Lonestar Resources US Inc. (NASDAQ: LONE) was featured in a recent equity research report published by ROTH Capital Partners LLC. The report reads, “LONE reported proved reserves as of 12/31/2019 of 100.6 million BOE, an 8% increase over the 93.4 million BOE as of 12/31/2018. LONE booked 13.9 million BOE from its successful drilling program and 5.6 million BOE of positive revisions from better than expected well performance. LONE’s SEC PV10% was $961 million, significantly higher that LONE’s recent enterprise value of $530 million.”
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About Lonestar Resources US Inc.
Lonestar is an independent oil and natural gas company, focused on the development, production and acquisition of unconventional oil, natural gas liquids and natural gas properties in the Eagle Ford Shale in Texas.
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