Lonestar Resources US, Inc. (LONE) Reports Q4 Revenues Beat
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Lonestar Announces Fourth Quarter 2019 Results
April 13, 2020 4:01 PM EDTFORT WORTH, Texas--(BUSINESS WIRE)-- Lonestar Resources US Inc. (NASDAQ: LONE) (including its subsidiaries, Lonestar, we, us, our or the Company) today reported financial and operating results for the three months ended December 31, 2019.
HIGHLIGHTS
Lonestar reported a 33% increase in net oil and gas production to a 17,547 BOE/d during the three months ended December 31, 2019 (4Q19), compared to 13,152 BOE/d for the three months ended December 31, 2018 (4Q18). Production was comprised of 72% crude oil and NGLs on an equivalent basis and just under the high end of the Companys guidance of 17,200 17,600... More