Lonestar Resources presents at EnerCom’s The Oil & Gas Conference®
Lonestar Resources (ticker: LONE) is a leading Independent E&P Company focused on the Eagle Ford Shale and is Involved in exploration, production, and acquisition of unconventional oil and gas reserves in the Eagle Ford Shale, in which its leasehold position currently exceeds 60,000 net acres.
Q2 highlights
- Production increased to 11,140 Boe/d, up 98%, year-over-year and up 43% sequentially
- Adjusted EBITDAX increased to $29.2 million, up 131%, year-over-year and 25% sequentially
- Debt / EBITDAX ratio reduced from 5.4x in 2Q17 to 2.8x in 2Q18.
Breakout session at the EnerCom conference
During Lonestar Resources’ breakout session at the 2018 EnerCom conference, management was asked the following questions:
- What are your thoughts on the M&A market? Have you held discussions about M&A opportunities?
- What are the opportunities for organic land leasing in the Eagle Ford? Is the cost feasible?
- How much service cost inflation do you expect to see in the second half of the year?
- Any update on the potential of the Eastern portion of the Eagle Ford?
You can listen to Lonestar Resources’ presentation here.
