Lonestar Resources Ltd. says that its proved reserves as of December 31, 2015 were 40.2 million barrels of oil equivalent (MMBOE), an increase of 30% over year end 2014 proved reserves of 31.0 MMBOE.

Lonestar's proved reserves as of December 31, 2015 are comprised of 23.5 million barrels of crude oil and condensate, 7.2 million barrels of natural gas liquids, and 57.0 billion cubic feet of natural gas.

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