Earthstone Energy, Inc. Announces Fourth Quarter and Full Year 2016 Conference Call for Thursday, March 16, 2017 at 11:00 a.m. Eastern

Earthstone Energy, Inc. Announces Fourth Quarter and Full Year 2016 Conference Call for Thursday, March 16, 2017 at 11:00 a.m. Eastern

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Dateline:

THE WOODLANDS, Texas

Earthstone Energy, Inc. (NYSE MKT: ESTE) ("Earthstone" or the "Company"), announced today that its management will host a conference call on Thursday, March 16, 2017 at 11:00 a.m. Eastern (10:00 a.m. Central) to discuss the Company's operations and financial results for the fourth quarter and full year 2016 and its outlook for 2017. Prepared remarks by Frank A. Lodzinski, President and Chief Executive Officer, Robert J. Anderson, Executive Vice President, Corporate Development and Engineering, and Neil K. Cohen, Vice President, Finance and Treasurer will be followed by a question and answer session. The Company intends to file its annual report on Form 10-K for the period ended December 31, 2016, at the close of business on Tuesday, March 14, 2017.

Investors and analysts are invited to participate in the call by dialing 877-407-8035 for domestic calls or 201-689-8035 for international calls, in both cases asking for the Earthstone conference call.

A replay of the call will be available on the Company's website and by telephone until 11:59 p.m. Eastern (10:59 p.m. Central), Thursday, March 30, 2017. The number for the replay is 877-481-4010 for domestic calls or 919-882-2331 for international calls, using Replay ID: 10282.

About Earthstone Energy, Inc.

Earthstone Energy, Inc. is a growth-oriented independent oil and gas company engaged in developing and operating oil and gas properties through an active and diversified program that includes acquiring, drilling, and developing undeveloped leases and asset and corporate acquisitions. The Company's primary assets are located in the Midland Basin of west Texas, the Eagle Ford trend of south Texas, and the Williston Basin of North Dakota. Earthstone is traded on NYSE MKT under the symbol "ESTE." For more information, visit the Company's website at www.earthstoneenergy.com.

Contact:

Neil K. Cohen
Vice President, Finance and Treasurer
Earthstone Energy, Inc.
1400 Woodloch Forest Drive, Suite 300
The Woodlands, TX 77380
281-298-4246