Lonestar Resources US, Inc. (LONE) Reports Q4 Revs of $13.44M

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Go back to Lonestar Resources US, Inc. (LONE) Reports Q4 Revs of $13.44M

Lonestar Resources Announces Year Ended 2016 Results And Provides Operational Update

March 23, 2017 4:01 PM EDT

FORT WORTH, Texas, March 23, 2017 /PRNewswire/ -- Lonestar Resources US, Inc. (NASDAQ: LONE) (including its subsidiaries, "Lonestar," "we," "us," "our" or the "Company") reported today its financial and operating results for the three months and year ended December 31, 2016.

2016 HIGHLIGHTS

Lonestar reported net oil and gas production of 5,899 Boe/d during the twelve months ended December 31, 2016, compared to 6,408 Boe/d during the twelve months ended December 31, 2015. Two principal factors were responsible for the 8% decline in production. First, the Company completed the sale of its Conventional assets... More