Vine Energy Inc. ("Vine") announced today that it has launched an initial public offering of 18,750,000 shares of its Class A common stock at an anticipated initial offering price between $16.00 and $19.00 per share pursuant to a registration statement on Form S-1 (the "Registration Statement") filed with the U.S. Securities and Exchange Commission (the "SEC"). In addition, Vine intends to grant the underwriters a 30-day option to purchase up to an additional 2,812,500 shares of Vine’s Class A common stock at the initial public offering price, less underwriting discounts and commissions. Vine intends to list on the New York Stock Exchange under the ticker symbol "VEI."