Earthstone Energy, Inc. Announces Third Quarter 2016 Conference Call for Wednesday, November 9, 2016 at 10:00 a.m. Eastern

Earthstone Energy, Inc. Announces Third Quarter 2016 Conference Call for Wednesday, November 9, 2016 at 10:00 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 Wednesday, November 9, 2016 at 10:00 a.m. Eastern (9:00 a.m. Central) to discuss the Company's operations and financial results for the third quarter of 2016. 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 quarterly report on Form 10-Q for the period ended September 30, 2016, on Tuesday, November 8, 2016.

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), Wednesday, November 23, 2016. The number for the replay is 877-481-4010 for domestic calls or 919-882-2331 for international calls, using Replay ID: 10135.

About Earthstone Energy, Inc.

Earthstone Energy, Inc. is a growth-oriented independent oil and gas exploration and production company engaged in developing and acquiring oil and gas reserves through an active and diversified program that includes acquiring, drilling and developing undeveloped leases, asset and corporate acquisitions and exploration activities, with its current primary assets located in the Eagle Ford trend of south Texas, the Midland Basin of west Texas, and the Williston Basin of North Dakota. Earthstone is traded on NYSE MKT under the symbol "ESTE." Information on Earthstone can be found at www.earthstoneenergy.com. The Company's corporate headquarters is located in The Woodlands, Texas.

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