Earthstone Energy (ESTE) 35.20 $ESTE
FTTN Secures Substantial Acreage and Begins Pre-Drill Planning
Business Wire - Tue Jul 22, 7:09AM CDT
First Titan Corp. (OTCBB: FTTN) announced today a significant increase in the Company's net leased acreage and the commencement of pre-drill planning on its Mustang Project located in East Central Texas.
FTTN Seeks Landman as It Investigates Lucrative West Texas Prospects
Business Wire - Wed Jul 02, 4:00AM CDT
First Titan Corp. (OTCBB: FTTN) seeks a high-level landman as the company takes the next step in its growth by adding lucrative assets in the oil-rich West Texas area to its portfolio. Spurred by the Cline Shale, oil and gas production in West Texas is projected to add $20 billion to the region's economy by 2022.
Earthstone Energy Reports 2014 Fiscal Year End Results
Marketwire - Tue Jun 10, 1:41PM CDT
Earthstone Energy, Inc. (NYSE MKT: ESTE) (Earthstone or the Company) reported net income of $3,939,000, or $2.27 per diluted share, on revenue of approximately $17.5 million for the fiscal year end March 31, 2014 (2014). This compares with net income of $1,780,000, or $1.03 per diluted share, on revenue of approximately $11.4 million for the fiscal year end March 31, 2013 (2013). The $6.1 million (54%) increase in revenue and $2.2 million (121%) increase in net income was primarily due to significantly higher oil and natural gas sales volumes and higher oil and natural gas prices. Other factors which contributed to our annual results are disclosed in the Company's Form 10-K for the fiscal year ended March 31, 2014.
Earthstone Energy Reports Status of Completions on South Texas Wells
Marketwire - Mon Jun 09, 7:31AM CDT
EARTHSTONE ENERGY, INC. (NYSE MKT: ESTE) reported that the Company re-commenced completion operations last week on the WCNU #126. The #126 well, which was previously unproductive in the lower Mirando Sand, was acid stimulated a week ago to enhance fluid production. Testing will commence this week to determine if the stimulation improved the well's productive capacity from this lower zone. While the WCNU #126 is being tested, the other two wells, the WCNU #124 and WCNU #125, remain partially completed and shut-in; awaiting the results of the #126. The Company previously reported that it drilled three new wells in late March and early April of this year in the West Cole North Unit (the North Unit), located in Webb County, Texas. The North Unit currently generates approximately 10% of the Company's oil production and revenue. Earthstone is the Operator and has a 96% working interest in the North Unit.
FTTN Seeks Optimum Results from Texas-based Well
Business Wire - Mon Jun 09, 4:00AM CDT
A Texas-based asset First Titan Corp. (OTCBB:FTTN) owns an interest in has a well scheduled for minor maintenance, which is expected to return the well to previous production levels.
Earthstone Energy to Present at Global Hunter Securities' Conference
Marketwire - Thu May 29, 7:32AM CDT
EARTHSTONE ENERGY, INC. (NYSE MKT: ESTE) today announced that the Company will present at the GHS 100 Energy Conference in Chicago, IL, on Tuesday, June 24, 2014 at 10:00 am Central time. Ray Singleton, President of Earthstone, will be joined by Frank A. Lodzinski, President of OAK VALLEY RESOURCES, LLC. Together they will discuss their recently announced Strategic Combination.
FTTN Looks to Improve Well Performance
Business Wire - Tue Apr 01, 6:25AM CDT
One of the assets of First Titan Corp. (OTCBB: FTTN) is being scheduled for a squeeze job procedure to return the well to production.
FTTN Signs Contract to Acquire and Develop Texas Oil and Gas Leases
Business Wire - Wed Mar 26, 4:00AM CDT
First Titan Corp. (OTCBB: FTTN) announced today it negotiated and signed an agreement to jointly acquire and develop oil and gas leases across nine Texas counties with a Houston-based private oil and gas company.
FTTN Appoints New CEO as Company Seeks to Expand Assets
Business Wire - Mon Mar 17, 7:57AM CDT
First Titan Corp. (OTCBB: FTTN) announced today that G. Jonathan Pina will be the company's new President and CEO as it continues plans to expand its oil and natural gas portfolio.
FTTN: Oklahoma Well on Track to Meet Projections
Business Wire - Tue Mar 11, 4:00AM CDT
First Titan Corp. (OTCBB: FTTN) announced today it has received a report from the operator of its interest in a well in Oklahoma, and after completing initial test production, the company is confident the well possesses the potential to meet its initial production projections.
Earthstone Energy Inc posts higher net income of USD933,000 for Q3
M2 - Mon Feb 17, 4:42AM CST
Oil & gas company Earthstone Energy Inc (NYSE MKT:ESTE) on Friday reported a net income of USD933,000 (USD0.54 per diluted share) for the third quarter of fiscal 2014.
Earthstone Energy Reports 3rd Quarter Results
Marketwire - Fri Feb 14, 7:28AM CST
EARTHSTONE ENERGY, INC. (NYSE MKT: ESTE) reported net income of $933,000, $0.54 per diluted share, on revenue of $4.5 million for the third quarter of fiscal 2014 compared to net income of $370,000, $0.22 per diluted share, on revenue of $2.8 million for the third quarter of fiscal 2013. For the nine months ending December 2013, the Company reported net income of $2,850,000, $1.65 per diluted share, on revenue of $12.7 million compared to net income of $1,126,000, $0.65 per diluted share, on revenue of $8.0 million for the same period ended December 2012. Total revenue and net income increased $1,640,000 (58%) and $563,000 (152%), respectively, from the comparable three month prior year period. These results were due to both increases in oil and gas sales volumes and oil and gas prices in 2013 as compared to 2012. Other factors which contributed to our quarterly results are disclosed in the Company's most recent Form 10-Q.
Earthstone Energy Named Among "Fastest-Growing Companies" by Oil & Gas Financial Journal
Marketwire - Tue Feb 11, 2:57PM CST
EARTHSTONE ENERGY, INC. (NYSE MKT: ESTE) reported today that the February 2014 issue of the Oil & Gas Financial Journal (OGFJ) named Earthstone among the Fastest-Growing Companies for the third calendar quarter of 2013 (the most recent data). The OGFJ ranks U.S. based, publicly traded oil and gas producers quarterly in its "OGJ 150/100" article. Although primarily ranked in terms of assets, companies are additionally ranked on nine other US-based benchmarks, including the fastest growing category. While the Company was ranked 100th in terms of assets, it was ranked 5th Fastest Growing and 8th in Return on Stockholder's Equity.
Earthstone Energy Inc reports start of completion operations of deep Pennsylvanian test in Cheyenne County, Nebraska
M2 - Mon Sep 09, 3:01AM CDT
Oil and gas company Earthstone Energy Inc (NYSE MKT:ESTE) said on Friday that it has commenced completion operations on its first deep Pennsylvanian test in Cheyenne County, Nebraska.
Earthstone Energy Reports on Nebraska Completion
Marketwire - Fri Sep 06, 5:56PM CDT
EARTHSTONE ENERGY, INC. (NYSE MKT: ESTE) reported that the Company has begun completion operations on its first deep Pennsylvanian test in Cheyenne County, Nebraska. During drilling operations, the Schmale 34-20 reached a total depth of 6,550 feet and was cased to 6,200 feet in order to more fully test the productive capacity of the well. During completion operations, two zones were tested; one in a Pennsylvanian age interval and one in a Permian age interval. While some oil was recovered, at this time, volumes are not sufficient to warrant building production facilities. The Company and its partners have suspended operations and are assessing further actions which could include further stimulation to existing zones, testing additional zones or plugging the well. The Company expects to resume operations in the next thirty days. Earthstone is the Operator of the well and has a 45% working interest in this venture. The remaining ownership in this project is held by unrelated, privately-held, third parties. As previously disclosed, the Company has acquired approximately 70 square miles of 3D seismic data and 30,000 acres of leasehold in the area; primarily in Cheyenne County.
Earthstone Energy Reports 1st Quarter Results
Marketwire - Mon Aug 12, 4:15PM CDT
EARTHSTONE ENERGY, INC. (NYSE MKT: ESTE) reported net income of $693,000, or $0.40 per diluted share, on revenue of $3,595,000 for the first quarter of fiscal 2014, ended June 30, 2013 (2013). This compares to net income of $270,000, or $0.16 per diluted share, on revenue of $2,347,000 for the first quarter of fiscal 2013, ended June 30, 2012 (2012). Total revenue and net income increased $1,248,000 (53%) and $423,000 (157%), respectively, from 2012. These increases were due to both higher oil and gas sales volumes and higher oil and natural gas prices in 2013 relative to 2012. Other factors which contributed to the quarterly results are disclosed in the Company's most recent Form 10-Q.
Earthstone Energy Inc concludes drilling operations of Nebraska well
M2 - Mon Jul 15, 4:41AM CDT
Oil and gas company Earthstone Energy Inc (NYSE MKT:ESTE) said on Friday that it has completed drilling of its The Schmale 34-20 under its first deep Pennsylvanian test in Nebraska.
Earthstone Energy Concludes Nebraska Drilling Operation
Marketwire - Fri Jul 12, 7:30AM CDT
Earthstone Energy, Inc. (NYSE MKT: ESTE) reported that the Company has concluded drilling operations on its first deep Pennsylvanian test in Cheyenne County, Nebraska. The Schmale 34-20, located in Sec 20, Township 15 North Range 47 West, Cheyenne County, Nebraska, reached a total depth of 6,550 feet. The Company and its partners have agreed to run casing in the well and perform various tests in an attempt to establish production. As previously disclosed, the Company has acquired approximately 70 square miles of 3D seismic data and 30,000 acres of leasehold; primarily in Cheyenne County. The Company anticipates drilling one or two more wells over the next 18 months to enhance its geologic model. Earthstone is the Operator of the well and has a 45% working interest in this venture.
Earthstone Energy Named Among "Top Companies" by Oil & Gas Financial Journal
Marketwire - Mon Jul 08, 7:30AM CDT
EARTHSTONE ENERGY, INC. (NYSE MKT: ESTE) reported today that the May 2013 issue of the Oil & Gas Financial Journal (OGFJ) named Earthstone among the Top Companies for the fourth calendar quarter of 2012 (the most recent data). The OGFJ ranks U.S. based, publicly traded oil and gas producers quarterly in its "OGFJ150" article. Although primarily ranked in terms of assets, companies are additionally ranked on eleven other benchmarks. While the Company was ranked 104th in terms of assets, it was ranked 7th in Return on Assets and 9th in Return on Revenue.
Earthstone Energy Inc reports drilling operations at Nebraska project
M2 - Tue Jul 02, 4:19AM CDT
Oil and gas company Earthstone Energy Inc (NYSE MKT: ESTE) announced on Monday the start of drilling operations on its first deep Pennsylvanian test in Cheyenne County, Nebraska.
FTTN Secures Substantial Acreage and Begins Pre-Drill Planning
Business Wire - Tue Jul 22, 7:09AM CDT
First Titan Corp. (OTCBB: FTTN) announced today a significant increase in the Company's net leased acreage and the commencement of pre-drill planning on its Mustang Project located in East Central Texas.
FTTN Seeks Landman as It Investigates Lucrative West Texas Prospects
Business Wire - Wed Jul 02, 4:00AM CDT
First Titan Corp. (OTCBB: FTTN) seeks a high-level landman as the company takes the next step in its growth by adding lucrative assets in the oil-rich West Texas area to its portfolio. Spurred by the Cline Shale, oil and gas production in West Texas is projected to add $20 billion to the region's economy by 2022.
Earthstone Energy Reports 2014 Fiscal Year End Results
Marketwire - Tue Jun 10, 1:41PM CDT
Earthstone Energy, Inc. (NYSE MKT: ESTE) (Earthstone or the Company) reported net income of $3,939,000, or $2.27 per diluted share, on revenue of approximately $17.5 million for the fiscal year end March 31, 2014 (2014). This compares with net income of $1,780,000, or $1.03 per diluted share, on revenue of approximately $11.4 million for the fiscal year end March 31, 2013 (2013). The $6.1 million (54%) increase in revenue and $2.2 million (121%) increase in net income was primarily due to significantly higher oil and natural gas sales volumes and higher oil and natural gas prices. Other factors which contributed to our annual results are disclosed in the Company's Form 10-K for the fiscal year ended March 31, 2014.
Earthstone Energy Reports Status of Completions on South Texas Wells
Marketwire - Mon Jun 09, 7:31AM CDT
EARTHSTONE ENERGY, INC. (NYSE MKT: ESTE) reported that the Company re-commenced completion operations last week on the WCNU #126. The #126 well, which was previously unproductive in the lower Mirando Sand, was acid stimulated a week ago to enhance fluid production. Testing will commence this week to determine if the stimulation improved the well's productive capacity from this lower zone. While the WCNU #126 is being tested, the other two wells, the WCNU #124 and WCNU #125, remain partially completed and shut-in; awaiting the results of the #126. The Company previously reported that it drilled three new wells in late March and early April of this year in the West Cole North Unit (the North Unit), located in Webb County, Texas. The North Unit currently generates approximately 10% of the Company's oil production and revenue. Earthstone is the Operator and has a 96% working interest in the North Unit.
FTTN Seeks Optimum Results from Texas-based Well
Business Wire - Mon Jun 09, 4:00AM CDT
A Texas-based asset First Titan Corp. (OTCBB:FTTN) owns an interest in has a well scheduled for minor maintenance, which is expected to return the well to previous production levels.
Earthstone Energy to Present at Global Hunter Securities' Conference
Marketwire - Thu May 29, 7:32AM CDT
EARTHSTONE ENERGY, INC. (NYSE MKT: ESTE) today announced that the Company will present at the GHS 100 Energy Conference in Chicago, IL, on Tuesday, June 24, 2014 at 10:00 am Central time. Ray Singleton, President of Earthstone, will be joined by Frank A. Lodzinski, President of OAK VALLEY RESOURCES, LLC. Together they will discuss their recently announced Strategic Combination.
FTTN Looks to Improve Well Performance
Business Wire - Tue Apr 01, 6:25AM CDT
One of the assets of First Titan Corp. (OTCBB: FTTN) is being scheduled for a squeeze job procedure to return the well to production.
FTTN Signs Contract to Acquire and Develop Texas Oil and Gas Leases
Business Wire - Wed Mar 26, 4:00AM CDT
First Titan Corp. (OTCBB: FTTN) announced today it negotiated and signed an agreement to jointly acquire and develop oil and gas leases across nine Texas counties with a Houston-based private oil and gas company.
FTTN Appoints New CEO as Company Seeks to Expand Assets
Business Wire - Mon Mar 17, 7:57AM CDT
First Titan Corp. (OTCBB: FTTN) announced today that G. Jonathan Pina will be the company's new President and CEO as it continues plans to expand its oil and natural gas portfolio.
FTTN: Oklahoma Well on Track to Meet Projections
Business Wire - Tue Mar 11, 4:00AM CDT
First Titan Corp. (OTCBB: FTTN) announced today it has received a report from the operator of its interest in a well in Oklahoma, and after completing initial test production, the company is confident the well possesses the potential to meet its initial production projections.
Earthstone Energy Inc posts higher net income of USD933,000 for Q3
M2 - Mon Feb 17, 4:42AM CST
Oil & gas company Earthstone Energy Inc (NYSE MKT:ESTE) on Friday reported a net income of USD933,000 (USD0.54 per diluted share) for the third quarter of fiscal 2014.
Earthstone Energy Reports 3rd Quarter Results
Marketwire - Fri Feb 14, 7:28AM CST
EARTHSTONE ENERGY, INC. (NYSE MKT: ESTE) reported net income of $933,000, $0.54 per diluted share, on revenue of $4.5 million for the third quarter of fiscal 2014 compared to net income of $370,000, $0.22 per diluted share, on revenue of $2.8 million for the third quarter of fiscal 2013. For the nine months ending December 2013, the Company reported net income of $2,850,000, $1.65 per diluted share, on revenue of $12.7 million compared to net income of $1,126,000, $0.65 per diluted share, on revenue of $8.0 million for the same period ended December 2012. Total revenue and net income increased $1,640,000 (58%) and $563,000 (152%), respectively, from the comparable three month prior year period. These results were due to both increases in oil and gas sales volumes and oil and gas prices in 2013 as compared to 2012. Other factors which contributed to our quarterly results are disclosed in the Company's most recent Form 10-Q.
Earthstone Energy Named Among "Fastest-Growing Companies" by Oil & Gas Financial Journal
Marketwire - Tue Feb 11, 2:57PM CST
EARTHSTONE ENERGY, INC. (NYSE MKT: ESTE) reported today that the February 2014 issue of the Oil & Gas Financial Journal (OGFJ) named Earthstone among the Fastest-Growing Companies for the third calendar quarter of 2013 (the most recent data). The OGFJ ranks U.S. based, publicly traded oil and gas producers quarterly in its "OGJ 150/100" article. Although primarily ranked in terms of assets, companies are additionally ranked on nine other US-based benchmarks, including the fastest growing category. While the Company was ranked 100th in terms of assets, it was ranked 5th Fastest Growing and 8th in Return on Stockholder's Equity.
Earthstone Energy Inc reports start of completion operations of deep Pennsylvanian test in Cheyenne County, Nebraska
M2 - Mon Sep 09, 3:01AM CDT
Oil and gas company Earthstone Energy Inc (NYSE MKT:ESTE) said on Friday that it has commenced completion operations on its first deep Pennsylvanian test in Cheyenne County, Nebraska.
Earthstone Energy Reports on Nebraska Completion
Marketwire - Fri Sep 06, 5:56PM CDT
EARTHSTONE ENERGY, INC. (NYSE MKT: ESTE) reported that the Company has begun completion operations on its first deep Pennsylvanian test in Cheyenne County, Nebraska. During drilling operations, the Schmale 34-20 reached a total depth of 6,550 feet and was cased to 6,200 feet in order to more fully test the productive capacity of the well. During completion operations, two zones were tested; one in a Pennsylvanian age interval and one in a Permian age interval. While some oil was recovered, at this time, volumes are not sufficient to warrant building production facilities. The Company and its partners have suspended operations and are assessing further actions which could include further stimulation to existing zones, testing additional zones or plugging the well. The Company expects to resume operations in the next thirty days. Earthstone is the Operator of the well and has a 45% working interest in this venture. The remaining ownership in this project is held by unrelated, privately-held, third parties. As previously disclosed, the Company has acquired approximately 70 square miles of 3D seismic data and 30,000 acres of leasehold in the area; primarily in Cheyenne County.
Earthstone Energy Reports 1st Quarter Results
Marketwire - Mon Aug 12, 4:15PM CDT
EARTHSTONE ENERGY, INC. (NYSE MKT: ESTE) reported net income of $693,000, or $0.40 per diluted share, on revenue of $3,595,000 for the first quarter of fiscal 2014, ended June 30, 2013 (2013). This compares to net income of $270,000, or $0.16 per diluted share, on revenue of $2,347,000 for the first quarter of fiscal 2013, ended June 30, 2012 (2012). Total revenue and net income increased $1,248,000 (53%) and $423,000 (157%), respectively, from 2012. These increases were due to both higher oil and gas sales volumes and higher oil and natural gas prices in 2013 relative to 2012. Other factors which contributed to the quarterly results are disclosed in the Company's most recent Form 10-Q.
Earthstone Energy Inc concludes drilling operations of Nebraska well
M2 - Mon Jul 15, 4:41AM CDT
Oil and gas company Earthstone Energy Inc (NYSE MKT:ESTE) said on Friday that it has completed drilling of its The Schmale 34-20 under its first deep Pennsylvanian test in Nebraska.
Earthstone Energy Concludes Nebraska Drilling Operation
Marketwire - Fri Jul 12, 7:30AM CDT
Earthstone Energy, Inc. (NYSE MKT: ESTE) reported that the Company has concluded drilling operations on its first deep Pennsylvanian test in Cheyenne County, Nebraska. The Schmale 34-20, located in Sec 20, Township 15 North Range 47 West, Cheyenne County, Nebraska, reached a total depth of 6,550 feet. The Company and its partners have agreed to run casing in the well and perform various tests in an attempt to establish production. As previously disclosed, the Company has acquired approximately 70 square miles of 3D seismic data and 30,000 acres of leasehold; primarily in Cheyenne County. The Company anticipates drilling one or two more wells over the next 18 months to enhance its geologic model. Earthstone is the Operator of the well and has a 45% working interest in this venture.
Earthstone Energy Named Among "Top Companies" by Oil & Gas Financial Journal
Marketwire - Mon Jul 08, 7:30AM CDT
EARTHSTONE ENERGY, INC. (NYSE MKT: ESTE) reported today that the May 2013 issue of the Oil & Gas Financial Journal (OGFJ) named Earthstone among the Top Companies for the fourth calendar quarter of 2012 (the most recent data). The OGFJ ranks U.S. based, publicly traded oil and gas producers quarterly in its "OGFJ150" article. Although primarily ranked in terms of assets, companies are additionally ranked on eleven other benchmarks. While the Company was ranked 104th in terms of assets, it was ranked 7th in Return on Assets and 9th in Return on Revenue.
Earthstone Energy Inc reports drilling operations at Nebraska project
M2 - Tue Jul 02, 4:19AM CDT
Oil and gas company Earthstone Energy Inc (NYSE MKT: ESTE) announced on Monday the start of drilling operations on its first deep Pennsylvanian test in Cheyenne County, Nebraska.
