Lonestar Resources, Ltd. Fourth Quarter Conference Call February 2nd, 2015
4Q14 Headlines Production increased 54% to 5,816 BOEPD vs. 4Q13 4Q14 Production by Product Increased 25% sequentially over 3Q14 EBITDAX increased 46% to 27.4 million 6 new wells positively influencing 4Q14 production Oil 74% 6.0…
Reserves at December 31, 2014 Crude Oil NGL's Natural Gas Total Future Net Revenues Catgegory (Mbbls) (Mbbls) (MMcf) (MBOE) Undiscounted PV10 Proved Developed Producing Eagle Ford Shale 6,971 1,212 8,360 9,576 519,702 294,190…
Price Sensitivity to PV10 1 PV10 in MM West Texas Intermediate Crude Oil Price 2 Reduced Cost Price Environment Static Cost Price Environment 3 Asset 45 55 65 75 85 95 Eagle Ford 200 330 470 560 722 890 Conventional 22 29 37…
Quarterly Financial Summary Quarterly Production Total Company Quarterly Production Total Company 6,000 6,000 5,500 5,500 5,000 5,000 4,500 4,500 Production (BOEPD) Production (BOEPD) 4,000 4,000 3,500 3,500 3,000 3,000…
Quarterly Production Summary Quarterly Production Total Eagle Ford Quarterly Production Western Eagle Ford 6,000 4,000 3,500 5,000 3,000 Production (BOEPD) Production (BOEPD) 4,000 2,500 3,000 2,000 1,500 2,000 1,000…
2014 Cost Analysis Eagle Ford Shale Field Operating Expenses Per BOE Total Cash Costs Per BOE 18 6,000 45 6,000 16 Production Production 40 5,000 14 5,000 35 Production (BOEPD) Production (BOEPD) 12 4,000 30 4,000…
Crude Oil Hedge Position Fair Value of Crude Oil Hedges Counterparties (% of Fair Value) 60 ABN Amro 52 Held: 47% Credit Rating2: A/A2 50 47 Fair Value of Crude Oil Hedges (MM) 16 40 17 30 47% 53% 20 36 30 10…
2015 Guidance Average Daily Production Results & Guidance 2015 Eagle Ford Drilling Budget 74 to 83 million 6,500 15 gross / 13.5 net wells 6,000 Negligible spending on Conventional Assets, similar to 2014 5,500 Goal to essentially…
Lonestars Track Record of Rapid Growth Net Acreage Eagle Ford Shale Trend Reserves (MMBOE)1 35,000 50 30,000 40 25,000 30 20,000 Engineered 15,000 20 10,000 10 5,000 0 0 Jan11 Jan12 Jan13 Jan14 Jan11 Jan12 Jan13 Jan14…
2015 Drilling and Completion Timetable 1Q15 2Q15 3Q15 4Q15 2015 Western Eagle Ford Beall Ranch 0 0 0 0 0 0 3 3 3 3 Asherton 0 0 0 0 0 0 0 0 0 0 La Salle County 3 6 0 0 2 2 0 0 5 8 Western Eagle Ford 3 6 0 0 2 2 3 3 8 11 Central Eagle…
Loading...
