Earthstone Energy First Quarter Earnings Up Nearly 52% Compared To 2009

August 13, 2010

Earthstone Energy, Inc. (OTCBB: BSIC – $1.10*) reported increased revenues and earnings for the first quarter of 2010. Revenue increased 20.8% to $1.764 million compared to $1.476 million for the same period in 2009. Net income increased 51.8% to $378 thousand or $0.02 per shares compared to $249 thousand or $0.01 per share for the […]

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Basic Earth Science Systems, Inc. Confirms Name Change to Earthstone Energy, Inc And Give Operational Update.

July 15, 2010

Basic Earth Science Systems, Inc. (OTCBB: BSIC) confirmed today that it has received formal approval from the Financial Industry Regulatory Authority (FINRA) to change its name to Earthstone Energy, Inc. However, due to a new FINRA policy effective June 1, 2010 that trading symbols can only change in the event of a merger, the trading […]

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Earthstone Energy, Inc. Reports Year End Results And Looks Forward To The Year Ahead

June 26, 2010

On the surface it would appears Earthstone Energy, Inc. (OTCBB: BSIC) showed a nice improvement in earnings for Fiscal 2010 when compared to fiscal 2009 with a 77.9% increase in net income from $578,000 in 2009 to $1,028,000 in 2010. However, 2009 included a charge of $2,694,000 for impairment of oil and gas properties due […]

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