Lonestar Resources US, Inc. Announces Significant Reduction In Long-Term Debt

FORT WORTH, Texas, Jan. 3, 2017

On December 30, 2016, Lonestar applied a portion of the proceeds of its recent $79.4 million equity offering to repurchase $21.0 million of its 12% second lien senior notes at a price of 101% of par, while also repaying $49.0 million of its Revolving Credit Facility, and retiring the $2.1 million Seaport Repurchase Facility.

Lonestar's Chief Executive Officer, Frank D. Bracken, III, commented, "The recent repurchase of the majority of our 12% second lien notes at an attractive price capped off a series of highly successful transactions that have reduced Lonestar's long-term debt by a total of $107.2 million since June 30, 2016.  The significant improvement in the balance sheet repositions the Company to accelerate the development of its inventory of extended reach laterals in the Eagle Ford Shale to deliver strong production growth while also positioning Lonestar to pursue additional asset opportunities."

Table 1: Lonestar Resources US, Inc. Long-Term Debt
	As of
Long-Term Debt	June 30, 2016 ARIVA.DE Börsen-Geflüster Kurse Lonestar Resources US -   0,00%	September 30, 2016	December 31, 2016
Revolving Credit Facility	$99.5	$94.5	$43.5
Second Lien Senior Notes	$0.0	$38.0	$17.0
8 3/4% Unsecured Notes	$220.0	$151.8	$151.8
Seaport Repurchase Facility	$0.0	$2.1	$0.0
Long-Term Debt	$319.5	$286.4	$212.3

Cautionary & Forward Looking Statements

Lonestar Resources US, Inc. cautions that this press release contains forward-looking statements, including, but not limited to, statements about the new chairman's expertise, ability and anticipated contributions to Lonestar; Lonestar's execution of its growth strategies; growth in Lonestar's leasehold, reserves and asset value; and Lonestar's ability to create shareholder value. These statements involve substantial known and unknown risks, uncertainties and other important factors that may cause our actual results, levels of activity, performance or achievements to be materially different from the information expressed or implied by these forward-looking statements. These risks and uncertainties include, but are not limited to, the following:  volatility of oil, natural gas and NGL prices, and potential write-down of the carrying values of crude oil and natural gas properties; inability to successfully replace proved producing reserves; substantial capital expenditures required for exploration, development and exploitation projects; potential liabilities resulting from operating hazards, natural disasters or other interruptions; risks related using the latest available horizontal drilling and completion techniques; uncertainties tied to lengthy period of development of identified drilling locations; unexpected delays and cost overrun related to the development of estimated proved undeveloped reserves; concentration risk related to properties, which are located primarily in the Eagle Ford Shale of South Texas; loss of lease on undeveloped leasehold acreage that may result from lack of development or commercialization; inaccuracies in assumptions made in estimating proved reserves; our limited control over activities in properties Lonestar does not operate; potential inconsistency between the present value of future net revenues from our proved reserves and the current market value of our estimated oil and natural gas reserves; risks related to derivative activities; losses resulting from title deficiencies; risks related to health, safety and environmental laws and regulations; additional regulation of hydraulic fracturing; reduced demand for crude oil, natural gas and NGLs resulting from conservation measures and technological advances; inability to acquire adequate supplies of water for our drilling operations or to dispose of or recycle the used water economically and in an environmentally safe manner; climate change laws and regulations restricting emissions of "greenhouse gases" that may increase operating costs and reduce demand for the crude oil and natural gas; fluctuations in the differential between benchmark prices of crude oil and natural gas and the reference or regional index price used to price actual crude oil and natural gas sales; and the other important factors discussed under the caption "Risk Factors" in our Registration Statement on Form 10, as amended and filed with the Securities and Exchange Commission, or the SEC, on June 9, 2016, our Quarterly Reports on Form 10-Q filed with the SEC, as well as other documents that we may file from time to time with the SEC. We may not actually achieve the plans, intentions or expectations disclosed in our forward-looking statements, and you should not place undue reliance on our forward-looking statements. Actual results or events could differ materially from the plans, intentions and expectations disclosed in the forward-looking statements we make. The forward-looking statements in this presentation represent our views as of the date of this presentation. We anticipate that subsequent events and developments will cause our views to change. However, while we may elect to update these forward-looking statements at some point in the future, we have no current intention of doing so except to the extent required by applicable law. You should, therefore, not rely on these forward-looking statements as representing our views as of any date subsequent to the date of this presentation.

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SOURCE Lonestar Resources US, Inc.