Earthstone targets continued growth of operated asset base in the Permian basin
Earthstone Energy, Inc. (ticker: ESTE) and Bold Energy III LLC, a portfolio company of EnCap Investments L.P., have entered into a definitive contribution agreement under which Earthstone will acquire all of the outstanding membership interests of Bold, inclusive of producing assets and undeveloped acreage, in an "Up-C" transaction, Earthstone Energy said today in a press release.

Upon completion of the transaction, current Earthstone stockholders will own appro...

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