Lonestar Resources is focused on delivering high returns to its shareholders through the acquisition, development and production of unconventional oil and gas resources.
Lonestar currently operates all of its unconventional leasehold, which totals over 62,000 net acres in the Eagle Ford Shale and Bakken Shale plays.
Lonestar “went public” through its merger with Amadeus Energy, Ltd. on January 2, 2013 to better position the Company to pursue its core strategy of growing its net acreage position, production, cash flow and reserve base in the volatile oil window of the Eagle Ford Shale play in south Texas.
The Company is managed by a seasoned group of oil and gas professionals from the Company’s headquarters in Fort Worth, Texas who have collective experience exceeding 250 years, much of which has been at prominent, successful public companies in the U.S.
Lonestar and its Board of Directors are committed to delivering aggressive growth in shareholder value, while prudently managing the Company’s finances and conducting its operations in a safe and environmentally sensitive manner.