Operator
Earthstone Energy Inc.
67 articles mentioning Earthstone Energy Inc. · Page 3 of 4
Earthstone Energy Taps New President
Earthstone Energy has named Robert J. Anderson as its new 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...
Earthstone Hits 97% Production Growth in 2017; Looks to Expand Permian Portfolio
Earthstone Energy has reported its 2017 results. After selling its Bakken assets, Earthstone saw 97% production growth YOY.
Permian Operator to Double 2018 CapEx, Grow Oil Production 20%
Here is a quick read through of Earthstone's 2018 drilling and completion plans. The table below shows that the company plan to grow its oil and equivalent production 20%, while doubling capex. This is being achieved...
Earthstone's Borrowing Base Bumped Up +23% to $185MM
Earthstone Energy's borrowing base has been increased to $185 million (up +23% from $150 million). The Company also entered into an amendment to its Credit Facility which provides for increased flexibility.
Earthstone Tags 9,671 BOEPD in Q3 Production; Up +22% from Q2
Earthstone reported its Q3 2017 results. Highlights include: Average daily production of 9,671 Boepd (up +22% from 7,932 BOEPD in Q2 2017) Midland Basin Position Established: Includes some 27,000 net acres and approximately 7,000 Boepd CEO...
Earthstone to Maintain One Midland Basin Rig; Talks Pad Drilling Results
[Summay: Earthstone Energy reported its Q3 2017 results. Highlights: Q3 2017 Production: 9,671 Boepd (63% oil, 82% liquids), with approximately 6,492 Boepd (62% oil, 83% liquids) coming from the Midland Basin Earthstone is currently operating a...
Earthstone Reports 111% Increase in Production YOY; Began Operations in Midland and Eagle Ford
Earthstone reported its Q2 results and highlights included:The company reported average daily production from Q2 of 7,932 boe/d. This is an 111% increase from Q2 2016. Oil production from Q2 was 480 mbbls and gas production...
Earthstone Trims 2017 Capex -12%
Earthstone announces operations and guidance updates for Q2 2017. The company also reduced its 2017 capex by $15 million (down -12% to $115 million from the initial plan of $130 million). Operational Highlights: Midland Basin Earthstone...
Earthstone IDs 2017 Budget Post-Bold Acquisition
Earthstone reported its Q1 2017 results. The company finished its combination with Bold Energy and has IDed a 2017 budget of $130 million / 29 wells. Earthstone's average daily production during Q1 2017 was approximately 4,735...
Earthstone Gives 61% of the Company To Bold Energy Investors
Earthstone Energy, Inc. has completed its previously announced business combination...
Earthstone/Bold Energy III Merger Update; Production Growth
Earthstone and Bold Energy provided the following transaction update. Bold Energy III LLC – Transaction Update As previously announced on November 8, 2016, Earthstone entered into a definitive agreement whereby it will acquire all of the...
Earthstone Ups Capex 217% on Bold Acquisition; $130 Million
Earthstone Energy (along with Bold Energy III) provided operations updates and combined 2017 guidance.
Eagle Ford Operator To Ramp Up Activity In 2H-2016
Earthstone Energy, Inc. announced financial and operating results for the three month period ended June 30, 2016 and reiterates guidance for 2016. Key Points: We currently plan to complete our 12 Eagle Ford well inventory in...
Earthstone To Focus 2016 Capital On Eagle Ford, Permian
The company also announced financial and operating results for the three and twelve month periods ended December 31, 2015.
Earthstone Details Drilling Costs, Eagle Ford Acreage Update
The Company is currently drilling the four-well Boggs Unit in Karnes County.
Earthstone Energy Debuts 2015 Capex After Oak Valley Deal
This comes after the company finalized a deal to acquire Oak Valley Resources on December 22, 2014.
Earthstone Energy Ramps Up Income 121%
Ray Singleton, President, commented: "We are pleased and proud to report a year with strong growth in reserves, production, revenue and earnings."
Earthstone Energy Awaits Results of Webb County Well
Re-commenced completion operations last week on the WCNU #126.
Earthstone Highlights Bakken Strategy, Ups Revenue in 2013
Ray Singleton, President of Earthstone, commented: "We are pleased to see our Bakken strategy continue to positively impact Earthstone's performance."
Earthstone Plans to Exceed Last Year's Capital Expenditures
For the first six months of this fiscal year, capital deployment on oil and gas properties increased 54% on an accrual basis over the same period last year. Based on this, by year-end, we expect to...