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BRIEF-Lonestar Resources announces year ended 2016 results

March 23 Lonestar Resources US Inc -

* Lonestar Resources announces year ended 2016 results and provides operational update

* Lonestar reported net oil and gas production of 4,560 boe/d during three months ended December 31, 2016

* Anticipate increasing production sequentially in each quarter of 2017 by drilling extended reach laterals on our existing leasehold

* Qtrly oil sales $10.55 million versus $14.33 million

* Production has regained upward momentum, with estimated March 2017 production averaging 5,500 boe per day

* Qtrly total revenues $13.435 million versus $17.453 million Source text for Eikon: Further company coverage:

我们的标准: 汤森路透“信任原则

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