EP ENERGY CORPORATION (NYSE:EPE) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02 Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers

(b)On July 10, 2017, M. Cliff Ryan, Jr. notified EP Energy Corporation (the “Company”) of his intent to resign from the Company’s Board of Directors (the “Board”), effective July 11, 2017. Mr.Ryan advised the Company that he is resigning for personal reasons and that he remains fully supportive of the Company, the Board and its management team. Mr. Ryan also confirmed that his decision to resign from the Board did not result from a disagreement with the Company on any matter relating to the Company’s operations, policies or practices, including its controls or financial related matters

Mr. Ryan had served on Board since February 2017 at the direction of certain affiliates of Riverstone Holdings LLC (collectively, the “Riverstone Sponsor”) to the Riverstone Sponsor’s director appointment rights under the Company’s Stockholders Agreement, dated as of August30, 2013, by and among the Company and the holders party thereto. The Riverstone Sponsor may name a replacement to the Board, at its election.

About EP ENERGY CORPORATION (NYSE:EPE)

EP Energy Corporation (EP Energy) is an independent exploration and production company. The Company is engaged in the acquisition and development of unconventional onshore oil and natural gas properties in the United States. The Company operates through a diverse base of producing assets and are focused on creating value through the development of its drilling inventory located in four areas: the Eagle Ford Shale (South Texas), the Wolfcamp Shale (Permian Basin in West Texas), the Altamont Field in the Uinta Basin (Northeastern Utah) and the Haynesville Shale (North Louisiana). In its operating areas, it has identified approximately 5,710 drilling locations (including over 860 drilling locations to which it has attributed proved undeveloped reserves). The Company has proved reserves of approximately 546.0 million barrels of oil equivalent (MMBoe) and it has an average net daily production of over 109,680 barrel of oil equivalent per day (Boe/d).