Lonestar Resources announces 30-day production rate of 2,123 boed at Eagle Ford well

FORT WORTH -- Lonestar Resources U.S. Inc. (together with its subsidiaries, "Lonestar") provided an update on its Wildcat B #1H well located in Brazos County, Texas. The well was drilled and completed to a total measured depth of 19,800 ft (approximately 11,000 ft TVD). Lonestar owns a 50% working interest in the Wildcat B1H well. The well was fracture stimulated with a total of 16.6 million pounds of proppant over a perforated interval of 8,166 ft (2,028 lb/ft) in 41 stages. Previously, Lonestar announced initial test rates of 1,475 boed. The Wildcat B1H has now been on production for 40 days.

Today, the Company announced that the Wildcat B1H well has established a 30-day production rate of 2,123 boed, consisting of 890 bopd (42%), 764 bbl of natural gas liquids (36%) and 2,815 Mcfgd (22%). These rates were achieved on a 20/64-in. choke. Lonestar has leases covering 9,555 gross / 6,420 net acres in the Wildcat area, which holds 46 drilling locations, based on 800-ft spacing. At year-end 2016, Lonestar had not recorded any proved reserves to this area.