Earthstone Energy, Inc. to Present at Upcoming Conferences

Earthstone Energy, Inc. to Present at Upcoming Conferences

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THE WOODLANDS, Texas

Earthstone Energy, Inc. (NYSE MKT: ESTE) ("Earthstone" or the "Company"), announced today that the Company's management team will present at the following conferences in August and September 2016.

Enercom's The Oil and Gas Conference 21 at The Westin Denver Downtown located at 1672 Lawrence Street in Denver, Colorado, on Wednesday, August 17, 2016, at 2:20 p.m. MT.

Johnson Rice Energy Conference at The Ritz-Carlton located at 921 Canal Street in New Orleans, Louisiana, on Thursday, September 22, 2016.

The presentation materials for each event will be posted to the Company's website at www.earthstoneenergy.com.

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 in 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