Lonestar Resources, Ltd. Second Quarter Conference Call July 29th , 2015
2Q15 Headlines Shortterm Execution 2015 Drilling Budget of 74 to 83 MM Designed to Allow 2Q15 Production by Product Lonestar to Accomplish Key Objectives: Achieve Production Growth of 27 to 36% to 5,700 6,100 BOEPD, Grow Volumes…
2Q15 Headlines Strategic Positioning Lonestar Has Strived to Strategically Position Itself For Growth While Guarding Liquidity New Credit Facility Boosts Liquidity from 74 MM to 104 MM Lead by Citibank, N.A. Borrowing Base expanded…
Quarterly Financial Summary Quarterly Production Total Company Quarterly Production Total Company 6,500 6,500 6,000 6,000 5,500 5,500 5,000 5,000 Production (BOEPD) Production (BOEPD) 4,500 4,500 4,000 4,000 3,500 3,500…
Quarterly Production Summary Quarterly Production Total Eagle Ford Quarterly Production Western Eagle Ford 6,000 60 4,500 35 4,000 30 5,000 50 Eagle Ford Well Count Eagle Ford Well Count 3,500 Production (BOEPD)…
Improvement & Efficiency South Gonzales Drilling Efficiency (feet drilled per day) Drilling Cost Improvements (feet drilled per day vs. drilling cost / ft) 1,800 1,800 120 1,600 1,600 100 1,400 1,400 drilling cost / foot feet…
Improvement & Efficiency Beall Ranch Drilling Efficiency (feet drilled per day) Drilling Cost Improvements (feet drilled per day vs. drilling cost / ft) 1,400 1,400 120 1,200 1,200 100 drilling cost / foot feet drilled per day…
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…
Lonestar Resources, Ltd. Appendix
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…
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…
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…
Loading...
