Tracker Asset Acquisition Overview and Key Highlights 126.5 million acquisition of Midland Basin asset with PDP PV10 value of 153 million implies purchase price of PV-16 of PDP (1) Continues ESTE Permian Basin consolidation…
Acquisition Details Earthstone has entered into agreements to acquire assets (the Tracker Acquisition) from Tracker Resource Development III, LLC and an affiliate (Tracker) and from affiliates of Sequel Energy Group LLC (Sequel)…
Acquisition Bolsters Existing Midland Basin Position Tracker Asset Overview Combined Midland Basin Map Complementary Midland Basin assets increase ESTE scale Current net production of 7,800 Boepd (21% oil, 59% liquids)(1) from 71…
Contact Information Mark Lumpkin, Jr. EVP, Chief Financial Officer Scott Thelander Vice President of Finance Corporate Offices Houston 1400 Woodloch Forest Drive Suite 300 The Woodlands, TX 77380 (281) 298-4246 Midland…