Lonestar Res Ltd New LNREF

RE:RE:This stock is seeing very little love

[jerrybe]

Thanks for the update. I did not listent to the call yet.

If they can pick up some acreage on the cheap like they did with farm-in deals from small private/public producers, they will do well.

I wondered what is their view with regards to their comments from Einhorn. I was trying to replicate the computations he performed for PXD and it seems Lonestar is actually more nimble here.

I still believe the current weakness is a buying opportunity.

Prices are simply too low for most producers to make money, just look at the rig count still dropping....production curtailments will follow only with a lag as producers drill their most productive acreage and have an onslaught of wells coming online...but by the year end, prices will reflect the drop in supply. I am worried about Iran getting back in full production mode...why on earth are we lifting the sanctions against this country and not against its own US producers (export ban)?!? This is just completely nuts to me. Tells you just how "captured" politicians in DC are. Refiners must have some very good lobbyists out there!

Will add more on any weakness...GLTA!