Lonestar Resources, Ltd. Borrowing Base is Reaffirmed at $180 Million

13 Nov, 2015, 12:46 ET from Lonestar Resources, Ltd.

FORT WORTH, Texas, Nov. 13, 2015 /PRNewswire/ -- Lonestar Resources, Ltd. (ASX: LNR, OTCQX: LNREF) is pleased to announce that pursuant to the terms of the Company's Senior Secured Credit Facility, which is redetermined semiannually, the Company's Borrowing Base has been reaffirmed at $180 million.  As of September 30th, 2015, the company had $79 million outstanding on the facility, leaving $101 million undrawn and available.

 

SOURCE Lonestar Resources, Ltd.



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