Earthstone Energy Announces Bolt-On Acquisition

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CreativeEquity
Posts: 107
Joined: Sun Sep 05, 2021 5:06 pm

Earthstone Energy Announces Bolt-On Acquisition

Post by CreativeEquity »

("Earthstone", the "Company", "we", "our" or "us") today announced that it has entered into definitive agreements to acquire privately held operated assets located in the Midland Basin (the "Bolt-On Acquisition") from two sellers unaffiliated with Earthstone. The aggregate purchase price of the Bolt-On Acquisition is approximately $73.2 million consisting of $49.2 million in cash,

https://www.prnewswire.com/news-release ... 91334.html
dan_s
Posts: 34628
Joined: Fri Apr 23, 2010 8:22 am

Re: Earthstone Energy Announces Bolt-On Acquisition

Post by dan_s »

See my note under the Sweet 16 tab.
Dan Steffens
Energy Prospectus Group
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