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."

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OTCPK:LNREF - Post Discussion

Lonestar Res Ltd New > Added more today...

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Post by jerrybe on Sep 16, 2015 5:23pm

Added more today...

My understanding from the Texas RRC website is that LNREF posted the test rates of their latest results yesterday and they were above type curve.

I cannot understand why it did not jump today with all the others....my only explanation is the complete lack of liquidity and interest in this company. Buy now before a full listing in the US.

GLTA!

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Comment by ruben12345 on Sep 25, 2015 2:10am

Lonestar lost 16% on ASX today

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Comment by jerrybe on Sep 28, 2015 3:53pm

There is even less volume on the ASX on many days. Be careful of big swings on that exchange, it could represent multi-day move equivalents on the US exchange. But yes, the stock is down. I almost bought more now but as we are two days away from the Peters conference, I feel I want to hear an update before loading up more. I am knee deep already! Now, US market cap is $60M....the lowest in years ...more

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Lonestar Res Ltd New