DENVER, Jan. 30, 2020 /PRNewswire/ -- Institutional investors, portfolio managers, financial analysts, CIOs and other capital market professionals who invest in the energy space should register now for the EnerCom Dallas energy investment conference, which is coming to The Tower Club February 11-12 in downtown Dallas. 

The EnerCom Dallas conference follows EnerCom's familiar 25-minute CEO presentation format, followed by 50-minute Q&A opportunities in separate breakout rooms, one-on-one meeting opportunities for buyside investors and sellside researchers to meet company management teams, networking opportunities and global insight delivered by leading energy economists and strategists.  The event also provides energy industry professionals a venue to learn about important energy topics affecting the global oil and gas industry. Key panel discussions include Environmental, Social and Governance (ESG), Capital Markets, LNG Landscape and Midstream.

New this year, the EnerCom Dallas conference is offering a unique session for energy related technology, alternative energy and traditional oil and gas start-up ventures the opportunity to present their business to a captive audience of investors. The event will provide invited presenters the opportunity to give a fifteen-minute presentation and participate in a Q&A.  Investors can also schedule private one-on-one meetings with session participants at the Tower Club, Dallas.

The EnerCom Dallas schedule is now live and will be updated continuously on the conference site.

Chris Wright, CEO of Liberty Oilfield Services Will Present "Energy Transitions and Humans"

Chris Wright serves as CEO and Chairman of Liberty Oilfield Services and has since its founding in 2011. Additionally, Chris co-founded and serves as Executive Chairman of Liberty Resources, a Bakken-focused E&P company and Liberty Midstream Solutions. He has had a lifelong passion for energy and its role in human life.

He has spoken on energy to the UK House of Lords, the States Attorneys General, Federal and State Judges, debated the merits of the shale revolution on TV and given over 100 talks.

Chris completed an undergraduate degree in Mechanical Engineering at MIT and graduate work in Electrical Engineering at both UC Berkeley and MIT. Chris founded Pinnacle Technologies and from 1992 to 2006 served as CEO and Chairman. Pinnacle created the hydraulic fracture mapping industry by developing and commercializing tiltmeter and microseismic fracture mapping. Pinnacle's innovations in fracturing practices helped launch commercial shale gas production in the late 1990's. Chris was Chairman of Stroud Energy, an early shale gas producer, prior to its sale to Range Resources in 2006. Chris is currently a director of Liberty Oilfield Services, Liberty Resources, and Urban Solutions Group.

One-on-One Meetings Open for 2020 Conference Session:

EnerCom works in advance with presenting company management teams to arrange one-on-one meetings with the attending institutional investors and research analysts at the conference venue. Buy- and sell-side attendees can now request one-on-one meeting via the conference registration portal accessible on the conference site.

EnerCom Dallas Presenting Companies Include:

• Ajax Analytics
• Amplify Energy Corp. (NYSE: AMPY)
• CAC Specialty
• Carnot Compression
• Center for LNG
• Comstock Resources
• Cureton Midstream
• Deep Imaging
• East Daley Capital Advisors
• Engineered Salinity – ESal
• Enverus
• Flatirons Field Services
• Fortis Energy Services
• Enverus
• GeoPark (NYSE: GPRK)
• Goodrich Petroleum (NYSE: GDP)
• Granite Oil Corp (TSX: GXO)
• Hathaway LLC
• Haynes & Boone
• HighPoint Resources (NYSE: HPR)
• Imperial Capital
• Liberty Oilfield Services (NYSE: LBRT)
• Locus Bio-Energy Solutions
• Lonestar Resources, Inc. (NASDAQ: LONE)
• Northern Oil & Gas (NYSE: NOG)
• NOW Inc (NYSE: DNOW)
• Ring Energy (NYSE: REI)
• SitePro
• Sparq Natural Gas
• Sundance Energy (NYSE: SNDE)
• Tailwater Capital
• The Environmental Partnership
• Ubiterra
• University of Denver
• Vaquero Midstream
• Vermilion Energy (NYSE: VET)

The EnerCom Dallas Presenting Company Line-Up will be updated continuously on the conference website.

Registration for EnerCom Dallas is now open

Buyside professionals and oil and gas company executives may register for the event through the conference website. 

Conference Details: Modeled after EnerCom's The Oil & Gas Conference® in Denver, EnerCom Dallas offers investment professionals a unique opportunity to listen to oil and gas company senior management teams update investors on their operational and financial strategies and learn how the leading energy companies are building value in 2020.

Conference Dates:  February 11-12, 2020

Conference Location:  Tower Club Dallas, 1601 Elm Street, Thanksgiving Tower, 48th Floor, Dallas, Texas 75201

Public and Private Company Presenters: EnerCom Dallas will feature both public and private companies headquartered in Canada and the U.S. with operations across the most active and prolific oil and gas regions and the globe. 

Who Attends the Conference: Institutional and hedge fund investors, private equity investors, energy research analysts, broker/dealers, trust officers, high net worth investors, commercial energy bankers and other energy industry professionals will gather in Dallas for the conference.

One-on-One Meetings: EnerCom works in advance with presenting company management teams to arrange one-on-one meetings with the attending institutional investors and research analysts at the conference venue.

History: EnerCom, Inc. hosted its original energy-focused investment conference, The Oil & Gas Conference®, in 1996 in Denver. 2020 marks EnerCom's 25^th annual Denver oil and gas financial conference. Since its founding, EnerCom has hosted more than 50 successful oil and gas investment conferences in Denver, London, Dallas, Boston and San Francisco.

About EnerCom, Inc.

Founded in 1994, EnerCom, Inc. is an internationally recognized management consultancy advising companies on Environmental, Social & Governance (ESG), investor relations, corporate strategy/board advisory, marketing, analysis and valuation, media, branding, and visual communications design. Headquartered in Denver, EnerCom and its team of experts are passionate about the energy industry and our work to provide clients with wide range of services to build brand recognition that drives valuation and returns.

EnerCom's upcoming oil and gas investment conferences include:

• EnerCom Dallas – February 11-12, 2020
• EnerCom Denver (The Oil & Gas Conference®) – August 16-19, 2020

For more information about EnerCom and its services, please visit http://www.enercominc.com/ or call +1 303-296-8834 to speak with the management team or one of our consultants.

Event Sponsors Include:

About Netherland, Sewell & Associates, Inc.

Netherland, Sewell & Associates, Inc. (NSAI) was founded in 1961 to provide the highest quality engineering and geological consulting to the petroleum industry. Today they are recognized as the worldwide leader of petroleum property analysis to industry and financial organizations and government agencies. With offices in Dallas and Houston, NSAI provides a complete range of geological, geophysical, petrophysical, and engineering services and has the technical experience and ability to perform these services in any of the onshore and offshore oil and gas producing areas of the world. They provide reserves reports and audits, acquisition and divestiture evaluations, simulation studies, exploration resources assessments, equity determinations, and management and advisory services. 

For a complete list of services or to learn more about Netherland, Sewell & Associates, Inc. please visit https://netherlandsewell.com/.

About Haynes and Boone

Haynes and Boone, LLP is an energy focused corporate law firm, providing a full spectrum of legal services and solutions to clients across the oil and gas industry, including the upstream, midstream, and downstream sectors. Lawyers from our Denver office and 15 other offices work as a team to meet the legal needs of our domestic and international clients involved in oil and gas. We represent private and public oil and gas companies, financial institutions, investment funds and other investors. Our team of more than 100 energy lawyers and landmen understands the physical and financial energy markets, and the firm has been helping both operators and lenders complete some of the largest financings and M&A transactions in recent years. The BTI Industry Power Rankings, published by BTI Consulting Group, Inc., named Haynes and Boone a "Leading Recommended" firm for the energy industry in 2017, ranking our firm among the top three percent of all law firms. For more information, please visit www.haynesboone.com/.

About CAC Specialty

CAC Specialty is an employee-owned risk solutions company of seasoned and proactive industry leaders, operating as a nimble and collaborative partner who puts you and your business first. With a knowledge-driven approach informed by data and decades of honed instinct, CAC Specialty brings an innovative vision to insurance broking, private finance and structured solutions to solve your risk challenges – from the simple to the previously unsolvable.

We are an integrated specialty insurance brokerage and structured solutions business focused on providing subject matter expertise and placement capabilities across the spectrum of insurance and alternative capital markets. CAC Specialty designs and delivers bespoke private finance and insurance solutions to public and private companies and private equity sponsors. We deliver unique solutions that help our clients facilitate the execution of strategic priorities, increase capital efficiency and significantly reduce costs. We are not constrained by traditional risk transfer thinking. Backed by a large $40B AUM asset manager, our team can expand the range of risk transfer through access to private debt and alternative pools of risk capital. For information on CAC Specialty, please visit the www.cacspecialty.com/.

About SitePro

At SitePro we discovered the missing link between facilities and human power is digital technology. Developed in 2012 by our team of experts in computer science, oilfield operations and engineering, our real-time cloud-based automation and IoT platform transformed fluid management in the industry. Our technology combines field operations with back-office responsibilities in one platform, allowing our customers to remotely control their sites, digitally manage their tickets and receive real-time data for reporting. To ensure the continued growth of our customers' businesses we knew we had to provide more operational support, in the form of managed services. Today we offer around-the-clock facility management acting as our customer's eyes, protecting their operations and enabling optimal production. The SitePro team continues to work towards our goal by developing solutions that help our customers operate efficiently and safely.

For information on SitePro, please visit the www.sitepro.com/.

View original content:http://www.prnewswire.com/news-releases/day-one-keynote-speaker-chris-wright-announced-for-enercom-dallas-energy-investment-conference-february-11-12-2020-300996588.html

SOURCE EnerCom, Inc.

DENVER, Jan. 8, 2020 /PRNewswire/ -- Institutional investors, portfolio managers, financial analysts, CIOs and other capital market professionals who invest in the energy space should register now for the EnerCom Dallas energy investment conference, which is coming to The Tower Club February 11-12 in downtown Dallas. 

The EnerCom Dallas conference follows EnerCom's familiar 25-minute CEO presentation format, followed by 50-minute Q&A opportunities in separate breakout rooms, one-on-one meeting opportunities for buyside investors and sellside researchers to meet company management teams, networking opportunities and global insight delivered by leading energy economists and strategists.  The event also provides energy industry professionals a venue to learn about important energy topics affecting the global oil and gas industry. Key panel discussions include Environmental, Social and Governance (ESG), Capital Markets, LNG Landscape and Midstream.

New this year, the EnerCom Dallas conference is offering a unique session for energy related technology, alternative energy and traditional oil and gas start-up ventures to have the opportunity to present their business to a captive audience of investors. The event will provide invited presenters the opportunity to give a fifteen-minute presentation and participate in a Q&A.  Investors can also schedule private one-on-one meetings with session participants at the Tower Club, Dallas.

EnerCom Dallas Presenting Companies Include:

• Ajax Analytics
• Amplify Energy Corp. (NYSE: AMPY)
• CAC Specialty
• Carnot Compression
• Center for LNG
• East Daley Capital Advisors
• Enverus
• GeoPark (NYSE: GPRK)
• Goodrich Petroleum (NYSE American: GDP)
• Granite Oil Corp (TSX: GXO)
• Hathaway LLC
• HighPoint Resources (NYSE: HPR)
• Imperial Capital
• Liberty Oilfield Services (NYSE: LBRT)
• Lonestar Resources, Inc. (NASDAQ: LONE)
• Northern Oil & Gas (NYSE American: NOG)
• NOW Inc (NYSE: DNOW)
• Razor Energy Corp. (TSX: RZE CN)
• Ring Energy (NYSE American: REI)
• Sparq Natural Gas
• Sundance Energy (NASDAQ: SNDE)
• The Environmental Partnership
• Unit Corp (NYSE: UNT)
• University of Denver
• Vermilion Energy (NYSE: VET)

The EnerCom Dallas Presenting Company Line-Up will be updated continuously on the conference website.

Registration for EnerCom Dallas is now open

Buyside professionals and oil and gas company executives may register for the event through the conference website. 

Conference Details: Modeled after EnerCom's The Oil & Gas Conference® in Denver, EnerCom Dallas offers investment professionals a unique opportunity to listen to oil and gas company senior management teams update investors on their operational and financial strategies and learn how the leading energy companies are building value in 2020.

Conference Dates:  February 11-12, 2020

Conference Location:  Tower Club Dallas, 1601 Elm Street, Thanksgiving Tower, 48th Floor, Dallas, Texas 75201

Public and Private Company Presenters: EnerCom Dallas will feature both public and private companies headquartered in Canada and the U.S. with operations across the most active and prolific oil and gas regions and the globe. 

Who Attends the Conference: Institutional and hedge fund investors, private equity investors, energy research analysts, broker/dealers, trust officers, high net worth investors, commercial energy bankers and other energy industry professionals will gather in Dallas for the conference.

One-on-One Meetings: EnerCom works in advance with presenting company management teams to arrange one-on-one meetings with the attending institutional investors and research analysts at the conference venue.

History: EnerCom, Inc. hosted its original energy-focused investment conference, The Oil & Gas Conference®, in 1996 in Denver. 2020 marks EnerCom's 25^th annual Denver oil and gas financial conference. Since its founding, EnerCom has hosted more than 50 successful oil and gas investment conferences in Denver, London, Dallas, Boston and San Francisco.

About EnerCom, Inc.

Founded in 1994, EnerCom, Inc. is an internationally recognized management consultancy advising companies on Environmental, Social & Governance (ESG), investor relations, corporate strategy/board advisory, marketing, analysis and valuation, media, branding, and visual communications design. Headquartered in Denver, EnerCom and its team of experts are passionate about the energy industry and our work to provide clients with wide range of services to build brand recognition that drives valuation and returns.

EnerCom's upcoming oil and gas investment conferences include:

• EnerCom Dallas – February 11-12, 2020
• EnerCom Denver (The Oil & Gas Conference®) – August 16-19, 2020

For more information about EnerCom and its services, please visit http://www.enercominc.com/ or call +1 303-296-8834 to speak with the management team or one of our consultants.

Event Sponsors Include:

About Netherland, Sewell & Associates, Inc.

Netherland, Sewell & Associates, Inc. (NSAI) was founded in 1961 to provide the highest quality engineering and geological consulting to the petroleum industry. Today they are recognized as the worldwide leader of petroleum property analysis to industry and financial organizations and government agencies. With offices in Dallas and Houston, NSAI provides a complete range of geological, geophysical, petrophysical, and engineering services and has the technical experience and ability to perform these services in any of the onshore and offshore oil and gas producing areas of the world. They provide reserves reports and audits, acquisition and divestiture evaluations, simulation studies, exploration resources assessments, equity determinations, and management and advisory services. 

For a complete list of services or to learn more about Netherland, Sewell & Associates, Inc. please visit https://netherlandsewell.com/.

About Haynes and Boone

Haynes and Boone, LLP is an energy focused corporate law firm, providing a full spectrum of legal services and solutions to clients across the oil and gas industry, including the upstream, midstream, and downstream sectors. Lawyers from our Denver office and 15 other offices work as a team to meet the legal needs of our domestic and international clients involved in oil and gas. We represent private and public oil and gas companies, financial institutions, investment funds and other investors. Our team of more than 100 energy lawyers and landmen understands the physical and financial energy markets, and the firm has been helping both operators and lenders complete some of the largest financings and M&A transactions in recent years. The BTI Industry Power Rankings, published by BTI Consulting Group, Inc., named Haynes and Boone a "Leading Recommended" firm for the energy industry in 2017, ranking our firm among the top three percent of all law firms. For more information, please visit www.haynesboone.com/.

About CAC Specialty

CAC Specialty is an employee-owned risk solutions company of seasoned and proactive industry leaders, operating as a nimble and collaborative partner who puts you and your business first. With a knowledge-driven approach informed by data and decades of honed instinct, CAC Specialty brings an innovative vision to insurance broking, private finance and structured solutions to solve your risk challenges – from the simple to the previously unsolvable.

We are an integrated specialty insurance brokerage and structured solutions business focused on providing subject matter expertise and placement capabilities across the spectrum of insurance and alternative capital markets. CAC Specialty designs and delivers bespoke private finance and insurance solutions to public and private companies and private equity sponsors. We deliver unique solutions that help our clients facilitate the execution of strategic priorities, increase capital efficiency and significantly reduce costs. We are not constrained by traditional risk transfer thinking. Backed by a large $40B AUM asset manager, our team can expand the range of risk transfer through access to private debt and alternative pools of risk capital. For information on CAC Specialty, please visit the www.cacspecialty.com/.

About SitePro

At SitePro we discovered the missing link between facilities and human power is digital technology. Developed in 2012 by our team of experts in computer science, oilfield operations and engineering, our real-time cloud-based automation and IoT platform transformed fluid management in the industry. Our technology combines field operations with back-office responsibilities in one platform, allowing our customers to remotely control their sites, digitally manage their tickets and receive real-time data for reporting. To ensure the continued growth of our customers' businesses we knew we had to provide more operational support, in the form of managed services. Today we offer around-the-clock facility management acting as our customer's eyes, protecting their operations and enabling optimal production. The SitePro team continues to work towards our goal by developing solutions that help our customers operate efficiently and safely.

For information on SitePro, please visit the www.sitepro.com/.

View original content:http://www.prnewswire.com/news-releases/presenting-company-line-up-announced-for-enercom-dallas-energy-investment-conference-february-11-12-2020-300983772.html

SOURCE EnerCom, Inc.

FORT WORTH, Texas, June 17, 2019 /PRNewswire/ -- Lonestar Resources US Inc. (NASDAQ: LONE) (together with its subsidiaries, "Lonestar") announced today an increase in its borrowing base and the addition of crude oil and natural gas hedges for 2020 and 2021.

Citibank NA, as agent for Lonestar's Senior Secured Credit Facility (the "Facility"), informed the Company that the bank group has approved an increase in the Borrowing Base from $275 million to $290 million.  At March 31, 2019, Lonestar had $194 million drawn on the Facility.  Notably, the increase in the Borrowing Base came despite a significant decrease in the bank price deck.

Lonestar has also added to its hedge positions for 2020 and 2021.  Giving effect for these new hedges, Lonestar's crude oil and natural gas positions stand as follows:

• For remainder of 2019, the Company has approximately 6,800 barrels per day of West Texas Intermediate crude oil swaps and collars at an average price of $54.30 per barrel, which represents approximately 90% of 2019 crude oil production.¹
• For calendar 2020, the Company has approximately 6,480 barrels per day of West Texas Intermediate crude oil swaps and collars at an average price of $57.04 per barrel, which represents approximately 80% of 2020 crude oil production.¹
• For calendar 2021, the Company has approximately 3,000 barrels per day of West Texas Intermediate crude oil swaps and collars at an average price of $54.68 per barrel, which represents approximately 35% of 2021 crude oil production. ¹
• For the remainder of 2019, the Company has approximately 15,000 MMBTU/day of Henry Hub natural gas swaps at an average price of $2.81 per MMBTU, which represents approximately 68% of 2019 natural gas production. ¹
• For calendar 2020, Lonestar entered into approximately 15,000 MMBTU/day of Henry Hub natural gas swaps at an average price of $2.59 per MMBTU which represents approximately 51% of 2020 natural gas production. ¹

Lonestar's Chief Executive Officer, Frank D. Bracken, III, commented, "The increase in our Borrowing Base provides another increase in liquidity for Lonestar as well as confirmation of continued performance of our producing asset base.  Additionally, we have strategically added to our crude oil and natural gas hedge positions to create extremely high levels of commodity price protection through 2020.   Our augmented hedge position provides a high degree of price certainty for Lonestar for the next two years, and in combination with the continued outstanding performance of our capital program, are expected to generate outstanding returns for our shareholder and are projected to yield significant increases in production and EBITDAX while establishing cash flow self-sufficiency in the second half of 2019 and beyond."

¹Represents consensus average

About Lonestar
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.

Cautionary Note Regarding Forward Looking Statements
Disclosures in this press release contain certain forward-looking statements within the meaning of the federal securities laws.  Statements that do not relate strictly to historical or current facts are forward-looking.  These statements contain words such as "possible," "if," "will," "expect" and "assuming" and involve risks and uncertainties including, among others that our business plans may change as circumstances warrant and securities of the Company may not ultimately be offered to the public because of general market conditions or other factors.  Accordingly, readers should not place undue reliance on forward-looking statements as a prediction of actual results.  For more information concerning factors that could cause actual results to differ materially from those conveyed in the forward-looking statements, please refer to the "Risk Factors" section of the Annual Report on Form 10-K for the year ended December 31, 2018, filed with the Securities and Exchange Commission (the "SEC") on March 13, 2019 and subsequently filed quarterly reports on Form 10-Q.  Any forward-looking statements in this press release are made as of the date of this press release and the Company undertakes no obligation to update or revise such forward-looking statements to reflect events or circumstances that occur, or of which the Company becomes aware, after the date hereof, unless required by law.

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SOURCE Lonestar Resources US Inc.

FORT WORTH, Texas, June 14, 2019 /PRNewswire/ -- Lonestar Resources US Inc. (NASDAQ: LONE) (together with its subsidiaries, "Lonestar") announced that it will be attending The J.P. Morgan 2019 Energy Conference in New York, NY. Lonestar Resources US Inc. will present on Wednesday, June 19^th at 3:35 PM EDT.

About Lonestar
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.

Cautionary Note Regarding Forward Looking Statements

Disclosures in this press release contain certain forward-looking statements within the meaning of the federal securities laws.  Statements that do not relate strictly to historical or current facts are forward-looking.  These statements contain words such as "possible," "if," "will," "expect" and "assuming" and involve risks and uncertainties including, among others that our business plans may change as circumstances warrant and securities of the Company may not ultimately be offered to the public because of general market conditions or other factors.  Accordingly, readers should not place undue reliance on forward-looking statements as a prediction of actual results.  For more information concerning factors that could cause actual results to differ materially from those conveyed in the forward-looking statements, please refer to the "Risk Factors" section of the Annual Report on Form 10-K for the year ended December 31, 2018, filed with the Securities and Exchange Commission (the "SEC") on March 13, 2019 and subsequently filed quarterly reports on Form 10-Q.  Any forward-looking statements in this press release are made as of the date of this press release and the Company undertakes no obligation to update or revise such forward-looking statements to reflect events or circumstances that occur, or of which the Company becomes aware, after the date hereof, unless required by law.

View original content to download multimedia:http://www.prnewswire.com/news-releases/lonestar-resources-upcoming-conference-participation-300867830.html

SOURCE Lonestar Resources US Inc.

DENVER, June 12, 2019 /PRNewswire/ -- EnerCom has released the presentation schedule for the oil and gas companies presenting at its 24^th annual The Oil & Gas Conference® on Aug. 11-14, 2019, in Denver, Colorado.

Day One Presenting Companies at the 2019 EnerCom Conference

Aug. 12, 2019, the first day of the EnerCom conference presentation schedule, features a large, established group of operators working across North America's shale basins and internationally, including:

• Cabot Oil & Gas – (NYSE: COG) – one of the largest Marcellus-focused gas producers; Cabot's 2019 capital budget is approximately $800 million; for 2019 Cabot plans to drill and complete 85 to 90 net wells and place 80 to 85 net wells on production.
• Core Laboratories – (NYSE: CLB) – industry leading reservoir optimization company with two key business segments: Reservoir Description and Production Enhancement. Core Lab works with NOCs, integrated supermajors and independent E&Ps in every oil and gas jurisdiction.
• Liberty Oilfield Services – (NYSE: LBRT) – premier technology-driven hydraulic fracturing services company with skilled crews, proprietary technology, state-of-the-art equipment, originator of "The Quiet Fleet."
• Vermilion Energy – (NYSE: VET) – In the U.S. Vermilion has a significant PRB Turner Sand position, a dominant Canadian Cardium position and European onshore and offshore operations.
• HighPoint Resources – (NYSE: HPR) – legacy DJ Basin operator in northern Colorado and southeast Wyoming, with acreage positions exclusively in rural areas with no urban exposure.
• Jagged Peak Energy – (NYSE: JAG) – pure play Delaware Basin operator with 75,000 net acres in the Southern Delaware Basin
• Baytex Energy – (NYSE: BTE) – crude oil and liquids production in the Eagle Ford shale in the U.S. and Canada's Duvernay, Lloydminster, Viking and Peace River plays.
• Occidental Petroleum – (NYSE: OXY) – top 10 U.S. E&P, with industry-leading operations in the Permian Basin, Middle East and Latin America, and significant midstream and chemical business units.
• Goodrich Petroleum – (NYSE: GDP) – leading Haynesville gas producer with 10,000 net acres in the core, with additional operations/assets in the Eagle Ford and TMS.
• Sundance Energy Australia – (NASDAQ: SNDE) – 52,000 net acres in the core of the Eagle Ford shale; 17 years of drilling inventory, 14,000 BOEPD producer.
• Kimbell Royalty Partners – (NYSE: KRP) – risk-adjusted cash yield through direct mineral ownership in over 13 million gross acres and more than 92,000 wells, without any associated operating costs or capital expenditures.
• SilverBow Resources – (NYSE: SBOW) – Eagle Ford pure play producing 227 MMcfe in Q42018 and proved reserves of 1,345 MMcfe (81% natural gas) at Dec. 31, 2018.
• Ring Energy – (NYSE: REI) – Permian pure play with 20,000 net acres in the Delaware Basin's Reeves and Culberson counties in Texas and 76,000 net acres in the Central Basin Platform.
• Gran Tierra Energy – (NYSE: GTE) – international independent E&P focused on developing oil assets in Colombia and Ecuador, producing 36,000 BOEPD.
• Lilis Energy – (NYSE: LLEX) – Delaware Basin pure-play – 20,000 net acre-contiguous acreage block in Loving and Winkler Counties, with additional acreage in Lea County, New Mexico. Focused on drilling the Wolfcamp, Bone Springs and Avalon formations.
• Panhandle Oil & Gas – (NYSE: PHX) – owns approximately 258,600 acres of perpetual mineral rights and 19,000 acres of leasehold rights in 10 states including the SCOOP, STACK, Eagle Ford Shale, Permian Basin, and the Bakken; assets include more than 6,000 gross producing wells.
• Lonestar Resources – (NASDAQ: LONE) – 57,000 net acres in the Eagle Ford shale with production of more than 11,000 BOEPD; uses geo-engineered completions and LWD steering.
• SM Energy – (NYSE: SM) – successful operator in the Midland and Eagle Ford shale basins, expects 2Q2019 production to be 126-131 MBOEPD; targeting free cash flow in 2H2019.
• W&T Offshore – (NYSE: WTI) – drilling assets on 201,000 deepwater Gulf of Mexico gross acres and 440,000 gross acres on the GOM shelf.
• Ultra Petroleum – (NASDAQ: UPL) – dominant Pinedale operator developing long-life gas reserves in the Green River Basin in the Pinedale and Jonah fields.
• Fleur de Lis Energy – (PRIVATE) – a "hybrid" private equity investment firm and oil and gas operator that has drilled 15 horizontal wells in the Permian Basin.

The conference investor presentations begin at 7:30 a.m. and run through 4:30 p.m. on Monday, Aug. 12.

Expert Speakers: Global energy industry leaders, economists, market strategists, government officials, energy finance professionals and other energy experts will provide their insights on global commodities markets, energy exports, frac sand supply and logistics, and capital sources for energy development.   

EnerCom is pleased to include Credit Agricole CIB's Chief Economist for the United States Michael Carey as a guest expert speaker at 11:30 a.m. on Monday, Aug. 12. Carey will provide his insight on energy markets, capital markets and market conditions going forward.

Monday's luncheon keynote address on Aug. 12, 2019 will be provided by Cedric Burgher, Occidental Petroleum (NYSE: OXY) CFO.

Online Registration is Open for EnerCom's 24^TH Annual The Oil & Gas Conference®:  Buyside investors and oil and gas company professionals may register for the event through the conference website registration page. 

Conference Details: The Oil & Gas Conference® 24 offers investment professionals the opportunity to listen to senior management teams in the oil and gas industry present operational and financial strategies and to gain exposure to important energy topics affecting the global oil and gas industry.

The EnerCom conference forum fosters healthy dialogue and informal networking opportunities for attendees at several sponsored events the week of the conference.  

Public and Private Company Presenters: The 2019 edition of EnerCom's The Oil & Gas Conference® will feature public and private oil and gas companies with operations around the world including the U.S. shale basins, the Gulf of Mexico and Canada.  A work-in-progress list of the 2019 presenting companies will be updated on the conference website. The daily schedule of presenters is also posted on the website (presenters, days, times are subject to change).

How to Hear the Luncheon Speakers:  Completing online registration well in advance of The Oil & Gas Conference® will provide your best chance to gain insight from Occidental Petroleum SVP and chief financial officer Cedric Burgher, Continental Resources Chairman and CEO Harold Hamm, and global supermajor Eni, SpA VP of North America Investor Relations Andrew Lees.

Who Attends the Conference: More than 2,000 institutional, private equity and hedge fund investors, family offices, energy research analysts, retail brokers, trust officers, high net worth investors, investment bankers and energy industry professionals gather in Denver for the conference.

One-on-One Meetings:  EnerCom works in advance with presenting company management teams to arrange one-on-one meetings with the attending institutional investors and research analysts at the conference venue. In 2018, EnerCom arranged and managed more than 2,000 one-on-one meeting requests.

How to Register:  Investment professionals and oil and gas companies may register for the event through the conference website. 

EnerCom History and Sponsors: EnerCom, Inc. founded The Oil & Gas Conference® in 1996. It is the oldest and largest energy investment conference in Denver.

Global sponsors of EnerCom's conferences are Netherland, Sewell & Associates; and Drillinginfo. Sponsors of The Oil & Gas Conference® 24 include CIBC; Credit Agricole CIB; McGriff, Seibels & Williams; Haynes and Boone; Moss Adams; PNC; Preng & Associates; Bank of America Merrill Lynch; DNB Bank ASA; Holland & Hart; MUFG; Petrie Partners; SMBC; and Wells Fargo.

About EnerCom, Inc.

Since 1994 EnerCom, Inc. has developed into a nationally recognized management consultancy advising oil and gas industry clients on corporate strategy, asset valuations, investor relations, media relations, external communications and visual communications design. 

EnerCom produces and publishes numerous data products and external communications tools for public energy companies and oil and gas investors including:

• peer group company valuations that are specific to the oil and gas industry;
• corporate annual reports, oil and gas company websites, custom stratigraphic and subsurface illustrations;
• company investor presentations;
• EnerCom's Monthly Oil & Gas Industry Data & Trends Report;
• Oil & Gas 360® - an online daily industry news portal; and
• EnerCom 360 - the online magazine.

Headquartered in Denver, with senior consultants in Dallas, EnerCom uses the team approach for delivering its wide range of services to public and private companies, large and small, operating in the global exploration and production, OilService, capital markets, and associated advanced-technology industries. EnerCom's professionals have more than 170 years of industry and business experience and a proven track record of success.

EnerCom's upcoming oil and gas investment conferences include:

EnerCom Denver (The Oil & Gas Conference®) – August 11-14, 2019
EnerCom Dallas – Q1 - 2020

For more information about EnerCom and its services, please visit http://www.enercominc.com/ or call +1 303-296-8834 to speak with the management team or one of our consultants.

About Netherland, Sewell & Associates, Inc.

Netherland, Sewell & Associates, Inc. (NSAI) was founded in 1961 to provide the highest quality engineering and geological consulting to the petroleum industry. Today they are recognized as the worldwide leader of petroleum property analysis to industry and financial organizations and government agencies. With offices in Dallas and Houston, NSAI provides a complete range of geological, geophysical, petrophysical, and engineering services and has the technical experience and ability to perform these services in any of the onshore and offshore oil and gas producing areas of the world. They provide reserves reports and audits, acquisition and divestiture evaluations, simulation studies, exploration resources assessments, equity determinations, and management and advisory services. For a complete list of services or to learn more about Netherland, Sewell & Associates, Inc. please visit www.netherlandsewell.com.

For more information about NSAI, call C.H. (Scott) Rees, Chief Executive Officer, at 214-969-5401 or send an email to info@nsai-petro.com.

About Drillinginfo

Drillinginfo delivers business-critical insights to the energy, power, and commodities markets. Its state-of-the-art SaaS platform offers sophisticated technology, powerful analytics, and industry-leading data. Drillinginfo's solutions deliver value across upstream, midstream and downstream markets, empowering exploration and production (E&P), oilfield services, midstream, utilities, trading and risk, and capital markets companies to be more collaborative, efficient, and competitive. Drillinginfo delivers actionable intelligence over mobile, web, and desktop to analyze and reduce risk, conduct competitive benchmarking, and uncover market insights. Drillinginfo serves over 5,000 companies globally from its Austin, Texas headquarters and has more than 1,000 employees.

For more information visit drillinginfo.com

About CIBC

CIBC is a leading Canadian-based global financial institution with a reputation as a strong, reliable banking partner focused on delivering customized products and services built on innovative thinking and leading technology.

Through our major business units – Canadian Personal & Business Banking, Canadian Commercial Banking & Wealth Management, U.S. Commercial Banking & Wealth Management and Capital Markets – our more than 45,000 employees provide a full range of financial products and services to 10 million clients around the world.

With offices throughout North America and other major financial centers, we are widely recognized as a strong global financial institution with more than $634 billion in assets and a market capitalization of $50 billion. We are rated A+ by Standard & Poor's, Aa2 by Moody's Investor Service and AA- by Fitch Ratings.

Our dedicated industry specialists based in Houston, New York, Calgary, London, Hong Kong, Beijing, Tokyo, Singapore and Sydney draw on the breadth of our capabilities to support firms across the entire energy value chain. From credit commitments, A&D advisory, M&A, and capital markets, we help our clients achieve their objectives and unlock value across a range of market conditions.

Visit www.cibccm.com/energy to learn more about CIBC Capital Markets and our energy capabilities.

About Crédit Agricole Corporate and Investment Bank

Crédit Agricole Corporate and Investment Bank is the corporate and investment banking arm of the Crédit Agricole Group, the world's eighth largest bank by total assets (The Banker, July 2014). Crédit Agricole CIB offers its clients a comprehensive range of products and services in capital markets, brokerage, investment banking, structured finance, corporate banking, and international private banking.

With headquarters in New York City, and U.S. offices in Houston and Chicago, Credit Agricole CIB Americas offers its corporate and institutional clients financial products and services and made-to-order structuring, origination and distribution, through both its banking unit Credit Agricole CIB, and the full-service broker-dealer Credit Agricole Securities (USA) Inc., which is a member of the NYSE and NASD.  Credit Agricole CIB is also present in Montreal, Canada, and in Latin America with offices in Argentina, Brazil, and Mexico.

The Energy Industry represents the single largest concentration of industry exposure at Credit Agricole Corporate and Investment Bank, whose specialty focus dates back over 100 years. Our Energy practice for North America, located in Houston, focuses on all segments of the business and covers it on a truly global basis.

For more information, visit www.ca-cib.com.

McGriff, Seibels & Williams

As one of the most progressive insurance brokerage firms in the United States, McGriff, Seibels & Williams leads the way with innovative programs to protect our clients' financial interests. Our experienced professionals work with some of the world's largest corporations to design state-of-the-art solutions for a full range of needs "…from property and casualty exposures…to employee benefits, life and pension plans…to financial services and surety products…to specialty insurance programs."

Our philosophy of personal service and attention to individual needs puts the client at the top of our organizational chart. We work to make each relationship a long-term partnership that continues to grow in value.

For more information please visit mcgriff.com.

About Haynes and Boone

Haynes and Boone, LLP is an energy-focused corporate law firm, providing a full spectrum of legal services to our clients across the oil and gas industry, including the upstream, midstream, and downstream sectors. We serve energy clients from our offices in Texas, Colorado, New York, California, Washington, D.C., London, Mexico City and Shanghai. We work as a team representing U.S. and foreign public and private companies engaged in the dynamic day-to-day work of finding and extracting oil and gas, and the banks, investment funds and other investors that support them.

Our team of more than 100 energy lawyers and landmen understands the U.S. and international physical and financial energy markets, and the firm has been helping operators and lenders complete some of the largest financings and M&A transactions in recent years. With more than 600 attorneys, Haynes and Boone is ranked among the largest law firms in the nation by The National Law Journal, and our energy lawyers have been ranked by publications such as Best Lawyers in America, Chambers and Partners and Who's Who in Energy.

For more info, please visit www.haynesboone.com.

About Moss Adams LLP

For more than 30 years, Hein & Associates has been recognized throughout the industry as a leading oil and gas accounting and advisory firm. In late 2017, Hein combined with Moss Adams LLP, one of the largest accounting, consulting and wealth management firms in the nation, creating a $600 million middle-market accounting/tax/audit leader in the western U.S. with a strong oil & gas practice group. With more than 2,900 professionals and staff across more than 25 locations in the West and beyond, Moss Adams works with many of the world's most innovative companies and leaders. Our strength in the middle market enables us to advise clients at all intervals of development—from start-up, to rapid growth and expansion, to transition. Today, we help over 2,300 companies doing business in more than 100 countries and territories.

For more information, please contact Joe Blice, Partner, National Practice Leader, Oil & Gas, CPA joe.blice@mossadams.com, (972) 687-7818.

Moss Adams LLP provides details at https://www.mossadams.com/home .

About PNC Financial Services Group

PNC is one of the largest, best-regarded and best-capitalized financial services companies in the country, with approximately $325 billion in assets and offices in 33 states, Canada and the United Kingdom.

PNC's Energy Group, headed by Tom Byargeon, is a significant capital and service provider to energy companies, with approximately $6.5 billion in commitments to the industry. The Energy office in Houston houses a team with extensive experience and deep relationships across the entire energy supply chain. This group also offers strategic corporate finance advice and delivers PNC's comprehensive set of solutions and capabilities, including commodity and interest rate hedging, debt capital markets, loan syndications, treasury management, asset securitization, equipment finance and institutional investments.

For more information, please contact Tom Byargeon at 713-353-8782 or tom.byargeon@pnc.com. You can also visit www.pnc.com.

About Preng & Associates

Preng & Associates, founded in 1980, is the only retainer-based, international executive search firm specializing solely in the energy industry. Its number one priority is to assist clients with their executive selection, organization development, and human resource needs by providing the highest quality service. Preng's record of accomplishment is directly attributable to their experienced staff, worldwide network of industry contacts, proven search methodology, and high standards of professionalism. Preng has conducted over 3000 searches for board, executive, management, and professional positions in its 35-year history and has the highest success and repeat client track record.

Preng's practice is based on the premise that the search process is most effective when conducted by professionals with significant search industry experience. The company has earned a reputation for combining professional search disciplines with an in-depth industry and market understanding and has succeeded in some of the industry's most challenging and high-profile searches. Preng's international reach allows it to effectively conduct global engagements; and as a member of the Association of Executive Search Consultants, Preng practices and promotes its high standards of conduct and professionalism.

For more information about Preng & Associates, contact Charles Carpenter, Partner at 713-243-2610 or ccarpenter@preng.com.

About Bank of America Merrill Lynch

Bank of America Merrill Lynch Oil and Gas Group

The Bank of America Merrill Lynch (BofAML) Oil and Gas practice is comprised of a global team of bankers dedicated to covering the energy industry, dating back to the 1920s when Texas predecessor banks pioneered reserve-based lending.  The practice includes an experienced in-house Petroleum Engineering team with over 150 years of combined experience. With one of the only full-service financial energy platforms in the industry, the BofAML oil and gas team manages significant capital commitments in the energy sector with dedicated bankers based in Calgary, Denver, Dallas, Houston, London and New York.

The BofA Merrill Lynch Global Research platform offers clients access to information and actionable ideas on stocks, bonds, economics and investment strategies. With approximately 700 analysts in more than 20 countries, we offer our clients knowledge about economic and business developments that are having an impact on the markets, so that they can work with their financial advisors to make the most of opportunities.  BofA Merrill Lynch Global Research was ranked No. 1 for the fourth consecutive year on the 2014 list of Top Global Research Firms, Institutional Investor. 

About DNB ASA

DNB is Norway's largest financial services provider, with total assets approaching $400 billion. The bank has for years been a major provider of capital to the oil & gas industry, growing up literally side by side with the highly prolific fields developed in the Norwegian Sector of the North Sea. The Oslo Energy Office maintains a global financing strategy and serves this market through multiple offices around the world including Houston, London and Singapore.

Energy Americas, based in Houston, comprises approximately 20 seasoned energy finance professionals. Aside from facilitating the bank's global business strategies, the office concentrates primarily on serving middle market and larger customers in the four principal oil & gas sectors — upstream, midstream, downstream and service — as well as in Power and Renewables. The bank offers a variety of financial products, from traditional oil & gas reserve financing, to longer-term capital markets transactions and merger/acquisition advisory services through its broker-dealer arm, DNB Markets, Inc. Ancillary service capabilities include cash management/depository services, as well as commodity and interest rate hedging.

For information on DNB's energy services, please visit the DNB energy website.

About Holland & Hart

Holland & Hart's oil and gas clients include the major, large independent producers and small to medium sized independents.

The Mountain West is one of the nation's leading oil and gas producing regions, and we are the only law firm with established oil and gas lawyers in every state in the region. We provide clients broad-based, in-depth industry knowledge and legal capabilities by local practitioners who have long-standing professional relationships with decision makers in each of the Mountain West states.

We assist clients at every stage of the oil and gas business, from upstream activities including exploration, production, secondary and tertiary recovery, to midstream gathering and processing activities; and to downstream elements including refining, pipelines, local distribution, marketing, and Federal and State utility regulation. Within each segment of the oil and gas business, Holland & Hart's regional team has experience providing representation every step of the way.

For details, please contact Lisa Adelberg in the Denver office: (303) 295-8148.   

About MUFG

Mitsubishi UFJ Financial Group (MUFG) has been a leading provider of banking services to the oil and gas industry in the Americas for more than 30 years, consistently ranking in the Top 10 Lead Arrangers and Top 10 Bond Arrangers in the Thomson Reuters Oil and Gas League Tables.

We support clients across the industry—from regional exploration and production to global diversified services companies—that benefit from our focused approach, strong execution, and customized services. Whether you are looking to expand existing reserves, make an acquisition, or streamline operations, we can support your growth with services, including: underwriting and syndications; U.S./Canadian cross-border funding; securities underwriting and placements; leasing and tax equity financing; and commodities, interest rate, and foreign exchange risk management. 

For more information, visit: www.mufgamericas.com/oil-gas.

About Petrie Partners

Petrie Partners, LLC is a boutique investment banking firm offering financial advisory services to the oil and gas industry. We provide specialized advice on mergers, divestitures and acquisitions and private placements.

For more information please refer to petrie.com.

About SMBC

Sumitomo Mitsui Banking Corporation (SMBC) is a core member of Sumitomo Mitsui Financial Group (SMFG), a Tokyo-based bank holding company that is ranked among the largest 25 banks globally by assets under management.

SMBC Americas Division, with more than 2,500 employees, oversees operations in the U.S., Canada, Mexico, and South America. We work across SMFG to offer corporate and institutional clients sophisticated and comprehensive financial services around the globe.

SMBC's roots in Japan trace back more than 400 years to 1590. The Americas Division of SMBC has more than a century of experience in the United States, beginning when the San Francisco branch of Sumitomo Bank was established in 1919. Sumitomo Mitsui Financial Group (NYSE: SMFG) was listed on the New York Stock Exchange in 2010.

For more information please visit the corporate website: www.smbcgroup.com/americas/group-companies/

About Wells Fargo & Company

Wells Fargo & Company (NYSE: WFC) is a nationwide, diversified, community-based financial services company providing banking, insurance, investments, mortgage, and consumer and commercial finance through more than 8,700 locations, 12,500 ATMs, and the internet (wellsfargo.com) and mobile banking, and has offices in 36 countries to support customers who conduct business in the global economy.

The Energy Banking Group, headed by Bart Schouest, provides corporate banking products and services to the energy sector, including upstream, midstream, oilfield services, and diversified industries. With offices in Houston, Dallas, Denver, Calgary, and Aberdeen the group's success is driven by in-depth industry expertise and longstanding relationships with key industry participants. The group has over $45 billion of credit commitments to public and private companies across the upstream, midstream, downstream, services, and power and utilities sectors.

The Energy & Power Investment Banking Group, headed by James Kipp, provides strategic advisory and corporate finance expertise to energy and power clients, including upstream, midstream, oilfield services, downstream, coal and the power & utilities sectors. Areas of focus include equity, equity-linked and debt underwritings, private placements, syndications, and mergers and acquisitions. The Energy & Power Investment Banking Group has offices in Houston and Charlotte.

These teams work together to offer clients industry and product expertise, in addition to sharing their understanding of internal and external forces that drive both industry trends and financial markets. For additional information, contact us at 713-319-1350 or Energy@wellsfargo.com.

View original content:http://www.prnewswire.com/news-releases/enercom-posts-schedule-of-presenters-for-the-oil--gas-conference-aug-11-14-2019-300866065.html

SOURCE EnerCom, Inc.

FORT WORTH, Texas, May 13, 2019 /PRNewswire/ -- 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 March 31, 2019.

HIGHLIGHTS

• Lonestar reported a 46% increase in net oil and gas production to 11,372 BOE/d during the three months ended March 31, 2019 ("1Q19"), compared to 7,777 BOE/d for the three months ended March 31, 2018 ("1Q18"). The production volumes were within Company guidance of 11,200 - 12,000 BOE/d and were comprised of 79% crude oil and NGL's on an equivalent basis. With the addition of six new wells, current net oil and gas production has climbed to 14,000 BOE/d.
• During 1Q19, Lonestar experienced an unusually high number of instances in which its producing wells were hit by frac operations conducted by third parties. In total, 9 of the Company's pads were affected, and a total of 23 of our wells in the Western and Central regions experienced production curtailments related to these 'frac hits'. These offset frac hits resulted in an aggregated reduction of 330 BOE/d in our 1Q19 production, reducing quarterly revenue by $1.4 million and increasing Lease Operating Expenses ("LOE") by $0.6 million. Notably, all wells have since been returned to production equal to or above their third-party type curves.
• Lonestar reported a net loss attributable to its common stockholders of $60.6 million during 1Q19 compared to a net loss of $18.4 million during 1Q18, or a net loss of $2.45 and $0.75 per share, respectively. Our first quarter net loss included a $32.9 million loss attributable to the sale of our Pirate properties in March 2019, while our 2018 net loss included an $8.6 million loss on extinguishment of debt. Excluding, on a tax-adjusted basis, certain items that the Company does not view as either recurring or indicative of its ongoing financial performance, Lonestar's adjusted net loss for 1Q19 was $3.4 million, or $0.14 per share. Most notable among these items include: $35.5 million of unrealized hedging gains/losses on financial derivatives related to mark-to-market accounting on our hedge book and $0.9 million associated with stock-based compensation. Please see Non-GAAP Financial Measures at the end of this release for the definition of Adjusted Net Income (Loss) to adjusted net income (loss), a reconciliation of net income before taxes to adjusted net income(loss), and the reasons for its use.
• Lonestar reported a 15% increase in Adjusted EBITDAX for the three months ended March 31, 2019 of $27.0 million compared to $23.4 million for 1Q18. This improvement was driven by a 46% increase in production coupled with an 11% reduction in unit cash operating expenses. Please see Non-GAAP Financial Measures at the end of this release for the definition of Adjusted EBITDAX, a reconciliation of net loss to Adjusted EBITDAX, and the reasons for its use.

Lonestar's Chief Executive Officer, Frank D. Bracken, III, commented, "While our first quarter 2019 results represented significant improvement over the year prior, it represented a temporary pause in what the market has come to expect in terms of our ongoing financial growth and maturation. In fact, very little of our planned completion activity contributed to our first quarter results. Just 3 of our planned 20 completions for the year added to first quarter production, and those completions represented just 11% of the total perforated interval we plan to bring onstream over the course of 2019. The quarter was also impacted by an unprecedented number of frac hits from offset wells. I am pleased to report that Lonestar's wells not only weathered those hits but now have been restored to full rate. In the second quarter, completion activity has accelerated significantly, with 6.0 gross / 5.2 net wells commencing flowback in May. These wells represent total perforated interval of 47,600 feet, or 27% of our anticipated total for 2019. Current net production is a record 14,000 BOE/d, and accordingly, we expect the second quarter to reflect significant sequential growth in production and Adjusted EBITDAX, which will accelerate in the third quarter, when we expect to set an all-time record for both."

OPERATIONAL UPDATE

• Lonestar reported net oil and gas production of 11,372 BOE/d during the three months ended March 31, 2019, an increase of 46% compared to 7,777 BOE/d during the three months ended March 31, 2018. 1Q19 production volumes consisted of 6,557 barrels of oil per day (58%), 2,417 barrels of NGLs per day (21%), and 14,391 Mcf of natural gas per day (21%). The Company's production mix for the three months ended March 31, 2019 was 79% liquid hydrocarbons.
• Lonestar's Eagle Ford Shale assets continued to deliver outstanding wellhead realizations in 1Q19. Lonestar's wellhead crude oil price realization was $56.90 per barrel, which reflects a premium of $2.00 /bbl vs. West Texas Intermediate. Lonestar's realized NGL price was $15.60 per barrel, or 28% of WTI. This was largely driven by a drop in Propane and other heavy liquids pricing which fell as much as 23% from 1Q18 prices. Lonestar's realized wellhead natural gas price was $2.91 per Mcf, reflecting a $0.01/Mcf discount to Henry Hub.
• Operating revenues increased by $4.0 million to $40.7 million, or 11%, between the two quarters, primarily driven by a 46% increase in production partially offset with a 35% decrease in commodity prices.
• In 1Q19, Lonestar demonstrated continued progress in scaling its business to make it more competitive, delivering an 11% reduction in per BOE cash operating costs (outlined below). Total cash expenses, which includes the cash portions of lease operating, gathering, processing, transportation, production taxes, general & administrative, and interest expenses were $23.4 million for the three months ended March 31, 2019. While cash operating costs rose 30% compared to $17.9 million in the three months ended March 31, 2018, Lonestar's 46% increase in production yielded an 11% reduction in cash operating costs per unit, reducing total cash expenses from $25.61 per BOE in 1Q18 to $22.76 per BOE in 1Q19.
• Lease Operating Expenses, excluding rig standby costs of $0.1 million, were $6.7 million for the three months ended March 31, 2019, which was 62% higher than LOE of $4.1 million in the three months ended March 31, 2018. During 1Q19, Lonestar was hit by third party fracs across 9 of its pads, a total of 23 wells in its Western and Central regions. These offset frac hits resulted in an additional $0.6 million of LOE or $0.54 on a per BOE basis. These unplanned lease operating expenses were almost exclusively responsible for the 11% increase in LOE to $6.57 per BOE for the three months ended March 31, 2019.
• Gathering, Processing & Transportation Expenses ("G, P&T") for the three months ended March 31, 2019 were $0.9 million, which was 99% higher than the G, P&T of $0.4 million in the three months ended March 31, 2018, related to a 124% increase in gas production. On a unit-of-production basis, G, P&T increased 36% to $0.86 per BOE for the three months ended March 31, 2019.
• Production taxes for the three months ended March 31, 2019 were $2.3 million, which was 6% higher than production taxes of $2.2 million in the three months ended March 31, 2018. On a unit-of-production basis, production taxes decreased 28% to $2.24 per BOE for the three months ended March 31, 2019.
• General & Administrative Expenses in the three months ended March 31, 2018 were $3.4 million vs. $4.4 million in the three months ended March 31, 2019. General & Administrative Expenses, excluding stock-based compensation of $0.5 million in the three months ended March 31, 2018 and $0.9 million in the three months ended March 31, 2019 ("G&A"), increased from $3.0 million to $3.5 million, respectively. On a unit-of-production basis, G&A per BOE fell 21% year over year, from $4.24 per BOE in 2018 to $3.37 per BOE in 2019.
• Interest Expense was $9.3 million in the three months ended March 31, 2018 vs. $10.7 million in the three months ended March 31, 2019. Interest Expense excluding amortization of debt issuance cost, premiums, and discounts, increased year over year from $8.2 million in 1Q18 to $10.0 million in 1Q19. On a unit-of-production basis, interest per BOE decreased 17% year over year from $11.72 per BOE in 2018 to $9.73 per BOE in 2019.
• Lonestar is committed to managing its liquidity and high-grading its portfolio. On March 22, 2019, we completed the divestiture of our Pirate assets in Wilson County for $12.3 million, before closing adjustments, to a private third-party. The assets were comprised of 3,400 net undeveloped acres and held 7 proved undeveloped locations as of the closing date, and were producing approximately 200 BOE/d.

GUIDANCE

• Lonestar responded to low oil prices in 4Q18 by deferring drilling and completion activities. Consequently, in 1Q19, the Company only completed 3 gross / 2.9 short laterals in La Salle County that began producing in March. However, Lonestar has ramped up to its activity and expects to continue to increase production organically during the second quarter, and through the remainder of 2019. The Company anticipates placing 6.0 gross / 5.2 net wells online during 2Q19. In April, 2 gross / 2.0 net wells at Horned Frog NW were placed into flowback. In May, 4 gross / 3.2 net wells in Karnes County have been placed into flowback operations. The Company has recently completed drilling operations on 2 gross / 2.0 net wells at Horned Frog with projected completed intervals exceeding 12,000 feet, with completion operations expected to commence before the end of May. Flowback operations for these two wells are expected to commence on or around July 1, 2019, and these wells are expected to contribute materially to the third quarter production volumes.
• Lonestar issued production guidance of 12,400 to 12,800 BOE/d for the second quarter of 2019, a 12% increase over 2Q18 results at the midpoint. The primary sources for production growth in the second quarter will be 2.0 net wells at Horned Frog NW, which will contribute volumes for essentially the whole quarter, and 3.2 net wells in Karnes County, which are expected to contribute volumes for roughly half of the second quarter.
• Lonestar issued Adjusted EBITDAX guidance of $30 to $32 million for the second quarter of 2019, a 15% sequential increase over 1Q19 results. During the quarter, the Company anticipates oil realizations of +$2.10/bbl to WTI and lease operating expenses of $6.00/BOE.

EAGLE FORD SHALE TREND- WESTERN REGION

In our Western Region, production for the first quarter of 2019 averaged approximately 5,722 BOE per day, a 74% increase over the prior year.  During 1Q19, Lonestar was hit by third party fracs across 9 of its pads, a total of 23 wells in its Western and Central regions. These offset frac hits led to curtailed production of approximately 330 BOE/d during the quarter and will also modestly impact sales in April.  In aggregate, these wells have since recovered and returned to their third-party type curves. After completing 3 gross / 2.9 net wells at Burns Ranch during the first quarter, the Company focused its Western Region drilling activities to its Horned Frog region, which has some of the highest internal rate of returns ("IRR") in the Company's profile.

In April, the Company began flowback operations on the Horned Frog NW #4H and #5H. The Company holds a 100% working interest ("WI") / 75% net revenue interest ("NRI") in these wells. These wells were drilled to an average total measured depth of 19,716 and 19,672 feet and were fracture-stimulated using diverters with an average proppant concentration of 2,030 pounds per foot over 33 stages. Perforations and test rates for the for wells are:

• Horned Frog NW #4H – 9,771 perforated feet tested 823 Bbls/d oil & 2,825 Mcf/d or 1,489 BOE/d (three-stream) on a 26/64" choke
• Horned Frog NW #5H – 9,645 perforated feet tested 797 Bbls/d oil & 2,872 Mcf/d or 1,475 BOE/d (three-stream) on a 26/64" choke

These wells are our second set at our Horned Frog NW property and immediately offset the Horned Frog NW #2H and #3H, which were placed onstream last year. Early indications are that we have demonstrated two important technical achievements. First, we believe we have demonstrated the Company's capability to maximize lateral length while maintaining productivity per foot (these wells are 50% longer than our first pair).  On a per foot basis, the new wells are producing at nearly identical rates compared to the 'parent' wells drilled last year. Additionally, we believe that we have demonstrated our ability to not damage productivity and recovery of the parent wells. After shut-in for fracture stimulation of our new #4H and #5H wells, the #2H and #3H have reestablished rates of production that exceed rates prior to shut-in.

In late April, the Company completed drilling operations on the Horned Frog F #1H and #2H. These wells were drilled to total measured depths of 22,675 and 22,520 feet, respectively, and are expected to have perforated intervals averaging 12,350 feet.  Fracture stimulation operations are expected to begin in May with an average proppant concentration exceeding 2,000 pounds per foot.  These wells are expected to begin flowback operations on or around July 1. Lonestar holds a 100% WI / 78% NRI in these wells.

EAGLE FORD SHALE TREND- CENTRAL REGION

In our Central Region, 1Q19 production averaged approximately 5,391 BOE per day, a 33% increase over the prior year.  On March 22, 2019, we completed the divestiture of our Pirate assets in Wilson County for $12.3 million, before closing adjustments, to a private operator.  This asset contributed approximately 200 BOE/d.  Despite this sale, the continued growth of the region was largely driven by the Sooner acquisition which occurred in November 2018.

The Company did not place any new wells onstream in the Central Region during the first quarter of 2019 but did complete drilling operations on the Georg #3H, Georg #4H, Georg #5H, and Georg #6H.  These wells were drilled to average total measured depths ranging from 16,396 feet and 16,475 feet.  Completion operations finished last week. The wells were fracture-stimulated using diverters with an average proppant concentration of 2,000 pounds per foot over 25 stages with average perforated intervals of 7,210 feet.  Lonestar has an 80% WI / 61% NRI in these wells.

Completion operations on this four-well pad concluded last week.  The wells were fracture-stimulated using diverters with an average proppant concentration of 2,000 pounds per foot over 25 stages.  In the past week, these four wells were placed into flowback operations.  Perforations and test rates for the for wells are:

• Georg #3H – 7,156 perforated feet tested 1,129 Bbls/d oil & 693 Mcf/d or 1,290 BOE/d (three-stream) on a 26/64" choke
• Georg #4H – 7,230 perforated feet tested 1,113 Bbls/d oil & 589 Mcf/d or 1,250 BOE/d (three-stream) on a 25/64" choke
• Georg #5H – 7,227 perforated feet tested 1,276 Bbls/d oil & 737 Mcf/d or 1,447 BOE/d (three-stream) on a 26/64" choke
• Georg #6H – 7,236 perforated feet tested 1,294 Bbls/d oil & 783 Mcf/d or 1,476 BOE/d (three-stream) on a 26/64" choke

At the end of the first quarter, the Company commenced drilling 3 gross / 3.0 net wells at its Sooner property, the Buchhorn #4H, Buchhorn #5H and Buchhorn #6H.  These wells, our first at Sooner, have planned total measured depths of approximately 20,300 feet and expected perforated intervals of 6,000 feet. Lonestar expects to commence flowback operations on these wells in August 2019. Lonestar has a 100% WI / 78% NRI in these wells.

Lonestar is also currently drilling 2 gross / 2.0 net wells on assets in Fayette County acquired from Sanchez Energy in 2017.  These wells, the Five Mile Creek E&B #A1H and the Five Mile Creek E&B #B2H are projected to be the longest laterals drilled by the Company to date, with projected perforated intervals of 13,000 feet.

EAGLE FORD SHALE TREND- EASTERN REGION

In our Eastern Region, production for the first quarter of 2019 averaged approximately 259 BOE per day, a 41% decrease over the prior year. The Company did not complete any wells in this region in the first quarter.  However, Lonestar has permitted a horizontal well intended to have a 10,000' perorated interval in western Brazos County. This well is on-strike with its Wildcat B#1H wells, which has produced a cumulative 460,000 BOE in 24 months of production.  Lonestar plans to spud the well in June and expects to have a 50% WI / 38% NRI in the well.

CONFERENCE CALL DETAILS

Lonestar will host a live conference call on Monday, May 13, 2019 at 9:00 AM CDT to discuss the first quarter 2019 results and operational highlights.

To access the conference call, participants should dial:

USA: 1-800-925-4693
International: +1-303-223-0113
A playback of the conference call will be available on the Investor Relations section of Company's website beginning approximately May 14, 2019.

ABOUT LONESTAR RESOURCES US INC.

Lonestar is an independent oil and natural gas company, focused on the development, production and acquisition of unconventional oil, NGLs and natural gas properties in the Eagle Ford Shale in Texas, where we accumulated approximately 74,253 gross (53,448 net) acres in what we believe to be the formation's crude oil and condensate windows, as of March 31, 2019. For more information, please visit www.lonestarresources.com.

Cautionary & Forward-Looking Statements

Lonestar Resources US Inc. cautions that this press release contains forward-looking statements, including, but not limited to; Lonestar's execution of its growth strategies; growth in Lonestar's leasehold, reserves and asset value; and Lonestar's ability to create shareholder value. These statements involve substantial known and unknown risks, uncertainties and other important factors that may cause our actual results, levels of activity, performance or achievements to be materially different from the information expressed or implied by these forward-looking statements. These risks and uncertainties include, but are not limited to, the following:  volatility of oil, natural gas and NGL prices, and potential write-down of the carrying values of crude oil and natural gas properties; inability to successfully replace proved producing reserves; substantial capital expenditures required for exploration, development and exploitation projects; potential liabilities resulting from operating hazards, natural disasters or other interruptions; risks related using the latest available horizontal drilling and completion techniques; uncertainties tied to lengthy period of development of identified drilling locations; unexpected delays and cost overrun related to the development of estimated proved undeveloped reserves; concentration risk related to properties, which are located primarily in the Eagle Ford Shale of South Texas; loss of lease on undeveloped leasehold acreage that may result from lack of development or commercialization; inaccuracies in assumptions made in estimating proved reserves; our limited control over activities in properties Lonestar does not operate; potential inconsistency between the present value of future net revenues from our proved reserves and the current market value of our estimated oil and natural gas reserves; risks related to derivative activities; losses resulting from title deficiencies; risks related to health, safety and environmental laws and regulations; additional regulation of hydraulic fracturing; reduced demand for crude oil, natural gas and NGLs resulting from conservation measures and technological advances; inability to acquire adequate supplies of water for our drilling operations or to dispose of or recycle the used water economically and in an environmentally safe manner; climate change laws and regulations restricting emissions of "greenhouse gases" that may increase operating costs and reduce demand for the crude oil and natural gas; fluctuations in the differential between benchmark prices of crude oil and natural gas and the reference or regional index price used to price actual crude oil and natural gas sales; and the other important factors discussed under the caption "Risk Factors" in our Annual Report on Form 10-K filed with the Securities and Exchange Commission, or the SEC, on March 13, 2019, as well as other documents that we may file from time to time with the SEC. We may not actually achieve the plans, intentions or expectations disclosed in our forward-looking statements, and you should not place undue reliance on our forward-looking statements. Actual results or events could differ materially from the plans, intentions and expectations disclosed in the forward-looking statements we make. The forward-looking statements in this press release represent our views as of the date of this press release. We anticipate that subsequent events and developments will cause our views to change. However, while we may elect to update these forward-looking statements at some point in the future, we have no current intention of doing so except to the extent required by applicable law. You should, therefore, not rely on these forward-looking statements as representing our views as of any date subsequent to the date of this press release.

(Financial Statements to Follow)

NON-GAAP FINANCIAL MEASURES (Unaudited)

Reconciliation of Non-GAAP Financial Measures

Adjusted EBITDAX

Adjusted EBITDAX is not a measure of net income as determined by GAAP. Adjusted EBITDAX is a supplemental non-GAAP financial measure that is used by management and external users of the Company's consolidated financial statements, such as industry analysts, investors, lenders and rating agencies. The Company defines Adjusted EBITDAX as net (loss) income before depreciation, depletion, amortization and accretion, exploration costs, non-recurring costs, (gain) loss on sales of oil and natural gas properties, impairment of oil and gas properties, stock-based compensation, interest expense, income tax (benefit) expense, rig standby expense, other income (expense), unrealized (gain) loss on derivative financial instruments and unrealized (gain) loss on warrants.

Management believes Adjusted EBITDAX provides useful information to investors because it assists investors in the evaluation of the Company's operating performance and comparison of the results of the Company's operations from period to period without regard to its financing methods or capital structure. The Company excludes the items listed above from net income in arriving at Adjusted EBITDAX to eliminate the impact of certain non-cash items or because these amounts can vary substantially from company to company within its industry depending upon accounting methods and book values of assets, capital structures and the method by which the assets were acquired. Adjusted EBITDAX should not be considered as an alternative to, or more meaningful than, net income (loss) as determined in accordance with GAAP. Certain items excluded from Adjusted EBITDAX are significant components in understanding and assessing a company's financial performance, such as a company's cost of capital and tax structure, as well as the historic costs of depreciable assets, none of which are components of Adjusted EBITDAX. The Company's computations of Adjusted EBITDAX may not be comparable to other similarly titled measures of other companies.

The following table presents a reconciliation of Adjusted EBITDAX to the GAAP financial measure of net income (loss) for each of the periods indicated.

Adjusted Net Income (Loss)

Adjusted net income (loss) comparable to analysts' estimates as set forth in this release represents income or loss from operations before income taxes adjusted for certain non-cash items (detailed in the accompanying table) less income taxes.  We believe adjusted net income (loss) is calculated on the same basis as analysts' estimates and that many investors use this published research in making investment decisions and evaluating operational trends of the Company and its performance relative to other oil and gas producing companies.  Diluted earnings per share (adjusted) as set forth in this release represents adjusted net income (loss) comparable to analysts' estimates on a diluted per share basis. 

The following table presents a reconciliation of Adjusted Net Income (Loss) to the GAAP financial measure of net income (loss) before taxes for each of the periods indicated.

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SOURCE Lonestar Resources US Inc.

FORT WORTH, Texas, May 1, 2019 /PRNewswire/ -- Lonestar Resources US Inc. (NASDAQ: LONE) (together with its subsidiaries, "Lonestar") will announce its first quarter 2019 results after the close of trading on Friday, May 10^th, 2019. The report will be made available via PR Newswire and the Company's website at www.lonestarresources.com. 

Lonestar has timed this release in anticipation of providing production results on six wells that are in flowback at Horned Frog NW and in Karnes County.  Management will host a live conference call on Monday, May 13^th, 2019 at 9:00AM CDT to discuss the first quarter 2019 results and operational highlights.

To access the conference call, participants should dial:

USA: 800-925-4693

International: +1-303-223-0113

About Lonestar
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.

Cautionary Note Regarding Forward Looking Statements

Disclosures in this press release contain certain forward-looking statements within the meaning of the federal securities laws.  Statements that do not relate strictly to historical or current facts are forward-looking.  These statements contain words such as "possible," "if," "will," "expect" and "assuming" and involve risks and uncertainties including, among others that our business plans may change as circumstances warrant and securities of the Company may not ultimately be offered to the public because of general market conditions or other factors.  Accordingly, readers should not place undue reliance on forward-looking statements as a prediction of actual results.  For more information concerning factors that could cause actual results to differ materially from those conveyed in the forward-looking statements, please refer to the "Risk Factors" section of the Annual Report on Form 10-K for the year ended December 31, 2018, filed with the Securities and Exchange Commission (the "SEC") on March 13, 2019 and subsequently filed quarterly reports on Form 10-Q.  Any forward-looking statements in this press release are made as of the date of this press release and the Company undertakes no obligation to update or revise such forward-looking statements to reflect events or circumstances that occur, or of which the Company becomes aware, after the date hereof, unless required by law.

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SOURCE Lonestar Resources US Inc.

FORT WORTH, Texas, March 26, 2019 /PRNewswire/ -- Lonestar Resources US Inc. (NASDAQ: LONE) (together with its subsidiaries, "Lonestar") announced that it will be presenting at the IPAA Oil & Gas Symposium in New York City.

Frank D. Bracken, III, Chief Executive Officer, is scheduled to present at the 2019 IPAA Oil & Gas Symposium on Tuesday, April 9, 2019 at 3:05PM EDT.

About Lonestar

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.

Cautionary Note Regarding Forward Looking Statements

Disclosures in this press release contain certain forward-looking statements within the meaning of the federal securities laws. Statements that do not relate strictly to historical or current facts are forward-looking. These statements contain words such as "possible," "if," "will," "expect" and "assuming" and involve risks and uncertainties including, among others that our business plans may change as circumstances warrant and securities of the Company may not ultimately be offered to the public because of general market conditions or other factors. Accordingly, readers should not place undue reliance on forward-looking statements as a prediction of actual results. For more information concerning factors that could cause actual results to differ materially from those conveyed in the forward-looking statements, please refer to the "Risk Factors" section of the Annual Report on Form 10-K for the year ended December 31, 2018, filed with the Securities and Exchange Commission (the "SEC") on March 13, 2019 and subsequently filed quarterly reports on Form 10-Q. Any forward-looking statements in this press release are made as of the date of this press release and the Company undertakes no obligation to update or revise such forward-looking statements to reflect events or circumstances that occur, or of which the Company becomes aware, after the date hereof, unless required by law.

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SOURCE Lonestar Resources US Inc.

FORT WORTH, Texas, March 7, 2019 /PRNewswire/ -- 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 and year ended December 31, 2018.

HIGHLIGHTS

• Lonestar reported an 81% increase in net oil and gas production to 13,152 Boe/d during the three months ended December 31, 2018 ("4Q18"), compared to 7,272 Boe/d for the three months ended December 31, 2017 ("4Q17"). The Company's record production volumes exceeded the Company's guidance of 12,600 - 12,800 Boe/d and were 80% crude oil and NGL's on an equivalent basis.
• Lonestar reported a net income attributable to its common stockholders of $75.2 million during 4Q18 compared to a net loss of $17.6 million during 4Q17.   Excluding, on a tax-adjusted basis, certain items that the Company does not view as either recurring or indicative of its ongoing financial performance, Lonestar's adjusted net income for 4Q18 was $5.4 million, or $0.22 per basic common share.  Most notable among these items include: unrealized hedging gains/losses on financial derivatives and stock-based compensation. Please see Non-GAAP Financial Measures at the end of this release for the definition of Adjusted Net Income (Loss) to adjusted net income (loss), a reconciliation of net income before taxes to adjusted net income (loss), and the reasons for its use.
• Lonestar reported a 99% increase in Adjusted EBITDAX for the three months ended December 31, 2018 of $40.7 million compared to $20.5 million for 4Q17, which was in the higher end of our guidance of $39.0 - $41.0 million and set another record for the Company. This improvement was driven by an 81% increase in production and a 10% reduction in unit cash operating expenses. Please see Non-GAAP Financial Measures at the end of this release for the definition of Adjusted EBITDAX, a reconciliation of net loss to Adjusted EBITDAX, and the reasons for its use.
• Lonestar has issued production guidance of 11,200 to 12,000 Boe/d for the first quarter of 2019. As commodity prices fell precipitously in the fourth quarter of 2018, Lonestar suspended drilling operations pending the negotiation of contracts for drilling and completion operations which gave the Company sufficient flexibility to "dial-in" activity levels to react to commodity prices and expected cash flow generation capacity. Consequently, Lonestar anticipates the completion of 3 gross/2.9 net wells late in the first quarter of 2019. The midpoint of guidance represents a 49% increase over 1Q18 results.
• Despite a delayed start in completion activity, Lonestar has reiterated its previously-issued 2019 production guidance of 13,700 to 14,700 Boe/d for 2019, which equates to production growth of 27% over 2018 levels. Based the onstream dates associated with its current program, Lonestar has issued Adjusted EBITDAX guidance for 2019 of $140 to $155 million.
• Given the success Lonestar was able to achieve with a dedicated frac spread in 2018, the Company recently executed an agreement with another leading energy service provider for a dedicated frac spread for 2019. This agreement should drive cost down significantly year over year on a per well basis as well as continue to improve our ability to turn wells into production in a timely and efficient fashion, delivering more predictable results to our shareholders.
• Lonestar continually evaluates its asset portfolio and constantly seeks to improve its capital structure and returns profile. As part of this process, Lonestar has agreed to sell its Pirate assets in Wilson County for $12.3 million. The sale is anticipated to close prior to the end of March 2019. In February, 2019, average daily sales volumes were 219 Boe/d. The Pirate asset is comprised of 3,400 net undeveloped acres and held 7 Proved Undeveloped locations at December 31, 2018.

Lonestar's Chief Executive Officer, Frank D. Bracken, III, commented, "2018 was another year of tremendous per-share growth for Lonestar, coming from a balanced program of drilling and acquisitions.  We generated a 81% increase in production and a 99% increase in Adjusted EBITDAX.  We extended our track-record of low-cost reserve growth, registering all-sources finding and development costs of $9.07 per BOE while increasing our Proved reserves by 27%. In 2018, we demonstrated substantial improvements in productivity and returns in our core areas, and the focus of our 2019 and 2020 drilling programs will be in these core areas, and additionally on our recently-acquired Sooner property. We have designed our 24-month plan to focus our drilling on areas where we have demonstrated the highest IRR's in our portfolio, which are in both the crude oil window (Cyclone/Hawkeye and Karnes County), which are 85% oil / 7% NGL's / 5% gas, and condensate windows (Horned Frog and Sooner), which are 16% oil / 45% NGLs / 39% gas. This returns-focused program is expected to generate 20+% growth in production and EBITDAX through 2020. Importantly, this program is designed to allow the Lonestar to become cash flow self-sufficient in the second half of 2019 and for the full-year in 2020.  As a result, we believe that Lonestar will be one of the few companies among its peers who can generate these levels of growth while doing so with internally generated cash flow."

OPERATIONAL UPDATE

• Lonestar reported net oil and gas production of 13,152 Boe/d during the three months ended December 31, 2018, an increase of 81% compared to 7,272 Boe/d during the three months ended December 31, 2017. 4Q18 production volumes consisted of 7,883 barrels of oil per day (60%), 2,675 barrels of NGLs per day (20%), and 15,561 Mcf of natural gas per day (20%). The Company's production mix for the three months ended December 31, 2018 was 80% liquid hydrocarbons.
• Lonestar's Eagle Ford Shale assets delivered excellent wellhead realizations in 4Q18. Lonestar's realized wellhead crude oil price was $64.86 per barrel, which reflects a positive differential of $6.05 /bbl vs. West Texas Intermediate. Lonestar's realized NGL price was $22.48 per barrel, which at 38% of WTI, was the highest quarterly percentage realizations for NGLs in 2018. Lonestar's realized wellhead natural gas price was $3.72 per Mcf, reflecting a $0.08/Mcf discount to Henry Hub.
• Lonestar delivered a 10% reduction per Boe in cash operating costs (outlined below) in 4Q18. Total cash expenses, which includes the cash portions of lease operating, gathering, processing, transportation, production taxes, general and administrative, and interest expenses, for the three months ended December 31, 2018 were $25.1 million, which was 63% higher than cash expenses of $15.4 million in the three months ended December 31, 2017. However, on a unit-of-production basis, cash expenses decreased 10% from $20.70 per Boe in the three months ended December 31, 2018 to $23.01 per Boe in the three months ended December 31, 2017.
• Lease Operating Expenses ("LOE") for the three months ended December 31, 2018 were $7.3 million, which was 50% higher than LOE of $4.9 million in the three months ended December 31, 2017 but was outpaced by an 81% increase in production. On a unit-of-production basis, lease operating expenses decreased 17% to $6.01 per Boe for the three months ended December 31, 2018. For 2019, the Company expects LOE to average between $5.50 and $6.00 per Boe.
• Gathering, Processing & Transportation Expenses ("G, P&T") for the three months ended December 31, 2018 were $1.0 million, which was 113% higher than the G, P&T of $0.5 million in the three months ended December 31, 2017, commensurate with a 161% increase in gas production. On a unit-of-production basis, G, P&T increased 18% to $0.80 per Boe for the three months ended December 31, 2018. For 2019, the Company expects G, P&T expense to average between $1.00 and $1.25 per Boe.
• Production taxes for the three months ended December 31, 2018 were $2.9 million, which was 54% higher than production taxes of $1.9 million in the three months ended December 31, 2017, driven largely by an 84% increase in wellhead oil and gas revenues. On a unit-of-production basis, production taxes decreased 15% to $2.38 per Boe for the three months ended December 31, 2018.
• General & Administrative Expenses, excluding stock-based compensation of $0.6 million in the three months ended December 31, 2017 and ($1.7) million in the three months ended December 31, 2018 ("G&A"), increased from $3.2 million to $4.4 million, respectively. On a unit-of-production basis, G&A per Boe was reduced 25% year over year, from $4.79 per Boe in 2017 to $3.62 per Boe in 2018. For 2019, the Company expects G&A to average between $2.50 and $3.00 per Boe.
• Interest Expense excluding amortization of debt issuance cost, premiums, and discounts increased year over year from $5.3 million in the three months ended December 31, 2017 to $9.5 million in 2018. On a unit-of-production basis, interest per Boe decreased 1% year over year from $7.95 per Boe in 2017 to $7.89 per Boe in 2018. For 2019, the Company expects interest expense to average between $7.25 and $8.00 per Boe.
• In the fourth quarter of 2018, Lonestar expanded its Eagle Ford footprint with the Sooner Acquisition, expanding its operational footprint into DeWitt county. Additionally, the Company placed 4 gross / 3.3 net wells online, which included 2 gross / 1.9 net wells in Dimmit County and 2 / 1.4 net wells in Gonzales County. Lonestar expects to continue to grow production organically during 2019 while continuing to look for additional acquisition opportunities within the Eagle Ford. After negotiating updated contracts with its service providers, Lonestar's Board has approved a capital-flexible budget which ranges from 17 gross / 15.6 net wells, which it estimates will cost $107 million, to 20 gross / 18.6 net wells, which are budgeted to cost $130 million.

EAGLE FORD SHALE TREND- WESTERN REGION

In our Western Region, production for the fourth quarter of 2018 averaged approximately 6,825 Boe per day, a 141% increase over the prior year. In October 2018, the Company completed drilling operations on the Asherton #1HN and Asherton #3HN. Through their first 90 days of production, these wells have produced on average 50,000 barrels of oil and 112,550 Mcf of natural gas, or 75,800 barrels of oil equivalent on a three-stream basis, or an average of 843 Boe/d per well over the first 90 days of production.

During 2019 the Company plans to drill 7 gross / 6.9 net wells in its Western region. In La Salle County, the first three wells, the Burns Ranch #11H, Burns Ranch #12H, and Burns Ranch #13H, began flowback operations and are the only wells being brought onstream during the first quarter of 2019. These wells were drilled to average total measured depths of 15,020, 15,030, and 15,036 feet, respectively.  The Burns Ranch #11H, #12H, and #13H wells were fracture-stimulated in engineered completions using diverters with an average proppant concentration of 1,485 pounds per foot over 11 stages, 22 stages, and 22 stages, respectively.  Lonestar has a 96% WI and 72% NRI in these wells.

Our second set of wells in our Western Region, the Horned Frog NW #4H and Horned Frog NW #5H, finished drilling operations last week and were drilled to total measured depths of 19,716 and 19,672 feet, respectively. Fracture stimulation operations are to begin next week with average proppant concentrations of 2,000 pounds per foot. These wells should begin flowback operations in mid-late April. Lonestar has a 100% WI and 75% NRI in these wells.

EAGLE FORD SHALE TREND- CENTRAL REGION

In our Central Region, production for the fourth quarter of 2018 averaged approximately 5,991 Boe per day, a 56% increase over the prior year.  The continued growth of the region was driven by the drilling and completion 2 gross / 1.3 net wells in the Hawkeye area in addition to production acquired in our Sooner Acquisition.

The acquisition, which occurred in November 2018, is 95% operated, included approximately 3,071 gross acres (2,693 net acres) and approximately 800 BOE/d of production on the date of the acquisition. It provides the Company with 26 drilling locations and expands Lonestar's Eagle Ford footprint into its 11^th county, DeWitt. The Company plans to drill its first 3 gross / 3.0 net wells during the third quarter of 2019.

In December, the Company began flowback operations on the Hawkeye #24H and Hawkeye #25H. These wells were drilled to total measured depths of 20,050 and 19,665 feet, respectively. The Hawkeye #24H and #25H wells were fracture-stimulated in engineered completions using diverters with an average proppant concentration of 1,517 pounds per foot over 37 stages and 33 stages, respectively. The Hawkeye #24H was completed with a perforated interval of 10,407 feet and tested 937 Bbls/d of oil and 444 Mcf/d of natural gas, or 1,038 Boe/d (three-stream) on a 28/64'' choke. The Hawkeye #25H was completed with a perforated interval of 9,901 feet and tested 912 Bbls/d of oil and 385 Mcf/d of natural gas, or 1,000 Boe/d (three-stream) on a 26/64'' choke. Collectively, these wells have average Max-30 IP's of 764 Bbls/d oil and 397 Mcf/d of natural gas, or 855 Boe/d (three-stream) on a 32/64'' choke. Lonestar holds a 68% WI / 53% NRI in these wells.

During 2019 the Company plans to drill 12 gross / 11.2 net wells in its Central region. Lonestar is currently drilling its first set of wells in the region for 2019, the Georg #3H, Georg #4H, Georg #5H, and Georg #6H. These wells have planned total measured depths of approximately 16,400 feet and expected perforated intervals of 7,250 feet. Lonestar has an 80% WI / 61% NRI in these wells.

EAGLE FORD SHALE TREND- EASTERN REGION

In our Eastern Region, production for the fourth quarter of 2018 averaged approximately 336 Boe per day, a 43% decrease over the prior year. The Company did not complete any wells in this region in 2018.  Lonestar plans to return to Brazos during 2Q19 to drill a 1 gross / 0.5 net well. Lonestar will have a 50% WI / 39% NRI in this well.

CONFERENCE CALL DETAILS

Lonestar will host a live conference call on Friday, March 8, 2019 at 9:00 AM CDT to discuss the fourth quarter 2018 results and operational highlights.

To access the conference call, participants should dial:

USA: 877-256-6033
International: +1-303-223-2698
A playback of the conference call will be available on the Investor Relations section of Company's website beginning approximately March 11, 2019.

ABOUT LONESTAR RESOURCES US, INC.

Lonestar is an independent oil and natural gas company, focused on the development, production and acquisition of unconventional oil, NGLs and natural gas properties in the Eagle Ford Shale in Texas, where we accumulated approximately 78,193 gross (57,491 net) acres in what we believe to be the formation's crude oil and condensate windows, as of December 31, 2018. For more information, please visit www.lonestarresources.com.

Cautionary & Forward-Looking Statements

Lonestar Resources US Inc. cautions that this press release contains forward-looking statements, including, but not limited to; Lonestar's execution of its growth strategies; growth in Lonestar's leasehold, reserves and asset value; and Lonestar's ability to create shareholder value. These statements involve substantial known and unknown risks, uncertainties and other important factors that may cause our actual results, levels of activity, performance or achievements to be materially different from the information expressed or implied by these forward-looking statements. These risks and uncertainties include, but are not limited to, the following:  volatility of oil, natural gas and NGL prices, and potential write-down of the carrying values of crude oil and natural gas properties; inability to successfully replace proved producing reserves; substantial capital expenditures required for exploration, development and exploitation projects; potential liabilities resulting from operating hazards, natural disasters or other interruptions; risks related using the latest available horizontal drilling and completion techniques; uncertainties tied to lengthy period of development of identified drilling locations; unexpected delays and cost overrun related to the development of estimated proved undeveloped reserves; concentration risk related to properties, which are located primarily in the Eagle Ford Shale of South Texas; loss of lease on undeveloped leasehold acreage that may result from lack of development or commercialization; inaccuracies in assumptions made in estimating proved reserves; our limited control over activities in properties Lonestar does not operate; potential inconsistency between the present value of future net revenues from our proved reserves and the current market value of our estimated oil and natural gas reserves; risks related to derivative activities; losses resulting from title deficiencies; risks related to health, safety and environmental laws and regulations; additional regulation of hydraulic fracturing; reduced demand for crude oil, natural gas and NGLs resulting from conservation measures and technological advances; inability to acquire adequate supplies of water for our drilling operations or to dispose of or recycle the used water economically and in an environmentally safe manner; climate change laws and regulations restricting emissions of "greenhouse gases" that may increase operating costs and reduce demand for the crude oil and natural gas; fluctuations in the differential between benchmark prices of crude oil and natural gas and the reference or regional index price used to price actual crude oil and natural gas sales; and the other important factors discussed under the caption "Risk Factors" in our Annual Report on Form 10-K/A filed with the Securities and Exchange Commission, or the SEC, on November 2, 2018, as well as other documents that we may file from time to time with the SEC. We may not actually achieve the plans, intentions or expectations disclosed in our forward-looking statements, and you should not place undue reliance on our forward-looking statements. Actual results or events could differ materially from the plans, intentions and expectations disclosed in the forward-looking statements we make. The forward-looking statements in this press release represent our views as of the date of this press release. We anticipate that subsequent events and developments will cause our views to change. However, while we may elect to update these forward-looking statements at some point in the future, we have no current intention of doing so except to the extent required by applicable law. You should, therefore, not rely on these forward-looking statements as representing our views as of any date subsequent to the date of this press release.

(Financial Statements to Follow)