Earthstone Energy, Inc. (ticker: ESTE) will present at the EnerCom Dallas investment conference Feb. 21-22, 2018 at the Tower Club in downtown Dallas. Earthstone Energy is an independent company that develops and operates oil and gas properties primarily in the Midland Basin of West Texas, the Eagle Ford trend of south Texas and the Williston Basin of North Dakota. The
Earthstone Energy, Inc. (ticker: ESTE) said that its borrowing base under its senior secured revolving credit facility has been increased from $150 to $185 million in connection with its regularly scheduled fall redetermination. The $185 million borrowing base will not be reduced upon closing of the company’s previously announced agreement to sell its Bakken assets. Executive VP and CFO Mark
Earthstone Energy, Inc. (ticker: ESTE) announced today that it entered into an agreement to sell its Bakken assets for approximately $27 million in cash to an unaffiliated party. The effective date will be December 1, 2017 and is expected to close by year-end 2017. According to an Earthstone investor presentation, Earthstone’s Bakken/Three Forks assets include 5,900 net core acres predominantly
Earthstone Energy CEO, Frank Lodzinski, speaks with Oil & Gas 360® in an exclusive video interview at EnerCom’s The Oil & Gas Conference® 20. Earthstone Energy – The Oil & Gas Conference® 20 Webcast … Username or E-mail Password Remember Me Forgot Password
In its yearend earnings release, Earthstone Energy (ticker: ESTE) reported average daily production of 2,416 BOEPD, a 20% increase over 2013; it reported oil, natural gas, and NGL sales of $47.6 million, a 61% increase over 2013, Adjusted EBITDAX of $28.5 million, representing a 121% increase over 2013, and PV-10 of $344.8 million, a 175% increase from 2013. Frank A. Lodzinski, President
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