Lonestar Resources is adding to its Eagle Ford position through the acquisition of assets in Karnes and Gonzales Cos. from Lime Rock Partners-backed Battlecat Oil & Gas and Fayette, Lavaca and Gonzales Cos. from Sanchez Energy. The properties encompass 21,238 net acres (30,219 gross 94% HBP), where Q1 production averaged 2,052 boe/d (75% oil, 14% NGLs). Lonestar’s corporate net oil and gas production will increase by 39% to 7,318 boe/d, net leasehold by 59%......
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