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OPERATIONS

Lonestar to weather storm

US-FOCUSED junior Lonestar Resources appears well positioned to weather the depressed oil market, with this week's promising results from its first three wells farm-in area in Texas' Eagle Ford pointing to further solid returns to protect it from the price onslaught that has already killed off LNG projects.

Anthony Barich

Lonestar reported very strong results from its first wells in the southern Gonzales County. Targeting an exit rate of 6500-7000 barrels of oil per day, Lonestar reported an average December rate of...

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