Solidly positioned for continued growth with one of the highest reserve replacement ratios among its peers at low cost
Leveraging a Core Strategy of Growth
Headquartered in Fort Worth, Texas, Lonestar's focus is on the volatile crude oil window of the Eagle Ford Shale, where we anticipate spending almost all of our capital for the next several years. We “went public” through our merger with Amadeus Energy, Ltd. on January 2, 2013 to better position the Company to pursue its core strategy of growing its leasehold position (currently in excess of 58,000 net acres), production, cash flow and reserve base in one of the most active onshore basins in the U.S.
Lonestar is managed from the Company’s headquarters in Fort Worth, Texas by a seasoned group of oil and gas professionals with extensive experience, 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.