Press Releases

Press Releases

  • April 2, 2018
    THE WOODLANDS, Texas--(BUSINESS WIRE)--Earthstone Energy, Inc. (NYSE: ESTE) (“Earthstone”, the “Company” or “we”), today announced the promotion of Robert J. Anderson to President, effective immediately. Mr. Anderson has served as Executive Vice President, Corporate Development and Engineering of the Company since 2014. Frank A. Lodzinski will remain Chief Executive Officer and Chairman of the Board of Directors. In addition to Mr. Anderson’s promotion, the Company also promotedmore...
  • March 14, 2018
    THE WOODLANDS, Texas--(BUSINESS WIRE)--Earthstone Energy, Inc. (NYSE: ESTE) (“Earthstone”, the “Company”, “we” or “us”), today announced financial and operating results for the year and fourth quarter ended December 31, 2017. In addition, the Company announced its estimated proved reserves as of December 31, 2017. Full Year 2017 Highlights • Revenue of $108.1 million -- Increased by 156more...
  • March 12, 2018
    THE WOODLANDS, Texas--(BUSINESS WIRE)--Earthstone Energy, Inc. (NYSE: ESTE) (“Earthstone” or the “Company”), announced today that its management will host a conference call on Thursday, March 15, 2018 at 11:00 a.m. Eastern (10:00 a.m. Central) to discuss the Company’s operational and financial results for the full year and fourth quarter 2017 and its outlook for 2018. Prepared remarks by Frank A. Lodzinski, President and Chief Executive Officer, Robert J. Anderson, Executive Vicemore...
  • January 22, 2018
    THE WOODLANDS, Texas--(BUSINESS WIRE)--Earthstone Energy, Inc. (NYSE: ESTE) (“Earthstone”, the “Company” or “we”), today provided an operations update and 2018 guidance. The Company has estimated its oil and gas sales volumes for the fourth quarter of 2017 at approximately 824,000 Boe or an average of approximately 8,955 Boepd (66% oil, 83% liquids). For the year ended December 31, 2017, the Company estimates its annual sales volumes at 2.86 million Boe, or an average 7,840 Boepd asmore...
  • December 21, 2017
    THE WOODLANDS, Texas--(BUSINESS WIRE)--Earthstone Energy, Inc. (NYSE: ESTE) (“Earthstone” or the “Company”), today announced that it has closed its previously announced agreement to sell its Bakken assets (“Transaction”) to an unaffiliated party for approximately $27 million in cash. The effective date of the Transaction is December 1, 2017 and is subject to certain customary closing purchase price adjustments. The proceeds from the Transaction will be used to pay down debt under itsmore...