Earthstone Energy Inc. , announced today that its management will host a conference call on Monday, May 6, 2019 at 11:00 a.m. Eastern to discuss the Company’s financial results for the first quarter 2019 and its outlook for the remainder of 2019. Prepared remarks by Frank A. Lodzinski, Chief Executive Officer, Robert J. Anderson, President [...]
Earthstone Energy Inc. , today announced financial and operating results for the fourth quarter and year ended December 31, 2018. Fourth Quarter 2018 Highlights Revenues of $41.2 million Increased 16% over fourth quarter 2017 Average daily production of 10,454 Boepd Increased 15% over fourth quarter 2017 while the oil component increased 27% over [...]
Earthstone Energy Inc. , announced today that its management will host a conference call on Wednesday, March 13, 2019 at 11:00 a.m. Eastern to discuss the Company’s financial results for the fourth quarter 2018 and its outlook for 2019. Prepared remarks by Frank A. Lodzinski, Chief Executive Officer, Robert J. Anderson, President, and Mark [...]
Earthstone Energy Inc. , today announced its year-end 2018 estimated proved reserves of approximately 98.8 MMBoe, representing a 24% increase compared to year-end 2017 proved reserves of 80.0 MMBoe. Year-End 2018 Estimated Proved Reserves Highlights: Total Proved Reserves increased 18.8 MMBoe or 24% over year-end 2017 Proved Developed reserves [...]
Earthstone Energy Inc. , today provided an operations update and 2019 guidance. The Company has estimated its oil and gas sales volumes for the fourth quarter of 2018 at approximately 959,000 Boe or an average of approximately 10,430 Boepd . The Company had approximately 1,100 Boepd shut-in across 11 gross operated and three gross non-operated [...]
Earthstone Energy Inc. , today announced that due to the recent significant decline in commodity prices and the related adverse effect on the debt and equity markets, the Company and Sabalo Holdings, LLC have entered into an agreement to terminate the pending acquisition by the Company of Sabalo Energy, LLC under a Contribution Agreement dated as [...]
Earthstone Energy Inc. , today announced financial and operating results for the three and nine months ended September 30, 2018. Third Quarter 2018 Highlights Revenues of $46.1 million Average daily production of 10,766 Boepd Adjusted EBITDAX of $26.4 million Net income of $0.6 million Net income attributable to Earthstone Energy Inc. of $0.2 [...]
Earthstone Energy Inc. , today announced that a special meeting of stockholders will be held on January 3, 2019 at 9:00 a.m. CST at the offices of the Company, located at 1400 Woodloch Forest Drive, Suite 300, The Woodlands, Texas 77380. The purpose of the meeting will be to consider and act upon the previously announced Contribution Agreement [...]
Earthstone Energy Inc. , announced today that its management will host a conference call on Thursday, November 8, 2018 at 11:00 a.m. Eastern to discuss the Company’s financial results for the third quarter 2018 and its outlook for the remainder of 2018. Prepared remarks by Frank A. Lodzinski, Chief Executive Officer, Robert J. Anderson [...]
Earthstone Energy Inc. today announced that it has entered into an agreement with Sabalo Holdings, LLC , whereby Earthstone will acquire all of Sabalo Holdings’ interests in Sabalo Energy, LLC and Sabalo Energy, Inc., whose assets include both producing and non-producing oil and gas assets in the northern Midland Basin. In addition, on [...]
Earthstone Energy Inc. today announced the closing of an acreage trade with an undisclosed operator in the Midland Basin of Texas. Earthstone has acquired 3,899 net operated acres in Reagan County with virtually a 100% working interest, in exchange for 1,222 net non-operated acres in Glasscock County with an average working interest of 39% and [...]
Earthstone Energy Inc. announced that a Securities and Exchange Commission Form 13F filing made on August 13, 2018 by EnCap Energy Capital Fund IX, L.P. incorrectly stated that Fund IX held 36,070,828 shares of Earthstone Class A Common Stock. EnCap Partners GP, LLC , the sole general partner of Fund IX, has confirmed to us that there have been no [...]
+4000,00 %
-83,33 %