Lonestar Resources Ltd. (fka LONE)

[shavitmi]

Lonestar Resources Ltd at Johnson Rice Energy Conference - 1:30AM GMT+10 OCTOBER 2

[shavitmi]

australian stock down 1.3% i guess small stock like lnr.ax hit hard because of that

[shavitmi]

i can not send private messages, the cowen&co report should be read by every oil&gas investor tht look for small undervalue company

[jugs]

You are right, of course. I do a bit of campaigning daily. There are more eyes on this board than one might think. Not all feel a need to write but they are watching. I know this for I'm in contact with some.

Still, each of us can hope to recruit others as the board becomes stronger with differing views and opinions.

[shavitmi]

wake up board, we need to bring more people here and investors to the stock and not because we want to "PUMP" because we truly believe in the real value here.

[dlongava]

Here also! Too bad about crude price falling, but Lonestar really looks good for the L-T. Buy this dip! Also, don't know if you know about http://www.topstocks.com.au// They have a board on LNR as well. Some interesting comments.

[shavitmi]

jugs
i think its only me and you here

[jugs]

Your due diligence is appreciated by us all, I'm sure.

Thank you!

[shavitmi]

COWEN&CO initiated an Outperform rating and $0.65 price target.
http://static.squarespace.com/static/53552f31e4b09050c80f5f0c/t/54185726e4b01d2bfeb28de3/1410881318325/Cowen%20and%20Co.%20Initiation%20September%2010,%202014.pdf

[shavitmi]

OIL FINALLY UP
lets take it back to the 50-60 until next level

[Jacque_Strap]

Added more @.37......

[shavitmi]

Trading now at half its pv10 valuation
Unbelivable!!@

[tw0122]

We 're at .41 now and headed to .38. Didn't see it going back that low but crude oil price down every day

[shavitmi]

going down again...when this baby will be discovered???

[shavitmi]

the ASX message board for lonestar
http://www.topstocks.com.au/stock_discussion_forum.php?action=searchgo&rol=&searchfor=lnr&searchtype=ticker

nees short registration

[jugs]

It will probably show up at SA. My week is terribly difficult but I'm hoping someone else can find it ad post the link.

I'm glad you brought it up as it may well shine some much-needed light on progress.

[shavitmi]

any one have the audio presentation from the RIU conference?

[shavitmi]

they had a presentation in australia yesturdy
probebly thats the reason for the jump

[jugs]

Yep! Today's volume stands at 6.37 times the ten day average. That's pretty impressive, don't you think?

Sometimes stocks experience severe stomping for various reasons ranging from misperceptions about internal corporate noise to credit insufficiencies to market imbalances especially in the commodities arena and, of course, the ever-present hand-wringing brought on by global terrors of one sort or another. We're talking about "compression."

It's quite obvious that Lonestar has been stomped on and then some. Were it not for this day's ridiculously convincing uptrend in volume, I think most of us would be writing today's trading off as an anomaly and maybe even a dead cat bounce if you're a pessimist through and through.

As shavitmi predicts, something will be revealed. The severity of today's trading tells me the next day or two will reveal all. One thing is for sure: We shareholders will be beneficiaries.

Tomorrow I'm hoping to see volume rise above 3,000,000 shares.

[shavitmi]

more then 1 m shares were traded,looks like something good is happening

[shavitmi]

the conference is on the 9th

[jugs]

The event is slated to begin a couple of days from now, isn't that the case?

[shavitmi]

New presentation
at Vertical Events RIU Good Oil Conference - 4:30AM EDT - 

[jugs]

True enough--but only to a point. A trader will be gun shy, knowing that a hedged commodity doesn't always mean shares will remain propped up. There's a practical side to this so I agree with you in that regard. But traders feed & breed on momentum. For that to exist we must have shareprice swings. Those will be based not on marketing logic, oftentimes, but on perceived emotional outpourings. This may include irrational behaviors, temporary swings in commodity pricing due to global tensions and/or threats to supply, and political chaos.

Over the longer haul, I'm with you but I feel it necessary to take steps to forewarn others of different endings to the same tale. Something I learned after a divorce:

Trying to deal with an irrational person isn't rational.

Similarly, applying logic to a publicly tradable entity is often going to be revealed as illogical if it's driven by emotion whether it be greed, fear, passion or a host of other possibilities. Occasionally I find I have to question my own thinking and that has me wondering if I'm not part of the problem, myself. lol

Yet second-thinking can be a good thing when it brings us to rescind that foolish buy or repurchase a stock we sold without thinking straight.

Keep on keeping on---your logic is perfect.

[Black desert]

I added more shares today !
Excellent price & company has 80% of its production through 2016 hedged !!!
So no worries with drop in oil price.

Cheers

[jugs]

It's doing what stocks are supposed to do. Assuming it makes it back to 42, I'd expect it to start a reverse bias and gather momentum in time to be meaningful in the approaching winter portion of the seasonal cycle. When I see conviction in this, I'll double down, bringing my new total to 40,000 shares. After all, I had a hefty gain, one I'd expect to duplicate later.

[tw0122]

Getting close to 42 cents

[shavitmi]

added more

[jugs]

Following is an important link for Lonestar investors:

http://www.asx.com.au/asx/research/companyInfo.do?by=asxCode&asxCode=LNR


This link will bring you to the sort of company-specific information we find easily here in America.

[jugs]

Following is an important link for Lonestar investors:

http://www.asx.com.au/asx/research/companyInfo.do?by=asxCode&asxCode=LNR


This link will bring you to the sort of company-specific information we find easily here in America.

[shavitmi]

PV10 is around 800m$$$ listen to the presentation:
http://www.oilandgas360.com/togc-webcast/lnref/

[tw0122]

42 cents next stop.then will add some

[shavitmi]

http://www.enercominc.com/the-oil-and-gas-conference/presenting-companies/

lonestar to present!!

[shavitmi]

time for it to go up,nice land was acquired(HK had woderful results there)

[simmons2982]

thanks, I'm glad I'm aboard! I'm in Austin...hoping this stock does well, so I can afford to keep living here (house prices are insane out here!)

[jugs]

From one Texan to another (Weslaco, on the border near McAllen), procrastination is not nearly as expensive as exclusion.

Glad to see you coming on board! This is an exciting play I'm thinking is going to make some serious waves in the coming year.

[simmons2982]

a friend of mine's mom works for an investment group here in Texas, told me about this one when it was in the .20s...i was on the sideline watching as there wasn't much going on when she told me about it...months later I'm regretting it. Procrastination is expensive!

[jugs]

You're smart to do that, imo. Also---let me add that I made three or four purchases of 5,000 shares each. Had I been more sure of myself, I'd have saved the $15 hit on repeated buys had I simply gone after all 20,000 shares I'm holding. Take the time you need to reflect your desired position size. I didn't do it and paid more than necessary. lol

Good luck to you!

[simmons2982]

thanks, yeah I use schwab, it'll cost $50 + 8.95 to make a trade. will be opening ameritrade soon

[jugs]

Ameritrade charges me $15. Their usual commission runs around $10 but a couple of years ago I managed to talk them down to $6. I tried to get them to handle my LNREF buys without the surcharge but as it turns out, the charge doesn't come from them. Rather, it's levied by the transfer agent who sees to it that the transactions are executed. In short, we pay it to be in the game.

Other brokerages will do the trades. Schwab wouldn't do it for my friend. I know Fidelity will but I don't know the pricing structure involved.

Ameritrade has been great otherwise, no hidden surcharges---even when I buy millions of sub-pennies.

[simmons2982]

anyone know where i can trade this stock without paying a $50 international trade fee?

[jugs]

Yes, it was expected. However, if you study the presentation you'll see that 2015 is expected to demonstrate that the company's capex will be funded by cash flow coming from operations and not the sale of (dilutive) equity. This is spectacular progress for a relatively new company, imo.

[4TRESS]

).
Second Quarter Highlights
• Lonestar reported a 34% increase in oil and gas production to 3,613 BOEPD (net of
royalties) in 2Q14, vs. 2,691 BOEPD in 2Q13, 83% of which was crude oil and NGL’s.
• Net Revenues From Ordinary Activities increased 39% to US$24.7 million for 2Q14, vs.
2Q13 revenues of $17. 8 million.
• EBITDAX increased 46% to $16.7 million for 2Q14 vs. $11.5 million for 2Q13.
• Net Loss was $7.0 million for 2Q14 vs. net income of $14.6 million reported for 2Q13.
Included in this net loss was a total of $7.6 million of charges relates to unrealized, markG
toGmarket hedging losses, nonGrecurring P&A expense and stock based compensation.
• Lonestar spent $28.4 million to drill and complete 5 Eagle Ford Shale wells during the
quarter. Flowback on each of the 3 Beall Ranch wells commenced in late June, providing
minimal impact on the 2Q14 results. Flowback on the each of the 2 Pirate wells
commenced mid July, providing no impact to 2Q14.
• Oil & gas sales in the third quarter of 2014 are expected to benefit incrementally from 2
recent completions at Pirate and 3 recent completions at Beall Ranch. Lonestar’s current
production is averaging 5,005 BOEPD. Lonestar also expects contribution from its first 2
wells in Brazos County, which it has recently cased and expects to frac in August.
• 2Q14 also saw Lonestar make material progress in its corporate objectives:
• Lonestar acquired or reached agreement to acquire an additional 3,138 gross / 2,418 net
acres in its core areas of the Eagle Ford Shale, increasing our Eagle Ford position to
25,497 net acres. Total costs associated with the acquisitions is $7.0 million, or $2,887
per net acre. Lonestar is also in final negotiations on an additional 5,000 net acres
which hold an estimated 39 gross / 34 net drilling locations.
• Based on current rates of production and its current capital plans, Lonestar sees a 2014
exit rate of 6,500 to 7,000 BOEPD, and reiterates its 2014 EBITDAX guidance of $105 to
$125 million.
• Lonestar’s current drilling budget of $135 million in 2015 is expected to increase 2015
production by 30G50% and 2015 EBITDAX by 40G60%, compared to 2014 at current prices.
For persona

[4TRESS]

conference call presentation,

http://www.asx.com.au/asxpdf/20140801/pdf/42r6qwpdly96s4.pdf

8/1/14

hey we are all new basically looks like they used the 7mm
to aquire more Eagle Ford acreage. looking good if u see it all.

cheers

[wiman]

new to this stock. was the 7mil loss expected??

[4TRESS]

Quarterly results out on website

[4TRESS]

quater results today after close link..

http://www.asx.com.au/asxpdf/20140730/pdf/42r3tyzgcjzsgn.pdf

[Ron22]

Since I have been following I find the spread is usually between 2-3cents. So today, LNREF lagged behind its counterpart.

[tw0122]

.56 cent should be close today if similar to australian market at .57

94 australian cents = 100 u.s cents

[danimac]

Thanks 4TRESS