Lonestar Resources US, Inc. Year Ended 2017 Conference Call March 29, 2018
YE 2017 Key Messages 4Q17 Production by Product Product Volume Crude Oil 5,217 bbl/d Oil 72% NGLs 1,062 bbl/d NGL's 14% Natural Gas 5,957 Mcf/d Gas 14% Total 7,272 Boe/d 2017 Accomplishments Assimilated two strategic acquisitions…
2017 Capital Results vs. Peers Reserve Replacement Ratio 2,000% Reserve Replacement as a % of 2017 Production 1,499% 1,500% 1,000% 762% 500% 0% LONE OAS WLL FANG CLR BBG SN ESTE MTDR XOG…
Strip PV10 Per Share Strip PV10 700 647.6 600 500 400 382.0 300 PV10 200 100 0 2016 2017 Strip PV10 Less Net Debt (Per Share) 700 10.98 600 500 400 8.27 Net PV10 300 Preferred Net Debt 200 100 0…
Effect of Offset Fracs Producing Wells Hit by Offset Fracs 1 2,200 8,000 4Q17 1Q18 1,925 7,000 1,650 9,548 bopd lost in 4Q17 6,000 Oil production has rebounded above trend line 1,375 5,000 Mcfgpd Bopd 1,100 4,000…
Gonzales County Performance Update Cyclone / Hawkeye Area (30day Oil Production Comparison) 1,000 100 Third Party Forecast 30Day Production (Bopd/1,000') 900 88 90 30Day Production (Bopd) 800 700 76 80 600 70 66 64…
La Salle County Performance Update Horned Frog Cumulative Production 25,000 Cumulative Production (Boe) 20,000 15,000 10,000 5,000 0 0 5 10 Horned Frog A1H Horned Frog B1H Horned Frog G1H Horned Frog H1H Horned…
Brazos County Update Brazos County Update Wildcat B1H Continues to Perform Well(50% WI/40% NRI) Lat Length 8,000 lateral with 2,100 /ft proppant (20/64 choke) Max30 Rate 2,132 BOEPD (42% oil / 36% NGL / 22% gas) 60Day Rate 1,867…
Quarterly Financial Summary Quarterly Production Total Company Quarterly Production Total Company 10,000 10,000 9,000 9,000 8,000 8,000 Production (Boe/d) 7,000 7,000 Production (Boe/d) 6,000 6,000 5,000 5,000 4,000…
Lonestar Resources US, Inc. Appendix
NonGAAP Reconciliation Reconciliation of NonGAAP Financial Measures Adjusted EBITDAX (Unaudited) Adjusted EBITDAX is not a measure of net income as determined by GAAP. Adjusted EBITDAX is a supplemental nonGAAP financial measure that…
NonGAAP Reconciliation Reconciliation of NonGAAP Financial Measures PV10 (Unaudited) Certain of our oil and natural gas reserve disclosures included in this presentation are presented on a PV10 basis. PV10 is the estimated present…
Key Financial Highlights Financial Commentary Daily Production Product 4Q16 Mix 4Q17 Mix 4Q17 Volumes Up 59% to 7,272 Boe/d Only 2 Completions Contributed Materially Crude Oil 2,457 54% 5,217 72% Cyclone 26H & 27H (Gonzales County)…
Quarterly Production Summary Quarterly Production Total Eagle Ford Quarterly Production Western Eagle Ford 10,000 180 6,000 60 9,000 160 5,000 50 Eagle Ford Well Count 8,000 Eagle Ford Well Count 140 Production…
Current Completion Schedule Current 2018 Schedule 30 4.4 25 6.4 Net Wells Onstream 20 2.4 15 3.8 10 3.8 2.0 5 2.9 0.5 0 Burns Ranch Wildcat Cyclone Hawkeye Horned Frog Battlecat New Wells Added 16
Current Hedge Book 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 for a portion of its…
Glossary bbl means barrel of oil. bbls/d means the number of one stock tank barrel, or 42 US gallons liquid volume of oil or other liquid hydrocarbons per day. Boe means barrels of oil equivalent, with 6,000 cubic feet of natural…
Loading...
