LNR - Lonestar Resources

Lonestar Resources Limited (LNR) was formerly known as Amadeus Energy Limited (AMU).

Previous discussion of this company can be found in the AMU thread: https://www.aussiestockforums.com/forums/showthread.php?t=1958

LNR - LONESTAR rises after the upgrade to OTCQX

LNR rose 11% in the US and 12% on Sydney after it began trading on OTCQX two days ago.
Or is it something brewing for this cheap energy stock?

Re: LNR - LONESTAR rises after the upgrade to OTCQX

tradernor said:

LNR rose 11% in the US and 12% on Sydney after it began trading on OTCQX two days ago.
Or is it something brewing for this cheap energy stock?

Click to expand...

It seem to me that Aussie oil and gas exploration companies that are active in the USA benefit from being listed on US or Canadian exchanges as it gives them far more exposure. A point in case is Aurora Oil & Gas. Its only asset was leases in the Eagle Ford Shale area. It was listed on the ASX and the Toronto Exchange. It was recently taken over by Baytex a Canadian company who paid a substantial premium for it.

All IMHO and DYOR.
I hold

Re: LNR - LONESTAR rises after the upgrade to OTCQX

tradernor said:

LNR rose 11% in the US and 12% on Sydney after it began trading on OTCQX two days ago.
Or is it something brewing for this cheap energy stock?

Click to expand...

WelI, I believe they will upgrade to Nasdaq or NYSE because their lender (Wells Fargo) is also American.

Re: LNR - Lonestar Resources, a takeover target?

Oil and gas sector now in play for mergers

Richard Hemming

The Australian

June 07, 2014 12:00AM


SMALL listed oil and gas companies look to be increasingly on the auction block as bigger predators eye takeover opportunities to boost production growth given higher operating costs, a relatively high oil price and increasing domestic gas prices.

This was certainly the case for Karoon Gas Australia, whose shares spiked 46 per cent from $2.54 where it was in late April prior to its suspension of trading due to funding uncertainty. It got to as high as $3.72 this week after Origin Energy lifted the previously cash-strapped oil and gas minnow out of the grave.

Origin is on the hook to buy Karoon’s 40 per cent interest in two exploration permits for potentially large offshore gas fields in Western Australia’s Browse Basin. The deal delivers Karoon $US600 million ($647m) upfront and payments of up to $US200m if things go well for Origin.

The transaction follows other merger and acquisition activity in the sector, including the Horizon Oil (HZN) and Roc Oil (ROC) merger, the all scrip takeover by Drill Search for Ambassador Oil and Gas (AQO) and the $1.84 billion takeover of US-based oil producer Aurora Oil and Gas by Canada’s Baytex Energy.

Canaccord Genuity’s oil and gas analyst Johan Hedstrom explains why there is more M&A activity in the sector in comparison to others. He said:

“There is more takeover activity in oil and gas because the share prices have fallen, yet the oil price is $US100 plus and gas prices in Australia are rising. This is unlike other commodities like iron ore, copper and gold, which have been under sustained pressure.”

Hedstrom predicts that there will be more activity in the sector as big companies go looking for cheap assets, and small companies look for scale:

“There is going to be speculation about more activity because so many companies’ prices have become irrelevant for investors. Mergers produce scale which will attract institutions.”

Hedstrom says that candidates on the takeover front include Beach Energy (BPT), Drillsearch Energy (DLS) and Senex Energy (SXY) because of their shale gas enterprises in the Cooper Basin.

At the smaller end he includes Cooper Energy (COE) as well as Sundance Energy (SEA) and Lonestar Resources (LNR). He also singles out Karoon (KAR). “This is a huge deal for the company and means it can develop its assets in Peru and Bazil.”

LNR - LONESTAR and SeekingAlpha Bullish Article Today

The best financial publication in the US, SeekingAlpha, launched a very bullish article today about Lonestar Resources.

The author, "Value Digger", who has a proven track record (his previous call yielded 120% in 3 weeks), explains why LNR is grossly undervalued at $0.35 (US listing).

The article is below:

http://seekingalpha.com/article/225...-getting-ready-to-rock-in-the-lone-star-state

Re: LNR - LONESTAR rises after the upgrade to OTCQX

raimop said:

It seem to me that Aussie oil and gas exploration companies that are active in the USA benefit from being listed on US or Canadian exchanges as it gives them far more exposure. A point in case is Aurora Oil & Gas. Its only asset was leases in the Eagle Ford Shale area. It was listed on the ASX and the Toronto Exchange. It was recently taken over by Baytex a Canadian company who paid a substantial premium for it.

All IMHO and DYOR.
I hold

Click to expand...

Agree, it helps a lot. The only difference here is that LNR is the operator of its properties while Aurora was not the operator. Marathon was the operator for Aurora's assets in the Eagle Ford.

Hi all - I'm new to Lonestar, which looks like an exciting play, but not to other companies in Eagle Ford and the surrounding area.

I just read this and found it very interesting: http://www.naturalgasintel.com/articles/98627-eagle-ford-to-rival-north-slope-output-at-its-peak-says-wood-mackenzie

Regards,

Sharecropper.

Re: LNR - LONESTAR and SeekingAlpha Bullish Article Today

tradernor said:

The best financial publication in the US, SeekingAlpha, launched a very bullish article today about Lonestar Resources.

The author, "Value Digger", who has a proven track record (his previous call yielded 120% in 3 weeks), explains why LNR is grossly undervalued at $0.35 (US listing).

The article is below:

http://seekingalpha.com/article/225...-getting-ready-to-rock-in-the-lone-star-state

Click to expand...

Hi TRADERNOR,
thanks for posting the article. It hasn't gone unnoticed with LNR up 8.5 cents today

Hey raimop, check out another analysis from SEEKING ALPHA again that compares Lonestar to its neighbors at the Eagle Ford shale:


http://seekingalpha.com/article/226...igh-key-multiples-continue-going-hand-in-hand


This excellent write up is also posted today at Yahoo finance/headlines/HK ticker or GDP or CWEI or CRZO.

All these four companies drill where Lonestar drills.

Forget GDP, it disappeared from GDP's Yahoo headlines, but it remains at HK, CRZO, CWEI.
Yahoo's technical glitches bother me.

This time another author from SeekingAlpha posts another bullish article about LONESTAR. The link is below and the article is also posted at Torchlight Resources (TRCH) headlines at Yahoo Finance.



http://seekingalpha.com/article/227...compared-to-other-small-growing-oil-companies



Hopefully, the Australians will see where LNR's peers currently trade, and they will realize finally that LNR is a strong buy at $0.4 or A$0.43 per share.

tradernor said:

Hopefully, the Australians will see where LNR's peers currently trade, and they will realize finally that LNR is a strong buy at $0.4 or A$0.43 per share.

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Tradernor, you are welcome to make a case for LNR being undervalued using peer analysis, but please don't recommend any stock as a buy or sell to others, as that may constitute unlicensed financial advice.

I did not know it Mr Blow. Sure, I will not say anything next time.
I just expressed my personal opinion.

By the way, Lonestar's new presentation was out just 2 hours ago.
Good to see that we drill so close to EOG Resources, Chesapeake and other major players of the EF.
Here it is:


http://static.squarespace.com/stati...nestar Resources Presentation - June 2014.pdf

New article from Seeking Alpha website is out this afternoon (in the US).

It compares several junior producers with US-based operations and LNR is the cheapest one at $0.4 (US) or A$0.44 (Sydney).

The link is below:


http://seekingalpha.com/article/227...n-fly-high-like-an-eagle-over-the-next-months


This article is also posted at Yahoo Finance/headlines/ticker AMZG

AMZG stands for American Eagle Energy Corporation, a junior oil-weighted producer in North Dakota.

It is also posted at Google Finance under the ticker AMZG and LNREF.

New article from SeekingAlpha that compares LNR to another group of junior oil-weighted producers (TRCH, AXAS etc.)

LNR is the cheapest one once again:


http://seekingalpha.com/article/227...compared-to-other-small-growing-oil-companies

tradernor said:

New article from SeekingAlpha that compares LNR to another group of junior oil-weighted producers (TRCH, AXAS etc.)

LNR is the cheapest one once again:


http://seekingalpha.com/article/227...compared-to-other-small-growing-oil-companies

Click to expand...

Hey Tradernor again thanks for posting these articles. I wasn't aware of SA until you started posting articles from there. The articles are well researched. I am using it more as a research tool. Brought LNR at the start of the month so up 42% for the month. Got to be happy with that

Re: LNR - Lonestar Resources NEW article/analysis

A new article about Lonestar is available in US based financial site "Seeking Alpha":

http://seekingalpha.com/article/229...rrationally-undervalued-compared-to-its-peers

Thanx Ehidna. Just read it. Another great write up.