Lonestar Resources US Inc. Reports Unaudited Production Results for the Third Quarter and Nine Months Ended September 30, 2020
November 19, 2020 at 04:46 pm EST
Lonestar Resources US Inc. reported unaudited production results for the third quarter and nine months ended September 30, 2020. For the quarter, the company reported an 8% increase in net oil and gas production to 14,419 BOE/d during the three months ended September 30, 2020. 3Q20 production volumes consisted of 7,190 barrels of oil per day (50%), 3,325 barrels of NGLs per day (23%), and 23,424 Mcf of natural gas per day (27%). This increase was attributable to Second Quarter shut-ins and the Hawkeye 14H-16H coming online.
For the nine months, the company reported total barrels of oil equivalent of 14,066 BOE/d compared to 14,391 BOE/d a year ago.