for the period beginning on May 1,
2018 to July 31, 2018 and was paid to holders of record on July 15, 2018.

About WildHorse Resource Development

WildHorse Resource Development Corporation is an independent oil and
natural gas company focused on the acquisition, exploration, development
and production of oil, natural gas and NGL properties primarily in the
Eagle Ford Shale and Austin Chalk in East Texas.

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