Lonestar Resources, Ltd. First Quarter Conference Call April 30th , 2015
1Q15 Headlines Production increased 46% to 5,547 BOEPD vs. 1Q14 1Q15 Production by Product EBITDAX increased 14% to 21.7 million 3 new wells positively influencing 1Q15 production 3.0 Gross / 3.0 net Eagle Ford Shale wells placed…
Quarterly Financial Summary Quarterly Production Total Company Quarterly Production Total Company 6,000 6,000 5,500 5,500 5,000 5,000 4,500 4,500 Production (BOEPD) Production (BOEPD) 4,000 4,000 3,500 3,500 3,000 3,000…
Quarterly Production Summary Quarterly Production Total Eagle Ford Quarterly Production Western Eagle Ford 6,000 60 3,500 30 5,000 50 3,000 25 Eagle Ford Well Count Eagle Ford Well Count Production (BOEPD) Production…
Cost Analysis Eagle Ford Shale Field Operating Expenses Per BOE Total Cash Costs Per BOE 20 7,000 45 7,000 18 Production Production 6,000 40 6,000 16 35 14 5,000 5,000 Production (BOEPD) Production (BOEPD) 30 12…
Building Mass In Our Three Focus Areas Total Eagle Ford Engineered Acreage Net Acres 34,180 NonEngineered Acreage Gross Engineered Locations 143 Additional Locations 65 Avg. W.I. 89% Eastern Net Acres 1 10,730 Gross Engineered…
Lonestars Footprint Across The Eagle Ford Is Significant 14 12 10 Counties With Completions 8 6 4 2 0 8
Rapidly Developing Expertise In All Regions Dimmit County Brazos/Burleson Counties 2,000 2,000 2,000 2,000 1,800 1,800 1,800 1,800 1,600 1,600 1,600 1,600 1,400 1,400 1,400 1,400 1,200 1,200 1,200 1,200 Feet/Day…
Lonestars Hedges Are Among Highest of its Peers 90% Highly Hedged in 2016 80% 70% % of Oil Hedged 2015 60% Highly Hedged in 2015 Lonestar 50% 40% 30% 20% 10% 0% 0% 10% 20% 30% 40% 50% 60% % Of Oil Hedged…
Western Region Horned Frog Overview Gross Leasehold 4,402 Net Leasehold 2,822 % HBP 0% Top EPS 8,750' to 9,250' Assumed Spacing 700' WI% 64% NRI % 50% Reserves Summary1 Oil NGL's Gas Equiv. PV10 Category Wells (MMBbls) (MMBbls) (Bcf)…
2015 Guidance Average Daily Production Results & Guidance 2015 Eagle Ford Drilling Budget 74 to 83 million 6,500 16 gross / 14.2 net wells 6,000 Negligible spending on Conventional Assets, similar to 2014 5,500 Goal to essentially…
2015 Drilling and Completion Timetable 1Q15 2Q15 3Q15 4Q15 2015 Western Eagle Ford Beall Ranch 0 0 0 0 3 3 0 0 3 3 Asherton 0 0 0 0 0 0 0 0 0 0 La Salle County 3 3 3 3 2 2 0 0 8 8 Western Eagle Ford 3 3 3 3 5 5 0 0 11 11 Central Eagle…
Glossary 1P reserves means proved reserves. 2P reserves means proved plus probable reserves. bbl means barrel. boe means barrels of oil equivalent, determined using a ratio of 6 Mcf of natural gas to 1 bbl of condensate or crude oil…