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We consent to the incorporation by reference in this Registration Statement (Form S-3) of Earthstone Energy, Inc. of our reports dated March 10, 2021, relating to the consolidated financial statements and the effectiveness of internal control over financial reporting of Earthstone Energy, Inc., which reports appear in the Form 10-K of Earthstone Energy, Inc. for the year ended December 31, 2020, and to the reference to our firm under the heading “Experts” in the Prospectus, which is part of this Registration Statement.