Lonestar Resources US, Inc. Third Quarter 2018 Conference Call November 6, 2018
Quarterly Highlights 3Q18 Production by Product Product Volume Crude Oil 7,183 bbl/d NGL's 23% NGLs 2,855 bbl/d Oil 58% Natural Gas 14,600 Mcf/d Gas 19% Total 12,471 Boe/d Third Quarter 2018 Highlights Production increased to…
Rapidly Improving Financial Metrics Average Daily Production vs. Annualized Adjusted EBITDAX1 210 14,000 180 12,000 Annualizeed EBITDAX (MM) Daily Production (Boepd) 150 10,000 120 8,000 90 6,000 60 4,000 30 2,000 0…
Gonzales County Performance Update Cyclone / Hawkeye Area Lease Map Gonzales Hawkeye 1H/2H vs. Type Curve 1 Type Curve Statistics 160 900 Cum. Oil Production (MBO) 140 Avg Lateral Length: 9,645' 120 800 EUR…
Gonzales County Lateral Extensions Cyclone / Hawkeye Area Development Map Lonestar Acreage Acquired Acreage Legend PDP PUD PROB Lateral Inventory Lengthens 22 of our 60 locations by 50% 11,000 Adds 27.5 MM of PV10 &…
La Salle County Performance Update Horned Frog Area Lease Map Horned Frog NW Legend PDP PUD PROB Horned Frog Wells vs. Competitor Offsets 1,750 G1H H1H Proppant Concenration (/ft) 1,500 1,250 1,000 750…
LaSalle County Performance Update Horned Frog G1H & H2H vs. Type Curve 1 400 2,500 Type Curve Statistics 3 Stream Cum. Production (MBoe) 350 Avg Lateral Length: 11,363' 300 EUR (Mboe): 1,163 250 2 5.3 3 Stream Production…
Karnes County Performance Update Karnes County Leasehold Map Legend PDP PUD PROB Karnes County Well Results 1 90 1,000 Type Curve Statistics 3 Stream Cum. Production (MBoe) 80 Avg Lateral Length: 6,123' 70 3…
Karnes County Lateral Extensions Karnes Area Development Map Lonestar Acreage Acquired Acreage Legend PDP PUD PROB Lateral Inventory 8,400 Lengthens 19 of our 27 locations by 34% 7,800 7,200 Adds 24.2 MM of PV10 &…
Year to Date Acreage Additions Lonestars Acreage Position Lonestar Acreage Cyclone Acquired Acreage Hawkeye Karnes Horned Frog Impact of Acreage Additions Net Reserves Proved Locations Length Property Acres Bonus…
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…
Financial Statistics & Guidance Quarterly Production Total Company Quarterly Production Total Company 14,000 14,000 12,000 12,000 10,000 Production (Boe/d) 10,000 Production (Boe/d) 8,000 8,000 6,000 6,000 4,000…
Quarterly Production Summary Quarterly Production Total Eagle Ford Quarterly Production Western Eagle Ford 14,000 200 7,000 60 180 12,000 6,000 50 Eagle Ford Well Count 160 Eagle Ford Well Count Production (Boe/d)…
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…