Lonestar Resources US, Inc. Year Ended 2016 Conference Call March 23, 2016
4Q16 Headlines Back to Business 4Q16 Production Averaged 4,560 Boe/d 4Q16 Production by Product No New Completions During 3Q16 & 4Q16 & Yields Volume Decrease 1Q16 Wells Beall Ranch (Dimmit) Onstream March, 2016 (3.0 gross / 2.9 net…
Key Financial Highlights Production Growth Has Resumed 4Q16 Daily Production Production was 4,560 Boe/d in 4Q16 Product Volume Conventional assets sold produced 436 Boe/d in 3Q17 before sale Crude Oil 2,457 bbl/d Liquid hydrocarbon…
Gonzales County Expansion Cyclone Cyclone Area Summary Cyclone Leasehold Current In May, 2016, LONE placed the Cyclone 9H & 10H wells (42% WI) onstream. The well pair has performed above our initial expectations. Our initial well…
LaSalle County Performance Update Burns Ranch Figure 1: Burns Ranch Production Comparisons Burns Ranch Area Summary In 3Q16, Lonestar drilled three extended reach laterals, achieving 97% faster drilling 35 rates with its 2016 wells vs.…
Current Leasehold With Recent Acquisitions Cyclone Central Western Pirate Burns Ranch Beall Ranch Asherton Horned Frog 7
GeoEngineered Completion Alliance Integrated Approach to Drilling, Completion, Stimulation & Production of Eagle Ford Laterals Technical Process Application Experience Vertical Pilot Logs Used To Select Geotarget to Optimize Both…
Quarterly Financial Summary Quarterly Production Total Company Quarterly Production Total Company 8,000 8,000 7,000 7,000 6,000 6,000 Production (Boe/d) Production (Boe/d) 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 8,000 80 6,000 45 7,000 70 40 5,000 Eagle Ford Well Count Eagle Ford Well Count 6,000 60 35 Production (Boe/d)…
NonGAAP Reconciliation Reconciliation of NonGAAP Financial Measures Adjusted EBITDAX Adjusted EBITDAX is not a measure of net income as determined by GAAP. Adjusted EBITDAX is a supplemental nonGAAP financial measure that is used by…