Lonestar Resources, Ltd. Third Quarter Conference Call October 29th , 2015
3Q15 Headlines Continued Execution 2015 Drilling Budget Designed Accomplish Key Objectives: 3Q15 Production by Product 1 Achieve Production Growth of 36 to 41% to 6,100 6,300 BOEPD, Grow Volumes Sequentially Over 2015 Production…
Quarterly Financial Summary Quarterly Production Total Company Quarterly Production Total Company 8,000 8,000 7,000 7,000 6,000 6,000 Production (BOEPD) Production (BOEPD) 5,000 5,000 4,000 4,000 3,000 3,000 2,000 2,000…
Quarterly Production Summary Quarterly Production Total Eagle Ford Quarterly Production Western Eagle Ford 7,000 60 6,000 35 5,500 6,000 50 5,000 30 Eagle Ford Well Count Eagle Ford Well Count 4,500 Production (BOEPD)…
Burns Ranch Unit 1H3H Benchmarking Burns Ranch Locator Map Burns Ranch Eagle Ford Offset Cumulative To Date Burns Ranch Well Highlights Burns Ranch Eagle Ford Offset Monthly BOEPD To Date Lonestar studied 113 offset wells drilled…
Eastern Region Competitor Activity Source: Apache Corp. August 2015 Investor Presentation 9
Lonestar Is WellPositioned In Brazos County Apaches Area A Wildcat Source: Apache Corporation August Investor Presentation and Company data 10
Wildcat Offset Well Success Apache Walker 1H- 1,897 BOEPD Wildcat Apache Walker 3H- 1,973 BOEPD Area A Reserve Categories Eagle Ford producer Apache Rae 3H- 1,587 BOEPD Eagle Ford location Apache Rae 4H- 1,520 BOEPD Proved…
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 2 2 10 10 Western Eagle Ford 3 3 3 3 5 5 2 2 13 13 Central…
Lonestars Hedges Are Among Highest of its Peers 90.00 Lonestar 80.00 Avgerage Price (/bbl) 70.00 60.00 50.00 40.00 30.00 0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100% % Of Oil Hedged 2016 Note: Data as of…