Lonestar Resources US Inc. reported production results for the third quarter and nine months ended September 30, 2019. For the quarter, the company reported total barrels of oil equivalent production of 18,097 (BOE/d) compared to 12,471 (BOE/d) reported in the same period last year.

For the nine months, the company reported total barrels of oil equivalent production of 14,391 (BOE/d) compared to 10,482 (BOE/d) reported in the same period last year.
The company increased its 2019 full-year production forecast from 13,700-14,700 BOE/d to current guidance of 14,800-15,000 BOE/d. With newly issued production guidance of 17,200-17,600 BOE/d for the fourth quarter of 2019, Lonestar is poised to exceed the upper end of its already-increased full-year guidance.

The results help ensure that the full-year results will exceed already-increased guidance of 14,800-15,000 Boe/d for the year, which represents an increase in production of approximately 35% over 2018 levels.