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8 个月前
BRIEF-Lonestar Resources U.S. Inc receives notification of scheduled fall redetermination of borrowing base
2016年11月30日 / 下午2点32分 / 8 个月前

BRIEF-Lonestar Resources U.S. Inc receives notification of scheduled fall redetermination of borrowing base

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Nov 30 (Reuters) - Lonestar Resources U.S. Inc :

* Lonestar Resources U.S. Inc receives notification of scheduled fall redetermination of borrowing base

* Lonestar Resources -received notification that borrowing base under its revolving credit facility was reduced from $120.0 million to $112.0 million

* Lonestar Resources U.S. Inc - company's next borrowing base redetermination is scheduled for May 1, 2017

* Lonestar Resources U.S. - at Sept 30, 2016, and prior to sale of conventional assets, lonestar had $94.5 million outstanding on revolving credit facility

* Redeterminations are now scheduled semi-annually to occur on May 1 and Nov 1 of each year

* Lonestar Resources U.S. - at last redetermination, conventional assets contributed estimated $11 million to borrowing base Source text for Eikon: Further company coverage:

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