LONE - NetworkNewsBreaks - Lonestar Resources US Inc. (NASDAQ: LONE) Featured in ROTH Equity Research Report
Lonestar Resources US Inc. (NASDAQ: LONE) was featured in a recent equity research report published by ROTH Capital Partners LLC. The report reads, “LONE recently announced an Eagle Ford Shale joint development agreement. The JDA allows for the two companies to consolidate their acreage positions into a single development plan which should: 1) maximize lateral lengths, 2) optimize economic returns, and 3) efficiently HBP the combined leasehold with the fewest number of wells. Further, the JDA will allow LONE to increase its inventory of gross drilling locations by roughly 50% in the Hawkeye area to a total of 32 while delivering average lateral lengths of over 9,500', with many locations exceeding 12,000'.”
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About Lonestar Resources US Inc.
Lonestar is an independent energy company, focused on the development, production and acquisition of unconventional oil, natural gas liquids and natural gas properties in the Eagle Ford Shale in Texas.
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