On August 25, 2018, Eclipse Resources Corporation entered into an Agreement and Plan of Merger with Blue Ridge Mountain Resources Inc. and Everest Merger Sub Inc., pursuant to which Merger Sub will merge with and into Blue Ridge (the Merger), with Blue Ridge surviving the Merger as a wholly owned subsidiary of the company. On August 24, 2018, the company entered into a Separation and Release Agreement with Benjamin W. Hulburt, Chairman, President and Chief Executive Officer of the company. Pursuant to the Separation and Release Agreement, Mr. Hulburt has agreed that, unless his employment terminates earlier, his employment will terminate on the closing of the transactions contemplated by the Merger Agreement, and has agreed (contingent upon such closing) to resign from the Company Board.

On August 24, 2018, the Company entered into a Separation and Release Agreement with Matthew R. DeNezza, Executive Vice President and Chief Financial Officer of the Company. Pursuant to the Separation and Release Agreement, Mr. DeNezza has agreed that, unless his employment terminates earlier, his employment will terminate (contingent upon the closing of the transactions contemplated by the Merger Agreement) on November 30, 2018. On August 24, 2018, the Company entered into a Separation and Release Agreement with Christopher K. Hulburt, Executive Vice President, Secretary and General Counsel of the company.

Pursuant to the Separation and Release Agreement, Mr. Hulburt has agreed that, unless his employment terminates earlier, his employment will terminate on the closing of the transactions contemplated by the Merger Agreement, and has agreed (contingent upon such closing) to resign from the company Board. On August 23, 2018, Roy S. Steward, Senior Vice President and Chief Accounting Officer of the company, informed the company that he is resigning from his position effective August 31, 2018 to accept another opportunity. The Company Board has appointed Todd R. Bart, currently Controller of the Company, to serve as Vice President and Chief Accounting Officer of the company upon the effectiveness of Mr. Steward's resignation.

Mr. Bart, 54, has served as the company's Controller since October 2013. From February 2011 until September 2013, Mr. Bart served as the company's Director of Accounting. Mr. Bart has over 25 years of oil and gas industry accounting experience.