Current LONE Stock Info

By Tyler Losier, Energy Reporter, Oil & Gas 360

Lonestar estimates production of 13,500 BOEPD for Q2 2019
Lonestar Resources (stock ticker: LONE), an independent E&P focused on the Eagle Ford Basin in Texas, released its estimated production rates for Q2 2019, registering results higher than the guidance for each commodity.

More specifically, after the completion of the three months ended June 30, the company estimates an average daily production of 13,500 BOEPD, consisting of 7,700 BOPD of crude, 2,850 barrels per day of NGLs and 17,700 Mcf per day of natural gas. These numbers represent a 19% sequential increase in crude oil production and a 20% sequential increase in total equivalent production.

Source: Lonestar Res...

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