Latham & Watkins Advises the Initial Purchasers in Earthstone Energy’s US$550 Million Private Offering

Earthstone Energy, Inc. (NYSE: ESTE), has announced that its subsidiary, Earthstone Energy Holdings, LLC (EEH), has priced its previously announced private offering of US$550 million aggregate principal amount of 8% senior notes due 2027 at par.

Latham & Watkins LLP represents the initial purchasers in the transaction with a corporate deal team led by Austin partners Michael Chambers and David Miller, and Houston partner Monica White, with Houston associate Michael Pascual, Austin associate David Socol de la Osa, Houston associate Dylan White and Houston associate Wole Oluborode. Advice was also provide on tax matters by Houston partner Bryant Lee, with Houston associates Michael Rowe and Dylan White; and on environmental matters by Los Angeles counsel Joshua Marnitz.