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EX-99.1 - PRESS RELEASE - EARTHSTONE ENERGY INCex_99-1.htm


UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
 
FORM 8-K
 
 
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
 
Date of Report (Date of earliest event reported): November 13, 2009
 
Commission File Number: 0-07914
 
 
BASIC EARTH SCIENCE SYSTEMS, INC.
(Exact name of registrant as specified in its charter)
 
 
     
Delaware
 
84-0592823
(State or other jurisdiction of
incorporation or organization)
 
(I.R.S. Employer
Identification Number)
 
     
633 17th Street, Suite 1645
Denver, Colorado
 
80202
(Address of principal executive offices)
 
(Zip Code)
 
(303) 296-3076
(Registrant telephone including area code)
 
Check the appropriate item below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
 
¨
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
¨
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
¨
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
¨
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

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Item 8.01 - Other Items 
 
    On February 11, 2010, Basic Earth Science Systems, Inc. issued the press release attached as Exhibit 99.1 announcing that on November 13, 2009 its Board of Directors authorized an increase under the Company's share repurchase program from 500,000 to 1,500,000 shares, and on February 10, 2010, the Board extended the termination date of the program from April 22, 2010 to October 22, 2011.
 
Item 9.01 - Exhibits
 
(d) Exhibits.
 
     
Exhibit No.
 
Description
 
Press Release dated February 11, 2010
 
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SIGNATURE
 
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized.
 
  BASIC EARTH SCIENCE SYSTEMS, INC.
      
Date: February 11, 2010
By: /s/ Ray Singleton  
  Ray Singleton, President