Finance & Investing | General News | Capital Markets
Post-Bankruptcy, Lonestar Lists Stock on OTCQX Exchange
Email
Print 
Bookmark
Following its successful restructuring finalized on November 30, 2020, Lonestar Resources US Inc. began trading today on OTCQX under the symbol "LONE."
Lonestar's Chief Executive Officer, Frank D. Bracken, III commented, "Lonestar is pleased to re-establish its status as a publicly-traded company. Further, Lonestar has emerged with substantially lower long-term obligations, and in 2021, we are excited to build on our 2020 well results, which were the best in the Company's history. Lonestar's capital program is designed to generate high rates of return while generating meaningful free cash flow, which will initially be directed toward further reductions in long-term debt."
| Category | 2020 | 2021 Est. Initial | Updated 2021 Guidance | %Difference (2020vs 2021) |
| Total Capital Expenditure($mm) |
|
|
|
|
| Wells Completed/Frac(net) |
|
|
|
|
| Production Daily Equivalent(boe/d) |
|
|
|
|
Related Categories :
Finance & Investing
More Finance & Investing News
-
Amplify Energy Regains Compliance with NYSE
-
Pioneer Shares Fall 6% After 6-Million Offering
-
Haynesville Focused, Vine Energy Plans $950 Million Debt Offering
-
Kimmeridge Nominates Three to Ovintiv Board, Hints at Proxy Battle
-
Report: Chesapeake Poised to Emerge from Bankruptcy
Gulf Coast News >>>
-
Earthstone Energy Sees $100MM Increase to Borrowing Base -
-
New E&P Scores $500 Million; Looking For Assets -
-
Chevron, Enterprise Partner for Carbon Capture in MidCon, Gulf Coast
-
Chevron Looking to Sell Eagle Ford For Billions: Map Inside -
-
Amplify Energy Second Quarter 2021 Results -
