Market Overview

Magnolia Oil & Gas Announces Participation in Upcoming Conference

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Magnolia Oil & Gas Corporation (the "Company") (NYSE:MGY) (NYSE: MGY
WS) today announced that Steve Chazen, Chairman, President and Chief
Executive Officer, is scheduled to speak at the Barclays CEO
Energy-Power Conference in New York City on Wednesday, September 5, 2018.

The presentation materials used at the conference will be available the
morning of the event on Magnolia's website at www.magnoliaoilgas.com
under the Investors tab.

About Magnolia

Magnolia (MGY) is a publicly traded oil and gas exploration and
production company with South Texas operations in the core of the Eagle
Ford. Magnolia will focus on generating value for shareholders through
steady production growth, strong pre-tax margins and free cash flow. For
more information, visit www.magnoliaoilgas.com.

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