Exhibit 99.1

LRR Energy, L.P. Announces Second Quarter 2013 Results

Houston, Texas (August 1, 2013) - LRR Energy, L.P. (NYSE: LRE) (“LRR Energy” or the “Partnership”) announced today its operating and financial results for the three and six months ended June 30, 2013.

Eric Mullins, Chairman and Co-Chief Executive Officer, commented, “We are very pleased with our second quarter, which included strong operating and financial results and the closing of our second acquisition this year.  Adjusted EBITDA, distributable cash flow and distribution coverage improved significantly from the first quarter of 2013.”  Charlie Adcock, Co-Chief Executive Officer, reflected that, “Second quarter results benefited from higher production due to the closing of our recent drop down transaction and increased development activity, higher oil price realizations due to a lower Midland to Cushing differential, and lower operating costs due to less workover activity during the quarter compared to the first quarter.”

Selected Financial and Operating Information

LRR Energy’s financial statements have been recast to include all closed acquisitions through June 30, 2013 from Lime Rock Resources since its initial public offering, as the acquisitions are considered between entities under common control.  A summary of selected financial and operating information follows.  For consolidated financial statements for the period ended June 30, 2013, please see the accompanying tables on pages 7-9.

(1)         Non-GAAP financial measure. See reconciliation of non-GAAP financial measures beginning on page 10.

LRR Energy’s average net production of 6,484 Boe/d for the quarter was up meaningfully from production in the first quarter 2013 in spite of being negatively impacted by continued flaring at the Red Lake field of approximately 90 Boe/d and continued curtailments at the Pecos Slope field of 1.0 MMcf/d (167 Boe/d).  At the Red Lake field, LRR Energy is currently flaring approximately 90 Boe/d due to third-party plant compression limits and expects that it will continue to flare at this level until a new compressor station at the plant is put into service, which the Partnership expects will occur during the fourth quarter of 2013.  The Partnership expects the Pecos Slope curtailment to remain at the level above until late 2013 when a field-wide nitrogen rejection facility is installed.  The Partnership’s July 2013 average net production through July 25, 2013 was approximately 6,550 Boe/d.

The actual timing and amount of resumed production related to the items above may differ from these estimates.

On April 1, 2013, LRR Energy closed its previously announced acquisition of oil and natural gas properties in the Mid-Continent region in Oklahoma and crude oil hedges from its sponsor, Lime Rock Resources, for a purchase price of $38.2 million, subject to customary purchase price adjustments.  The Partnership funded the acquisition with the net proceeds from the equity offering it completed in March 2013 in which it raised approximately $59.5 million after deducting underwriting discounts and estimated offering expenses.

Recent Events

As of July 31, 2013, the Partnership had $188 million of outstanding borrowings under its revolving credit facility and $50 million of outstanding borrowings under its term loan.  LRR Energy currently has $62 million of available borrowing capacity under its revolving credit facility

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which management believes provides ample financial flexibility to execute its 2013 capital program and distribution strategy.

On July 19, 2013, LRR Energy announced that the Board of Directors of its general partner declared an increased cash distribution for the second quarter of 2013 of $0.485 per outstanding unit, or $1.94 on an annualized basis.  The distribution will be paid on August 14, 2013 to all unitholders of record as of the close of business on July 30, 2013.

2013 Guidance

As with the Partnership’s previously disclosed 2013 guidance, the guidance below assumes the 2013 acquisitions closed on January 1, 2013. LRR Energy is increasing the bottom end of its daily production guidance range by 50 Boe/d, reconfirming its LOE per Boe guidance and increasing its capital expenditure guidance by $2 million for 2013. Based on current estimates, and assuming no future acquisitions, the Partnership’s updated full year 2013 guidance is as follows:

The guidance above sets forth management’s best estimate based on current and anticipated market conditions and other factors.  While management believes that these estimates and assumptions are reasonable, they are inherently uncertain and are subject to, among other things, significant business, economic, regulatory, environmental and competitive risks and uncertainties that could cause actual results to differ materially from those management anticipates, as set forth under “Forward-Looking Statements.”

Commodity Derivative Contracts

As of June 30, 2013, LRR Energy had the following outstanding derivative contracts.

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Subsequent to June 30, 2013, LRR Energy acquired the following commodity hedges.

Quarterly Report on Form 10-Q

LRR Energy expects to file its Quarterly Report on Form 10-Q with the Securities and Exchange Commission no later than August 9, 2013.  The 10-Q will be available on the Investor Relations page of LRR Energy’s website www.lrrenergy.com or from the Securities and Exchange Commission website www.sec.gov.

Webcast and Conference Call

LRR Energy will host a webcast and conference call on Friday, August 2, 2013, at 10:00 a.m. EDT (9:00 a.m. CDT) to discuss these results.  Interested parties are invited to participate in the call by dialing 1-877-493-8071 (conference ID: 17423917).  It is recommended that participants dial in approximately 10 minutes prior to the start of the conference call.  Participants may access the webcast from LRR Energy’s website, www.lrrenergy.com, under the tab for “Investor Relations.”

A telephonic replay will be available after the call through August 20, 2013. Participants may access this replay by dialing 1-800-585-8367 (conference ID: 17423917).

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.

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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, operational 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.

Investor Contacts:

Todd Hassen

Director of Finance

(713) 292-9534

thassen@lrrenergy.com

Jaime Casas

Chief Financial Officer

(713) 345-2126

jcasas@lrrenergy.com

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LRR Energy, L.P.

Selected Operating Data

(unaudited)

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LRR Energy, L.P.

Consolidated Condensed Statement of Operations

(in thousands, except per unit amounts)

(unaudited)

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LRR Energy, L.P.

Consolidated Condensed Statement of Cash Flows

(in thousands)

(unaudited)

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LRR Energy, L.P.

Consolidated Condensed Balance Sheet

(in thousands, except unit amounts)

(unaudited)

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LRR Energy, L.P.

Non-GAAP Reconciliation

(in thousands)

(unaudited)

LRR Energy defines Adjusted EBITDA as net income plus income tax expense; interest expense-net, including realized and unrealized losses on interest rate derivative contracts; depletion and depreciation; accretion of asset retirement obligations; amortization of equity awards; (gain) loss on settlement of asset retirement obligations; unrealized losses on commodity derivative contracts; amortization of derivative contracts; impairment of oil and natural gas properties; less interest income; unrealized gains on commodity derivative contracts and other non-recurring items that the Partnership deems appropriate. Distributable Cash Flow is defined as Adjusted EBITDA less income tax expense; cash interest expense; and estimated maintenance capital expenditures. Distribution Coverage Ratio-common unitholders is defined as the ratio of Distributable Cash Flow to the total quarterly distribution payable on all of the Partnership’s outstanding common units. Distribution Coverage Ratio-all unitholders is defined as the ratio of Distributable Cash Flow to the total quarterly distribution payable on all of the Partnership’s outstanding common, subordinated and general partner units.

Adjusted EBITDA, Distributable Cash Flow and the Distribution Coverage Ratio-common and all unitholders are used as supplemental financial measures by LRR Energy’s management and by external users of its financial statements, such as investors, commercial banks and others, to assess the Partnership’s operating performance as compared to that of other companies and partnerships in the industry, without regard to financing methods, capital structure or historical cost basis and the ability of its assets to generate sufficient cash flow to make distributions to the Partnership’s unitholders.

LRR Energy’s management believes that Adjusted EBITDA, Distributable Cash Flow and the Distribution Coverage Ratio-common and all unitholders are useful to investors because these measures are used by many partnerships in the industry as measures of operating and financial performance and are commonly employed by financial analysts and others to evaluate our operating and financial performance from period to period and to compare it with the performance of other publicly traded partnerships within the industry. Adjusted EBITDA, Distributable Cash Flow and the Distribution Coverage Ratio-common and all unitholders should not be considered alternatives to net income, operating income, cash flow from operating activities or any other measures of financial performance presented in accordance with GAAP. LRR Energy’s Adjusted EBITDA, Distributable Cash Flow and Distribution Coverage Ratio-common and all unitholders may not be comparable to similarly titled measures of another company because all companies may not calculate Adjusted EBITDA, Distributable Cash Flow or the Distribution Coverage Ratio-common and all unitholders in the same manner. The following table presents a reconciliation of Adjusted EBITDA, Distributable Cash Flow and Distribution Coverage Ratio-common and all unitholders  to net income, the Partnership’s most directly comparable GAAP financial performance measure, for the three and six months ended June 30, 2013 and 2012.

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LRR Energy, L.P.

Non-GAAP Reconciliation

(continued)

(in thousands)

(unaudited)

(1)         Amount represents pro-rated capital for the period.

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