Earthstone Energy Inc - Ordinary Shares - Class A

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Earthstone Energy Announces Northern Delaware Basin Asset Acquisition For ~$604 Million

Published: 12/16/2021 13:27 GMT
Earthstone Energy Inc - Ordinary Shares - Class A (ESTE) - Earthstone Energy Announces Northern Delaware Basin Asset Acquisition for ~$604 Million.
Earthstone Energy Inc - Purchase Price of Chisholm Acquisition is Approximately $604 Million Consisting of $340 Million in Cash at Closing.
Earthstone Energy - Cash Portion of Consideration to Be Funded With Cash on Hand and Borrowings Under Co's Senior Secured Revolving Credit Facility.
Earthstone Energy Inc - Purchase Price Consists of $70 Million of Deferred Cash Due Over 12 Months & About 19.4 Million Shares of Co's Class A Common Stock.
Earthstone Energy Inc - Deal Expected to Drive Significant per Share Accretion.