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Earthstone Energy, Inc. is engaged in the acquisition, exploration, development, and production of crude oil and natural gas properties in the United States. It primarily operates in the North Dakota and Montana portions of the Williston Basin and South Texas. As of March 31, 2014, the company owned a working interest in 157 gross producing oil wells, 3 gross producing gas wells, 6 disposal wells, and 7 injector wells located in North Dakota, Montana, Texas, Louisiana, Colorado, and Wyoming. It had an estimated net proved reserves of 2,554,000 barrels of oil and condensate; and 3,413,000 thousand cubic feet of natural gas. The company was formerly known as Basic Earth Science Systems, Inc. and changed its name to Earthstone Energy, Inc. in 2010. Earthstone Energy, Inc. was founded in 1969 and is based in Denver, Colorado.
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