Lonestar Resources US, Inc. First Quarter 2019 Conference Call May 13, 2019
Key Messages 1Q19 Production by Product Product Volume Crude Oil 6,557 bbl/d NGL's 21% NGLs 2,417 bbl/d Oil 58% Natural Gas 14,391 Mcf/d Gas 21% Total 11,372 Boe/d First Quarter 2019 Highlights Production increased 46%,…
Key Financial Highlights Financial Commentary Daily Production 1Q19 Volumes Up 46% to 11,372 Boe/d Product 1Q18 Mix 1Q19 Mix Materially Contributing Completions Crude Oil Burns EF 11N, 12H, 13H (La Salle County) 5,740 74% 6,557…
Offset Fracs Not A Problem Lonestar Wells Are Resilient To Frac Hits Unusual Number of Frac Hits Impact 1Q19 Volumes 9 of Lonestars pads were impacted 23 total wells were knocked offline Aggregated net impact to 1Q19 volumes was…
New Well Activity Karnes County Karnes County Activity Map A B GEORG 3H6H Placed into flowback May 2019 Average perforated interval 7,212 Proppant / ft 2,000 Avg. IP24 1,366 boe/d Product Mix Legend Oil 92% Eagle Ford…
Horned Frog Northwest Horned Frog NW Locator Map Product Mix Oil 28% NGL's 36% Gas 36% HFNW 4H5H Placed into flowback May 2019 Average perforated interval 9,708 Proppant / ft 2,030 Avg. IP24 1,482 boe/d Legend Eagle…
Horned Frog Horned Frog Locator Map Horned Frog Locator Map Product Mix Lonestar has acquired its 7,380 gross acres in the Horned Frog area over the last 4 years Oil 12% Lonestar holds 24 gross / 19 net locations in the NGL's…
Sooner Enhanced Development Plan Sooner Locator Map Product Mix Oil 20% NGL's 34% Gas 46% A A Leasehold Summary2 Type Gross Net Acreage 3,532 3,052 HBP 3,071 2,693 Developed 1,276 1,236 Undeveloped 2,256 1,816…
Financial Statistics Quarterly Production Total Company Quarterly Production Total Company 14,000 14,000 12,000 12,000 10,000 10,000 Production (Boe/d) Production (Boe/d) 8,000 8,000 6,000 6,000 4,000 4,000 2,000…
Quarterly Production Summary Quarterly Production Total Eagle Ford Quarterly Production Western Eagle Ford 14,000 250 7,000 60 12,000 6,000 50 Eagle Ford Well Count 200 Eagle Ford Well Count Production (Boe/d) Production…
Current Hedge Book Crude Oil Hedge Book as of May 13,2019 Hedge Book as of May 13,2019 % of Period Instrument Volume Fixed Price Production 88% 85% 53% Hedged1 Cal 19 Oil WTI Swap 1,414 bbls/day 48.04 7,000 6,613 90 Cal 19 Oil…
Current Hedge Book Natural Gas Hedge Book as of May 13,2019 Hedge Book as of May 13,2019 % of Period Instrument Volume Fixed Price Production 50% 64% Hedged1 Cal 19 Natural Gas 5,018 2.87 NYMEX Swap MMBTU/day 16,000 15,000 5.00…