Mr. James Horvath reports

LONESTAR ANNOUNCES NEW CREDIT FACILITIES

Lonestar West Inc. has entered into a new bank credit agreement with its lead working capital lender. "We are pleased that we were able to successfully complete this new agreement to ensure the continued capital needs of Lonestar," commented James Horvath, president of Lonestar. In addition, Lonestar closed a term debt financing replacing existing debt with debt that will amortize over a longer period of time, thereby reducing the overall debt repayment in 2017 and 2018. Details on the working capital and debt financings will be released with the year-end audited statements.