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A&D - Lonestar divests Eagle Ford Pirate acreage for $12MM - March 2019



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Eagle Ford pure-play Lonestar Resources struck a $12.3 million deal to sell its Pirate leasehold in Wilson County, Texas. The assets cover 3,400 net undeveloped acres, which held seven PUD Eagle Ford locations as of Dec. 31. Average sales volume during February was 219 boe/d (90% oil). The divestment is expected to close by the end of March.As of Feb. 26, Lonestar held ~57,000 net acres in the oil window of the Eagle Ford......
 
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