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Re: None

Monday, 08/17/2015 12:19:30 PM

Monday, August 17, 2015 12:19:30 PM

Post# of 416
ESTE made excellent progress on LOE/BOE, which we calculate at $10.72 for the quarter compared to our projection of $11.00 and a meaningful reduction from the $12.99 in 1Q 2015. ESTE missed on EPS, reporting a loss of ($0.05) versus our expectation of $0.03, primarily due to higher DD&A.

Purely My Own Opinion. Do Your Own Due Diligence.

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