Lonestar Resources US, Inc. Investor Update August 9, 2018
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…
Company Profile Pure Play Eagle Ford Operator Share Price YTD +60,000 Net Acres in the Crude Oil Window of the Eagle Ford Shale 12.00 9.65 500 Unfettered access to oil and gas transportation infrastructure 11.00 100% LLSBased Oil…
2018 A Breakout Year For Lonestars Financials Disciplined Capital 2018 Drilling &Completion Program 85% to 90% funded by Spending internally generated cash flow Premium Hydrocarbon 100% oil sold at LLS basis currently a premium to…
Lonestars Footprint Production 6,495 Boe/d Eastern 5,495 Boe/d Oil 67% Oil 55% NGL's 16% NGL's 21% Gas Gas 17% 24% Central 2016 2017 Proved Reserves1 Western 76.2 MMBoe 44.9 MMBoe Oil 69% Oil 60% NGL's 15%…
2017 Capital Results vs. Peers 2017 Reserve Replacement Ratio 2,000% Reserve Replacement as a % of 2017 Production 1,500% 1,499% 1,000% 776% 500% 0% WRD LONE SRCI AXAS SN HK PVAC SBOW MTDR XOG LPI CXO CLR Peer…
Rapidly Improving Financial Metrics Average Daily Production vs. Annualized Adjusted EBITDAX1 Debt / Adjusted EBITDAX 210 14,000 6.0x 180 12,000 5.5x Daily Production (Boepd) Annualizeed EBITDAX (MM) 5.0x 150 10,000…
Strip PV10 Per Share 2017 Strip PV10 1 Strip PV101 Less Net Debt (Per Share) 700 647.6 700 10.98 600 600 500 500 400 382.0 8.27 400 Net PV10 300 PV10 300 Preferred 200 Net Debt 200 100 100 0 0 2016 2017 2016…
GeoEngineered Completions Continue to Improve Results Technical Process Application Experience Vertical Pilot Logs Used To Select Geotarget to Optimize Both Reservoir & Mechanical Properties Horned Frog (2015,2018) Reservoir…
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 Cumulative Cost Lateral 5,000 + 5,000 10,000 Completed Well…
Cyclone / Hawkeye Results Lonestar Wells vs. Other Operators Direct Offsets 150 Highlights 125 Lonestars Cyclone / Hawkeye wells Cumulative Production (MBbls) 100 are outperforming all offset wells except one (deeper) 75 Each…
Cyclone/Hawkeye Economic Summary Economic Summary1 W.D. Von Gonten & Co. Type Curve Well Statistics 900 Vertical Depth 8,500' Hawkeye Wells are outperforming Type Perforated Interval 10,000' 800 Curve by 23% though 6 months 30day…
Karnes County Locator Map Leasehold Summary Type Gross Net Acreage 4,991 3,886 HBP 4,259 3,274 Developed 2,773 2,107 Undeveloped 2,218 1,779 Producing Wells 12 9 PUD Locations 35 28 Legend NYMEX Strip PV10 (MM) PDP…
Karnes County Economic Evaluation Economic Summary1 W.D. Von Gonten & Co. Type Curve Well Statistics Vertical Depth 8,500' 1,000 Perforated Interval 5,600' 900 Max30 rates 950 Boe/d 30day IP Rate Extending locations by 13% with…
Horned Frog Economic Evaluation Economic Summary1 W.D. Von Gonten & Co. Type Curve Well Statistics Vertical Depth 9,100' 2,500 Perforated Interval 10,000' Max 30 Rates 2,200 Boe/d 30day IP Rate Recent Laterals ranging from 10,000…
Horned Frog Results Lonestar Wells vs. Other Operators Direct Offsets Highlights 2,000 Max30 IPs for Lonestars new wells at Horned Frog averaged 2,155 Boe/d Proppant Concenration (/ft) 1,750 G1H H1H 11,362 avg. lateral length…
Horned Frog Economic Evaluation Economic Summary1 Horned Frog NW 2H & 3H vs. Type Curve Well Statistics Vertical Depth 8,765' 1,100 Perforated Interval 7,410' 1,000 30day IP Rate 3 Stream Production (Boepd) Crude Oil (bopd)…
Executive Summary Pure Play Eagle Ford Operator Net Eagle Ford Leasehold +60,000 Net Acres in the Crude Oil Window of the Eagle Ford Shale 70,000 Unfettered access to oil and gas transportation infrastructure 100% LLSBased Oil…
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