Press Releases

Press Releases

  • November 12, 2013
    EARTHSTONE ENERGY, INC. (NYSE MKT: ESTE) reported net income of $1,224,000, or $0.71 per diluted share, on revenue of $4,672,000 for the second quarter of fiscal 2014, ended September 30, 2013 (2013). This compares to net income of $486,000, or $0.28 per diluted share, on revenue of $2,809,000 for the second quarter of fiscal 2013, ended September 30, 2012 (2012). For the first half of fiscal year 2014, the Company reported net income of $1,917,more...
  • November 8, 2013
    EARTHSTONE ENERGY, INC. (NYSE MKT: ESTE) furnished an update of its current operational activities along with activities for its 2nd fiscal quarter, ended September 30, 2013. Operations Update Banks Field, McKenzie County, North Dakota There continues to be excellent potential for reserve growth in the Banks area, where we placed seven new wells on production in the second quarter, ended September 30, 2013. Allmore...
  • September 25, 2013
    EARTHSTONE ENERGY, INC. (NYSE MKT: ESTE) reported today that the September 2013 issue of the Oil & Gas Journal (OGJ) named Earthstone among the Fastest-Growing Companies for the 2012 calendar year (the most recent data). The OGJ ranks U.S. based, publicly traded oil and gas producers annually in its "OGJ 150/100" article. Although primarily ranked in terms of assets, companies are additionally ranked on thirteen US-based benchmarks,more...
  • September 6, 2013
    EARTHSTONE ENERGY, INC. (NYSE MKT: ESTE) reported that the Company has begun completion operations on its first deep Pennsylvanian test in Cheyenne County, Nebraska. During drilling operations, the Schmale 34-20 reached a total depth of 6,550 feet and was cased to 6,200 feet in order to more fully test the productive capacity of the well. During completion operations, two zones were tested; one in a Pennsylvanian age interval and one in amore...
  • August 12, 2013
    EARTHSTONE ENERGY, INC. (NYSE MKT: ESTE) reported net income of $693,000, or $0.40 per diluted share, on revenue of $3,595,000 for the first quarter of fiscal 2014, ended June 30, 2013 (2013). This compares to net income of $270,000, or $0.16 per diluted share, on revenue of $2,347,000 for the first quarter of fiscal 2013, ended June 30, 2012 (2012). Total revenue and net income increased $1,248,000 (53%) and $423,000 (157%), respectively, frommore...