Lonestar Resources US, Inc. Eagle Ford Shale Acquisition May 30, 2017
Company Profile March 31, 2017 1Q17 Production Eastern 5,266 Boe/d Wildcat B1H 2,162 Boe/d Oil 62% NGL's 17% Gas Central 21% Proved Reserves Western 44.9 MMBoe Oil 60% NGL's 18% Gas 22% Engineered…
Acquisition Overview Transaction Summary Asset Overview On May 30th, LONE announced a 116.6 million acquisition of 30,219 gross acres in Karnes, Gonzales, Fayette, Lavaca and DeWitt Counties. LONE Acquired The acquisition…
Transformational Acquisition For Lonestar Negotiated transactions in core of the Eagle Ford Shale Adds 21,238 net acres in the Eagle Ford Shale, increases Eagle Ford Shale leasehold1 by 59% Increases production by 39% to 7,318…
Karnes / Gonzales County Assets 132 bopd Lonestar has acquired leasehold in 890 /ft Karnes & Gonzales Counties, where modern completion techniques have 887 bopd yielded outstanding production results 927 /ft 647 bopd 1,069…
Acquisition Structure and Financing Overview Key Transaction Details Proforma Capitalization 116.6 million acquisition consideration: As of 3/31/17 105 million cash LONE Acquisition Proforma 12 million LONE Class A common stock (MM)…
Company Profile Proforma 1Q17 Production Eastern 7,318 Boe/d 5,266 Boe/d Oil 66% NGL's 16% Oil 62% NGL's 17% Gas 18% Central Gas 21% Proved Reserves Western 76.3 MMBoe 44.9 MMBoe Oil 69% NGL's 15%…
LONE Convertible Preferred Equity Summary Terms Issuer Lonestar Resources US, Inc. (NASDAQ: LONE) Initial Purchaser Chambers Energy Capital, III, L.P. Amount 80 million Security Series A Convertible Preferred Stock OID 2.25%…
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…
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