LRR Energy, L.P. (NYSE: LRE) ("LRR Energy") announced today that it has filed a new universal shelf registration statement on Form S-3 with the Securities and Exchange Commission (“SEC”) to replace its current shelf registration statement filed in 2012. Upon being declared effective by the SEC, the shelf registration statement will allow LRR Energy the flexibility to offer and sell from time to time up to $400 million of common units, preferred units, debt securities and guarantees of debt securities.

LRR Energy currently has no specific plans to issue securities under the new shelf registration statement. Upon being declared effective by the SEC, the new shelf registration statement will allow LRR Energy to move quickly to take advantage of acquisition opportunities and related financing when and if such opportunities arise.

The new shelf registration statement is subject to review by the SEC and has not yet been declared effective by the SEC. Accordingly, the securities covered by the new shelf registration statement may not be sold nor may offers to buy be accepted prior to the time the new shelf registration statement becomes effective.

This press release shall not constitute an offer to sell or a solicitation of an offer to buy the securities covered by the new shelf registration statement, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. Any offering of securities covered by the registration statement may be made only by means of a prospectus and related prospectus supplement setting forth the terms and conditions of such offering.

About LRR Energy, L.P.

LRR Energy is a Delaware limited partnership formed in April 2011 by affiliates of Lime Rock Resources to operate, acquire, exploit and develop producing oil and natural gas properties in North America. LRR Energy's properties are located in the Permian Basin region in West Texas and southeast New Mexico, the Mid-Continent region in Oklahoma and East Texas and the Gulf Coast region in Texas.

Forward-Looking Statements

This press release includes "forward-looking statements" — that is, statements related to future events. Forward-looking statements are based on the current expectations of LRR Energy and include any statement that does not directly relate to a current or historical fact. In this context, forward-looking statements often address expected future business and financial performance, and often contain words such as "may," "predict," "pursue," "expect," "estimate," "project," "plan," "believe," "intend," "achievable," "anticipate," "target," "continue," "potential," "should," "could" and other similar words. Actual results and future events could differ materially from those anticipated or implied in such statements. Forward-looking statements involve certain risks and uncertainties, and ultimately may not prove to be accurate. These risks and uncertainties include, among other things, a decline in oil, natural gas or NGL prices, the risk and uncertainties involved in producing oil and natural gas, competition in the oil and natural gas industry, governmental regulations and other factors. Actual results could differ materially from those anticipated or implied in the forward-looking statements due to the factors described under the captions "Risk Factors" in LRR Energy's Annual Report on Form 10-K for the year ended December 31, 2012 and LRR Energy's subsequent filings with the SEC. All forward-looking statements speak only as of the date of this press release. LRR Energy does not intend to update or revise any forward-looking statements as a result of new information, future events or otherwise. All forward-looking statements are qualified in their entirety by this cautionary statement.

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