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Earthstone Announces Closing Of Bighorn Acquisition And Closing Of Debt And Equity Financings

PRIVATEApr 14, 2022

Acquiring Company

Earthstone

Acquired Company

Bighorn

ManufacturingEnergyNatural Resources

Description

Earthstone Energy, Inc. (NYSE: ESTE) ("Earthstone", the "Company", "our" or "we"), today announced the closing of the acquisition of assets of privately held Bighorn Permian Resources, LLC ("Bighorn") in the Midland Basin (the "Bighorn Acquisition"). The Company also announced the closing of a $550 million private offering of senior unsecured notes (the "Notes Offering"); a $280 million private placement of equity (the "PIPE"); and an amendment to the Company's revolving credit facility (the "Credit Facility").

Quick answer

Earthstone is acquiring Bighorn, announced April 14, 2022.

How much did Earthstone pay for Bighorn?
The deal value was not disclosed.
What does Earthstone do?
Earthstone Energy, Inc. is a growth-oriented, independent energy company engaged in acquisitions and the development and operation of oil and natural gas properties.

Source: Fundz verified event record.

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Company Information

Company

Earthstone

About

Earthstone Energy, Inc. is a growth-oriented, independent energy company engaged in acquisitions and the development and operation of oil and natural gas properties. Its primary assets are located in the Permian Basin of west Texas and New Mexico. Earthstone is listed on the New York Stock Exchange under the symbol "ESTE." For more information, visit Earthstone's website at www.earthstoneenergy.com.

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Frequently asked

Who acquired Bighorn?

Bighorn was acquired by Earthstone. The deal was reported on April 14, 2022. Earthstone Energy, Inc. is a growth-oriented, independent energy company engaged in acquisitions and the development and operation of oil and natural gas properties. Earthstone is privately held and operates in Manufacturing.

When did Earthstone acquire Bighorn?

Earthstone's acquisition of Bighorn was reported on April 14, 2022. Earthstone Energy, Inc. (NYSE: ESTE) ("Earthstone", the "Company", "our" or "we"), today announced the closing of the acquisition of assets of privately held Bighorn Permian Resources, LLC ("Bighorn") in the Midland Basin (the "Bighorn Acquisition"). Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Bighorn do?

Predajca obuvi značiek Demar a Bighorn. V ponuke nájdete pánsku, dámsku a detskú obuv. Gumáky zateplené i nezateplené, lovecká obuv, poľovnícka obuv, rybárska obuv, treková obuv, pracovná obuv, zimná obuv. Veľkoobchodný i maloobchodný predaj. It is privately held.

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