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EXPLORATION

Lonestar increases EFS footprint

EAGLE Ford Shale oil producer Lonestar Resources has taken advantage of the fall in leasing costs to secure a further 6122 acres (gross) in Texas, adding net 2P reserves potential of 10.8 million barrels of oil equivalent.

Haydn Black
Lonestar increases EFS footprint

Lonestar has added 1225 net acres in the Greater Burns Ranch area of northern La Salle County, its third bolt‐on deal closed since Lonestar established a footprint on the Burns Ranch when it acquired...

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