Lonestar Resources US, Inc. Investor Presentation April 2017
Company Profile Share Price History Current Team In Place Since 2012 15.00 1,000 Originally funded by Ecofin, UKbased capital group 900 Gradually built a team from Encore, Pioneer, Denbury 12.00 800 Volume ('000 Shares) and…
Lonestar Highlights Core Eagle Ford 36,092 net acre Eagle Ford position which is 100% operated with an average WI of 85% Position with Substantial derisked drilling inventory: 155 potential locations including 78 PUD locations…
Experienced Management Team Executive Previous Experience Biography 37 years experience in the oil and gas industry John H. Pinkerton Founder, Chairman and Chief Executive Officer Range Resources Chairman of the Board Built Range…
Track Record of Growth Through Technical Excellence Focused on returns every step of the way Acquiring leasehold that allows for extended reach lateral development and achievement of hurdle rate returns Better Aggregate smaller…
Asset Overview
Company Profile Eagle Ford Shale Play 2016 Production Eastern 5.9 MBoe/d NGL's 21% Oil 54% Gas 25% Central Proved Reserves Western 44.9 MMBoe NGL's Oil 60% 18% Gas 22% Engineered Acreage NonEngineered…
Lonestars Inventory of Extended Reach Drilling Locations Engineered Locations by Lateral Length (perforated interval in feet) 10,000 10,000 9,000 9,000 8,000 8,000 7,000 7,000 6,000 6,000 Lateral Length (') 5,000…
The Value of Extended Reach Laterals in the Eagle Ford Surface & Facilities Drilling Pad Wellhead Equipment Separation Storage Compression 0.4 MM Gathering 0.4 MM Vertical + Angle Lateral 5,000 + 2,800 7,800 Drilling…
GeoEngineered Completion Alliance with SLB Integrated Approach to Drilling, Completion, Stimulation & Production of Eagle Ford Laterals Technical Process Application Experience Vertical Pilot Logs Used To Select Geotarget to Optimize…
Asset Detail
Western Region Summary Overview (as of 3/31/16) Lonestars Properties & Offset Wells Gross Leasehold 16,634 Net Leashold 14,484 % HBP 90% Engineered Acreage Top EFS 6,000' to 9,250' Lateral Lengths 3,600' to 10,000' NonEngineered…
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 40 rates with its 2016 wells…
Central Region Summary Overview (as of 3/31/16) Lonestars Properties & Offset Wells Gross Leasehold 10,556 Engineered Acreage Cyclone Net Leashold 9,866 % HBP 77% NonEngineered Acreage Top EFS 6,000' to 9,250' Lateral Lengths…
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…
Eastern Region Summary Overview (as of 3/31/16) Lonestars Properties & Offset Wells Gross Leasehold 15,510 Engineered Acreage Net Leashold 10,891 % HBP 55% NonEngineered Acreage Top EFS 6,500' to 12,000' Lateral Lengths 4,000' to…
Financial Overview
Lonestars Financial Transition December 2015: Lonestar agrees to a joint venture with Schlumberger to improve to Drilling, Completion, Late Stimulation & Production of Eagle Ford Laterals 2015 February 25, 2016: Lonestar announces a…
Lonestar Highlights Core Eagle Ford 36,092 net acre Eagle Ford position which is 100% operated with an average WI of 85% Position with Substantial derisked drilling inventory: 155 potential locations including 78 PUD locations…
Appendix
1 RECYCLE RATIO FINDING & DEVELOPMENT COST (/BOE) 10 15 20 25 30 35 40 0 5 0.0x 1.0x 2.0x 3.0x 4.0x 5.0x 6.0x PDCE AR SYRG EQT AR UPL CLR PDCE AREX RRC REI COG UPL REXX LNREF RICE NOG AREX EGN GST…
Lonestars Footprint Across The Eagle Ford Is Significant 14 12 10 Counties With Completions 8 6 4 2 0 25
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