Lonestar Resources US Inc.


Lonestar Resources US Inc. announced an increase in its borrowing base and the addition of crude oil and natural gas hedges for 2020 and 2021.

Citibank NA, as agent for Lonestar's senior secured credit facility, informed the company that the bank group has approved an increase in the borrowing base from $275 million to $290 million.  At March 31, 2019, Lonestar had $194 million drawn on the Facility.

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