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Bullboard - Stock Discussion Forum Lonestar Res Ltd New LNREF

Energy Oil & Gas E&P
"Lonestar Resources Ltd is an energy company focusing on acquisition and development of existing onshore oil and gas fields through exploration activity. The company holds a portfolio of twelve projects located in Texas, Louisiana, and Oklahoma, USA."

OTCPK:LNREF - Post Discussion

Lonestar Res Ltd New > Finally the long overdue snap back
View:
Post by MDICKIRS on Dec 03, 2014 9:54am

Finally the long overdue snap back

Ausssie up over 57% last night hit .30 at one point. Should go to .22 here today. Finally shorty let us up off the mat.
Comment by jerrybe on Dec 04, 2014 1:33pm
Nice action in AUS but went right back down. So frustrating. It is torture to look at it. LNREF has been slaughtered...like so many others. If the Saudis really go at it, this could get ugly. I still believe LNREF is in very good shape to withstand these difficult times. Debt is quite high but covenants are low and maturity is 4 years. Revolver just got increased to $150M. Management will be ...more  
Lonestar Res Ltd New
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