Earthstone Energy to Participate in Upcoming Investor Conferences

Earthstone Energy, Inc. ESTE ("Earthstone" or the "Company"), today announced that the Company's management will participate in two upcoming investor conferences. Robert Anderson, President and Mark Lumpkin, Jr., Executive Vice President & Chief Financial Officer will be meeting with investors at the 2018 RBC Capital Markets Global Energy and Power Executive Conference to be held in New York City on June 5-6. Also, Mr. Lumpkin and Scott Thelander, Director of Finance, will be meeting with investors at the Wells Fargo Securities West Coast Energy Conference to be held in San Francisco on June 12-13.

About Earthstone Energy, Inc.

Earthstone Energy, Inc. is a growth-oriented, independent energy company engaged in developing and operating oil and gas properties. The Company's primary assets are located in the Midland Basin of west Texas and the Eagle Ford trend of south Texas. Earthstone is listed on NYSE under the symbol "ESTE." For more information, visit the Company's website at www.earthstoneenergy.com.

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