Lonestar Resources US, Inc. Second Quarter Conference Call August 7, 2017
Strategy Overview 2Q17 Production by Product Closed Marquis & Battlecat Acquisitions 99 MM in Cash, 2.7 MM common shares 1 31.4 MMBOE Proved Reserves in Karnes, Gonzales, DeWitt, Lavaca & Fayette Counties Financed with 80 MM…
Key Financial Highlights 2Q17 Production Rose 7% to 5,635 Boe/d Daily Production Only 1 New Completion During 2Q17 1Q17 Mix 2Q17 Mix Wildcat B1H (Brazos) Onstream May, 2017 (1.0 gross / 0.5 net wells) Marquis & Battlecat Acquisitions…
Quarterly Financial Summary Quarterly Production Total Company Quarterly Production Total Company 8,000 8,000 7,000 7,000 6,000 Production (Boe/d) 6,000 Production (Boe/d) 5,000 5,000 4,000 4,000 3,000 3,000 2,000…
Bolstered Hedge Book to Ensure Cash Flows Since inception, Lonestar has implemented a strategy to reduce the effects of volatility of oil and natural gas prices on the Companys results of operations by securing fixed price contracts…
LaSalle County Performance Update Burns Ranch Figure 1: Burns Ranch Production Comparisons Burns Ranch Area Summary 70 Lonestar completed fracture stimulation operations on January 5, 2017 Gen 3 225 ft stage spacing / 1,567 lbs/ ft /…
Gonzales County Expansion Cyclone Cyclone Area Summary Cyclone Leasehold Current In May 2016, LONE placed the Cyclone 9H & 10H wells online (42% WI/33% NRI) 2016 Leasehold Avg. Lat Length 6,685 lateral with 1,518 /ft proppant (with…
Eastern Region Wildcat Well Still Cranking Drilling and Completion Design Evolution Increased Proppant, Steering has Improved EURs1(MBOE) Generation 1 Generation 2 Generation 3…
Quarterly Production Summary Quarterly Production Total Eagle Ford Quarterly Production Western Eagle Ford 8,000 180 6,000 50 45 7,000 160 5,000 40 Eagle Ford Well Count Eagle Ford Well Count 140 Production (Boe/d)…
Lonestar Resources US, Inc. Appendix
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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