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Lonestar Resources US Inc. (LONE)
16  0 (0%)  04-24 15:47
Open: 14.6
High: 16
Low: 16
Volume: 1,355
Market Cap: 0(M)
PE Ratio: -2.34
Exchange: NASDAQ Global Market
Industry: Oil & Gas Exploration & Production
Sector: Energy
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52w High: 20.99
52w Low: 4.01
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Lonestar Resources US, Inc. specializes in the exploration, development, and production of unconventional oil and natural gas properties. This Fort Worth, Texas-based company currently employs 74 full-time staff. Its core strategy revolves around the development, extraction, and acquisition of unconventional crude oil, natural gas liquids (NGLs), and natural gas resources exclusively within the Eagle Ford Shale of Texas. By December 31, 2015, the company had accumulated approximately 38,242 gross acres located in areas rich in crude oil and condensate. At the same date, its asset portfolio also encompassed a range of conventional, onshore Texas properties, with a significant emphasis on crude oil. Lonestar is also evaluating the resource potential of roughly 44,084 gross acres in the West Poplar area of the Bakken-Three Forks trend, situated in Roosevelt County, Montana. Key properties managed by Lonestar in the Eagle Ford Shale Trend's Western Region include Asherton, Beall Ranch, Burns Ranch Area, and Horned Frog. Operations also extend to the Southern Gonzales County property within the Eagle Ford Shale Trend-Central Region, as well as to Brazos and Robertson Counties in the trend's Eastern Region. Finally, Lonestar has secured leasehold interests totaling approximately 1,450 gross acres in its Cyclone project area.

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