Average Daily Production for the Fourth Quarter of 2021 Increased 104% Year Over Year Closed Chisholm Acquisition on February 15, 2022 Earthstone Energy Inc. , today provided an operations update, released 2022 guidance and announced its year-end 2021 estimated proved reserves. The Company has estimated its oil and gas sales volumes for the fourth [...]
- Accretive acquisition within existing Earthstone footprint increases size and scale - Acquisition funded in part with proceeds of $280 million private placement of equity - Previously announced Chisholm Acquisition expected to close in mid-February 2022 Earthstone Energy Inc. today announced that it has entered into an agreement to acquire the [...]
Earthstone Energy Inc. today announced that President and CEO, Robert J. Anderson, will participate in a fireside chat with Jeff Robertson of Water Tower Research at 2:30 p.m. Eastern Time on Monday, January 10, 2022. The discussion will focus on Earthstone's growth through acquisitions consummated or announced in 2021, including the recently [...]
Highly Accretive Expansion into Northern Delaware Basin Meaningfully Increases Size and Scale Earthstone Energy Inc. today announced that it has entered into an agreement to acquire the assets of privately held Chisholm Energy Holdings, LLC located in the northern Delaware Basin of New Mexico . Chisholm is majority owned by Warburg Pincus, LLC and [...]
Earthstone Energy Inc. , today announced financial and operating results for the three and nine months ended September 30, 2021. Third Quarter 2021 Highlights Executed the Foreland Acquisition PSAs on September 30, 2021, which closed subsequent to quarter end on November 2, 2021 Closed the Tracker Acquisition on July 20, 2021 Net income [...]
Earthstone Energy Inc. today announced that it has completed the previously announced acquisition of privately held operated assets located in the Midland Basin from Foreland Investments LP and from BCC-Foreland LLC, which held well-bore interests in certain of the producing wells operated by Foreland . The aggregate purchase price of the Foreland [...]
Earthstone Energy Inc. , announced today that its management team will host a conference call on Thursday, November 4, 2021 at 12:00 p.m. Eastern to discuss the Company's financial results for the third quarter 2021 and its outlook for the remainder of 2021. Prepared remarks by Robert J. Anderson, President and Chief Executive Officer, Mark [...]
The VIVA health platform improves the efficiency of supply and co-ordinating demand Earth Life Sciences Inc. announces that pursuant to the acquisition agreement with VIVA Health HK Limited, , the Company will launch a new website to handle health services in the United States called www.VivaBestHealth.com. Through technical advances such as [...]
Acquiring Privately Held Midland Basin Assets for Cash and Stock Earthstone Energy Inc. today announced that it has entered into definitive agreements to acquire privately held operated assets located in the Midland Basin from two sellers unaffiliated with Earthstone. The aggregate purchase price of the Bolt-On Acquisition is approximately $73.2 [...]
Borrowing Base Increases to $650 Million; Liquidity of Approximately $365 Million Earthstone Energy Inc. , today announced that it has entered into an amendment to its senior secured revolving credit facility under which the borrowing base has been increased from $550 million to $650 million in connection with its regularly scheduled semi-annual [...]
Reports Net Cash Provided by Operating Activities of $93.4 Million in First Half of 2021 Earthstone Energy Inc. , today announced financial and operating results for the three and six months ended June 30, 2021. Second Quarter 2021 Highlights Announced the Tracker Acquisition which closed subsequent to quarter end on July 20, 2021 Closed Eagle Ford [...]
Earthstone Energy Inc. , announced today that its management team will host a conference call on Thursday, August 5, 2021 at 12:00 p.m. Eastern to discuss the Company's financial results for the second quarter 2021 and its outlook for the remainder of 2021. Prepared remarks by Robert J. Anderson, President and Chief Executive Officer, Mark Lumpkin [...]