Company Description (as filed with the SEC)
Earthstone Energy, Inc. was incorporated in Delaware in 1969 as Basic Earth Science Systems, Inc. We changed our name in 2010 to Earthstone Energy, Inc. Earthstone Energy, Inc. (“Earthstone” or “the Company” or “we” or “our” or “us”) is an independent oil and gas exploration company primarily engaged in the exploration and development of oil and natural gas properties. We have an established production base that generates positive cash flow from operating activities and profits. Our operating activities are focused in the North Dakota and Montana portions of the Williston basin, the Denver-Julesburg basin of Colorado, the southern portions of Texas, and along the on-shore portions of the Gulf Coast. Strategy Our primary focus is in the Montana and North Dakota portions of the Williston basin. Historically, and in the future, this oil rich basin has been, and will continue to be, allocated the majority of our capital expenditure budget. ... More ...