Earthstone Energy, announced today that its management will host a conference call on Friday, August 14, 2015, at 11:00 a.m. Eastern (10:00 a.m. Central) to discuss the Company's operations and financial results for the second quarter of 2015. Prepared remarks by Frank A. Lodzinski, President and Chief Executive Officer, and Robert J. Anderson [...]
On June 30, 2015, the Company acquired a 50% operated interest in approximately 970 gross acres and two gross Austin Chalk wells in Gonzales County, Texas (the "Newly Acquired Acreage"). The acreage, acquired for Eagle Ford development, is 100% held-by-production, with current gross production of approximately 44 barrels of oil equivalent per day [...]
Earthstone Energy, today announced that it has joined the Russell 3000 Index effective June 26, 2015. The Russell 3000 Index is widely used by investment managers and institutional investors for index funds and as benchmarks for both passive and active investment strategies. The Russell 3000 Index also represents the U.S. component of the Russell [...]
Earthstone Energy today announced that, as a result of its lenders' semiannual review, the borrowing base under its revolving credit facility has been reaffirmed at $80.0 million. Utilization currently includes $11.2 million of indebtedness and $0.3 million of letters of credit. The facility matures on December 19, 2018.
Earthstone Energy announced today that its management will host a conference call on Monday, May 18, 2015, at 11:00 a.m. Eastern (10:00 a.m. Central) to discuss the Company's operations and financial results for the first quarter of 2015 and its outlook for 2015. Prepared remarks by Frank A. Lodzinski, President and Chief Executive Officer, and [...]
Earthstone Energy announced today that management will host a conference call on Wednesday, April 1, 2015, at 9:00 a.m. Central (10:00 a.m. Eastern) to discuss the Company's operations and financial results for the fourth quarter and full year 2014 and its outlook for 2015. Prepared remarks by Frank A. Lodzinski, President and Chief Executive [...]
HOUSTON, TX--(Marketwired - Mar 27, 2015) - Earthstone Energy Inc. (NYSE MKT: ESTE) ("Earthstone" or the "Company"), today announced financial and operating results for the three and twelve month periods ended December 31, 2014. Recent Transactions - Basis of Reporting On December 19, 2014, the Company completed a strategic combination with Oak [...]
Earthstone Energy today announced that, as a result of its lenders' semiannual review, the borrowing base under its revolving credit facility has been reaffirmed at $80.0 million. Utilization currently includes $11.2 million of indebtedness and $0.3 million of letters of credit. The facility matures on December 19, 2018.
Earthstone Energy, today reported 2014 year-end proved reserves and comparative production for the years ended December 31, 2014 and 2013. Further, the Company provided an operations update and 2015 guidance.
Lucas Energy today announced that it entered into a collaboration agreement and a separate funding agreement with Victory Energy on February 26, 2015. These agreements represent a milestone toward completing the planned business combination with Victory. The collaboration agreement provides for the transfer of certain well rights in seven Eagle [...]
New Executive Interviews From EnerCom's The Oil & Services Conference(TM) 13 Are Now Posted on Oil & Gas 360(R) DENVER, CO--(Marketwired - Mar 2, 2015) - EnerCom, Inc. today posted new executive video interviews with the following companies: Synergy Resources (NYSE: SYRG) Chief Operating Officer Craig Rasmuson Earthstone Energy (NYSE: ESTE) EVP [...]
Earthstone Energy and privately-held Oak Valley Resources today jointly announced that at a special meeting of Earthstone stockholders held on Friday, December 19, all proposals were approved overwhelmingly and as a result, Earthstone's strategic combination with Oak Valley and acquisition of additional Eagle Ford trend working interests have been [...]