Press Releases

Press Releases

  • 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...
  • July 12, 2013
    Earthstone Energy, Inc. (NYSE MKT: ESTE) reported that the Company has concluded drilling operations on its first deep Pennsylvanian test in Cheyenne County, Nebraska. The Schmale 34-20, located in Sec 20, Township 15 North Range 47 West, Cheyenne County, Nebraska, reached a total depth of 6,550 feet. The Company and its partners have agreed to run casing in the well and perform various tests in an attempt to establish production. As previously disclosed, the Companymore...
  • July 8, 2013
    EARTHSTONE ENERGY, INC. (NYSE MKT: ESTE) reported today that the May 2013 issue of the Oil & Gas Financial Journal (OGFJ) named Earthstone among the Top Companies for the fourth calendar quarter of 2012 (the most recent data). The OGFJ ranks U.S. based, publicly traded oil and gas producers quarterly in its "OGFJ150" article. Although primarily ranked in terms of assets, companies are additionally ranked on eleven other benchmarks. While themore...
  • July 1, 2013
    EARTHSTONE ENERGY, INC. (NYSE MKT: ESTE) reported that the Company has commenced drilling operations on its first deep Pennsylvanian test in Cheyenne County, Nebraska. The well is expected to reach its projected total depth of approximately 6,500 feet by mid-July. The Schmale 34-20 is located in Sec 20, Township 15 North Range 47 West, Cheyenne County, Nebraska. As previously disclosed, the Company has acquired approximately 70 square miles ofmore...