Forward-looking statements also include comments regarding the future importance of newly acquired, proposed, drilled or recompleted wells, the future success of efforts to reduce water production, disposal costs and/or restoring production, acquire other properties in the area and utilize or monetize capital assets. Factors that could cause actual results to differ materially include availability of rigs and services, price volatility of oil and gas, estimated production rates and adjustments to ownership percentages in addition to economic and political events affecting supply and demand for oil and gas, loss of customers for oil and gas production and government regulations. These and other factors are discussed in more detail in Earthstone's filings with the Securities and Exchange Commission, including the Company's Annual Report on Form 10-K filed for March 31, 2010. The Company disclaims any obligation to update forward-looking statements.