Lonestar Resources US (OTCMKTS: LNREF) is an independent energy company focused on the exploration, development and production of crude oil, natural gas liquids (NGLs) and natural gas in the United States. The company’s core operations are concentrated in the Permian Basin of West Texas, where it holds a diversified portfolio of acreage across the Midland Basin, Delaware Basin and Central Basin Platform. Leveraging modern drilling and completion techniques, Lonestar seeks to optimize resource recovery and deliver consistent production growth while maintaining strict capital discipline.
Lonestar’s upstream activities encompass all phases of the drilling cycle, including geological evaluation, well planning, pad drilling and multi-stage hydraulic fracturing. Its asset base is characterized by high-quality reservoir targets such as the Wolfcamp and Spraberry formations, with opportunities to expand into deeper benches over time. By operating a mix of operated and non-operated drilling programs, the company aims to balance operational control with flexible risk sharing through joint ventures and third-party partnerships.
Founded in 2018, Lonestar Resources US was established through the consolidation of strategic Permian Basin assets, enabling a focused approach to resource development in one of North America’s most prolific oil and gas regions. Headquartered in Houston, Texas, the company has built a reputation for disciplined capital allocation, leveraging capital markets and private equity backing to fund drilling programs and acreage acquisitions. Over its history, Lonestar has emphasized operational efficiency, well cost reduction and the application of best-in-class technical practices to enhance its competitive position.
Under the leadership of President and Chief Executive Officer Darren Ness, Lonestar Resources US is supported by a management team with decades of upstream experience. The company’s board and executive officers bring expertise in reservoir engineering, finance and capital markets, ensuring that strategic decisions align with shareholder interests and long-term value creation. Committed to responsible resource development, Lonestar adheres to rigorous health, safety and environmental standards while pursuing opportunities to enhance the sustainability of its operations.
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