By Denver Business Journal

Oil and gas company Earthstone Energy Inc., formerly known as Basic Earth Science Systems Inc., on Monday said its stock has been approved for trading, starting Jan. 26, on the NASDAQ Capital Market under stock symbol ESTE.

Earthstone (OTC Bulletin Board: BSICD) is based in Denver. The ⿿D⿝ was added to the company⿿s trading system for 20 days following the company⿿s reverse stock split on Jan. 3.

⿿Achieving a national securities exchange listing was a key goal for Earthstone and I am delighted that our stock will begin trading on the NASDAQ Capital Market,⿝ Ray Singleton, Earthstone⿿s president, said in a statement. ⿿NASDAQ was a logical next step for us and we are honored to attain this listing. We believe that the NASDAQ listing should enable us to increase the trading liquidity of our stock, broaden our shareholder base and raise our profile in the investment community.⿝

Earthstone operates oil and gas wells in Coloradoâ¿¿s Denver-Julesburg Basin north and east of Denver, the Williston Basin in eastern Montana, western North and South Dakota, southern Texas and the Gulf Coast area.

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