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Earthstone Energy Inc.

Spud 5 gross / 3.7 net additional operated wells

Deadline passed; outcome being checked

Announced
2 Feb 2021
Due
31 Dec 2021
Status
Checking
  • Deadline
  • Met
  • Late
  • Not met
  • Today

What the company said

“spudding an additional 5 gross / 3.7 net operated wells.”

What we found

The deadline has passed. We check for public evidence starting 30 days after the deadline, and repeat the check if nothing clear turns up.

Commitment lineage

Every time the company restated this commitment. The original is never changed, and the outcome is always measured against version 1.

  • 3 versions
  1. Version 1 · original · stated 2 Feb 2021

    Deadline 31 Dec 2021 (“full year 2021”) · target 5 gross wells

  2. Version 2 · stated 10 Mar 2021

    Deadline 31 Dec 2021 (“during 2021”) · target 16 wells · wording expected

    “the Company anticipates drilling 16 gross / 14.8 net operated wells and spudding an additional 5 gross / 3.7 net operated wells during 2021.”

    Source for this version

  3. Version 3 · stated 10 Mar 2021

    Deadline 31 Dec 2021 (“during 2021”) · target 5 wells · wording expected

    “the Company anticipates drilling 16 gross / 14.8 net operated wells and spudding an additional 5 gross / 3.7 net operated wells during 2021.”

    Source for this version

Commitment DNA

The structured record of this commitment. Fields the company did not state are left blank rather than guessed.

Event type
Project other
Indicative materiality
Low rules
Action
Spud
Deliverable
5 gross / 3.7 net operated wells
Target
5 gross wells
In the company’s control
High
Specificity
High

How this entry was checked

  1. Commitment recordedThe company's words were matched word for word against the filing.
  2. OutcomeNot yet assessed. Nothing is judged before the deadline.

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Report an error in this entry Reference: KI-C-2021-C010254-022790 · Corrections policy

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