Lonestar Resources Provides Production Guidance for the Fourth Quarter of 2017
March 23, 2017 at 05:00 pm EDT
Lonestar Resources provided production guidance for the fourth quarter of 2017. For the quarter, the company forecast that production represent a 65% to 85% increase over fourth quarter of 2016 results, which sets up for a very, very big 2018. The company anticipates increasing production sequentially in each quarter for 2017 by drilling extended reach laterals in the company's inventory.