diff --git a/CMakeLists.txt b/CMakeLists.txt
index c56297ecc2..24509d26c4 100644
--- a/CMakeLists.txt
+++ b/CMakeLists.txt
@@ -8,7 +8,7 @@ enable_testing()
 
 set( RES_VERSION_MAJOR 2 )   # Remember to update release notes whenever
 set( RES_VERSION_MINOR 3 )   # you change the ERT_VERSION_MINOR or MAJOR
-set( RES_VERSION_MICRO 6 )   # with "new in Ert Version X.X.X"!
+set( RES_VERSION_MICRO 7 )   # with "new in Ert Version X.X.X"!
 
 # If the micro version is not integer, that should be interpreted as a
 # development version leading towards version MAJOR.MINOR.0