Dec 17 (Reuters) - Lynden Energy Corp LVL.V :
* Earthstone energy, inc. announces entry into the Midland basin through an
all-stock acquisition of Lynden Energy Corp
* Says Earthstone will issue a total of approximately 3.7 million shares of
common stock to Lynden stockholders
* Says stockholders of Earthstone and Lynden are expected to own about 79% and
21%, respectively, of combined co on fully diluted basis
* Says boards of directors of both companies have unanimously approved the
agreement
* Source text for Eikon ID:nMKWp1ltSa
* Further company coverage LVL.V