Operator
Lonestar Resources Ltd.
39 articles mentioning Lonestar Resources Ltd. · Page 1 of 2
Lonestar Resources Second Quarter 2021 Results
Lonestar Resources US Inc. reported its Q2 2021 results ahead of its pending merger with Penn Virginia. Highlights: Second Quarter Production Up 14% From First Quarter Levels. Lonestar reported a 14% increase in net oil and...
Lonestar Resources First Quarter 2021 Results
Lonestar Resources US Inc. reported its Q1 2021 results. Over the past year, Lonestar has successfully restructured its liabilities, simplified its balance sheet and further reduced debt by utilizing free cash flow. At March 31, 2021,...
Post-Bankruptcy, Lonestar Lists Stock on OTCQX Exchange
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...
Lonestar Resources Emerges from Bankruptcy
Lonestar Resources US Inc. announced that effective November 30, 2020, it has successfully emerged from Chapter 11 bankruptcy. Lonestar has eliminated approximately $390 million in aggregate debt obligations and preferred equity interests. Effective today, Lonestar has...
Lonestar Resources Third Quarter 2020 Results
Lonestar Resources US Inc. reported its Q3 2020 results. Highlights: Lonestar reported an 8% increase in net oil and gas production to 14,419 BOE/d during the three months ended September 30, 2020 ("3Q20"), compared to 13,339...
Eagle Ford E&P With Acreage In Gonzales & DeWitt Files Bankruptcy
The Operator has acreage in the core of the Eagle ford Play. The acreage spans 59k net acres.
Lonestar Resources Second Quarter 2020 Results
Lonestar Resources US Inc. reported its Q2 2020 results. Highlights: Lonestar responded to a collapse in crude oil prices during the second quarter by shutting-in most of its crude oil production in the month of May,...
Eagle Ford Well Results - July 21 2020
Back by popular demand. Today we resume providing weekly basins well results. You can get access to well results by going here. (requires a subscription)
Eagle Ford Focused, Lonestar Skips Interest Payment
Eagle Ford pure-player Lonestar Resources announced it is not paying its interest payment due today $14.1 million on its 11.25 % senior notes due 2023. The company has 30-days before which this non-payment constitute a default....
Lonestar Resources Details Fourth Quarter 2019 Results
Lonestar Resources US Inc. reported financial and operating results for the three months ended December 31, 2019. Highlights: Lonestar reported a 33% increase in net oil and gas production to a 17,547 BOE/d during the three...
Lonestar Resources' Borrowing Base Reaffirmed at $290MM
Lonestar Resources US Inc. reported that its bank group has reaffirmed the company's credit facility borrowing base of $290 million. The Company's next regularly scheduled semi-annual borrowing base redetermination will be in May 2020.
Eagle Ford E&P Suspends Drilling & Completion Activity For 2019, Talks 2020
This seems to be a running theme amoung a lot of E&Ps this year. Lonestar Resources is reporting that it has deffered until the December or early January 2020. Here is why. The company's full year...
Lonestar Resources Talks Q3 2019 Results
Lonestar Resources US Inc. reported its Q3 2019 results. Highlights: Production Increases 45%, Exceeds Guidance- Lonestar reported a 45% increase in net oil and gas production to a Company-record 18,097 BOE/d during the three months ended...
Lonestar Resources Talks Q2, Eagle Ford Update / Well Results
Lonestar Resources US Inc. reported financial and operating results for the three months ended June 30, 2019. Highlights: Production Increases 22%- Lonestar reported a 22% increase in net oil and gas production to 13,630 BOE/d during...
Lonestar's Q2 Production Levels Higher than Expected at 13.5 MBOEPD
Lonestar Resources has detailed its estimated production rates for Q2 2019, which have come in above expectations. Lonestar previously estimated a range of 12,400 to 12,800 Boe/d, which represents a 12% increase over first quarter 2019...
Lonestar Touts 2,500 BOEPD Wells at Horned Frog Project; Company Record
Lonestar Resources US Inc. announced additional well results in its Horned Frog area located in La Salle County, Texas. New Horned Frog Wells Hit Record 2,500 BOEPD Lonestar also announced initial test results for its Horned...
Lonestar Hits Production Record in Q3 as it Accelerates Eagle Ford Drilling
Lonestar Resources reported its Q3 2018 results. Production Record in Q3 at 12.5 MBOEPD: - Q3 production of 12.5 MBOEPD - a company record (this is up +63% YOY and up +12% from 2Q18) Production volumes...
Lonestar's Eagle Ford Projects Boost Production +44% from 1Q18; Exceeds Type Curves
Lonestar Resources reported its Q2 2018 results. Production Jumps +44% from 1Q18; +98% YOY - Q2 production of 11.1 MBOEPD (up +98% YOY and up +44% from 1Q18) Production volumes exceeded the high end of the...
Lonestar Touts Better-than-Expected Eagle Ford Results; Output Up 48% YOY
Lonestar Resources reported its Q1 2018 results including drilling activity, well results and production for its South Texas Eagle Ford shale asset.
Lonestar's Borrowing Base Increased Nearly 20% to $190MM
Lonestar Resources has been approved for an increase to its borrowing base - which will be upped to $190 million. This is a +19% increase from the previous amount of $160 million. With $73.5 million drawn...