Bonanza Creek Energy Inc.

DENVER, April 27, 2018 -- Bonanza Creek Energy Inc. announces that it is scheduled to release its first quarter 2018 operating and financial results after market close on May 8, 2018 and will host a conference call to discuss these results on May 9, 2018 at 9:00 a.m. Mountain Time . A live webcast and replay of this event will be available on the [...]

DENVER, April 05, 2018 -- Bonanza Creek Energy Inc. today announces the hiring of Eric T. Greager as Chief Executive Officer. Mr. Greager’s appointment as President and Chief Executive Officer will take effect on April 11, 2018. He will be assuming the role from R. Seth Bullock, a managing director of Alvarez & Marsal, who has served as the [...]

Quarterly GAAP cash flow from operating activities of $16.2 million; adjusted EBITDAX of $21.6 million; GAAP net loss of $0.28 per diluted share; adjusted net income of $0.40 per diluted share 2017 all-in finding and development costs of $7.46 per Boe Slick-water completion test is outperforming offset wells and expectations Non-GAAP measure, see [...]

Accelerating development program in the second half of 2018 Expected Rockies production growth of 20% in 2018 and in excess of 50% in 2019 Fourth quarter 2017 production of 14.8 MBoe per day, exceeds the high end of previous Company guidance Year-end 2017 proved reserves increased 13% to 102.0 MMBoe Enhanced completions continue to outperform [...]

DENVER, Dec. 28, 2017 -- Bonanza Creek Energy Inc. announces that it has agreed to terminate its previously announced agreement to merge with SandRidge Energy, Inc. . After consultation with SandRidge’s largest shareholders, SandRidge’s Board of Directors concluded that it would not receive approval for the transaction at its planned [...]

OKLAHOMA CITY, Dec. 11, 2017 /PRNewswire/ -- SandRidge Energy, Inc. today issued a letter to shareholders highlighting the benefits of the acquisition of Bonanza Creek Energy Inc. . The Company also announced that it will file a registration statement on Form S-4 today, which will communicate the strategic rationale behind the proposed acquisition [...]

Company Reaffirms Commitment to Merger With Bonanza Creek Energy Inc. OKLAHOMA CITY, Nov. 27, 2017 /PRNewswire/ -- SandRidge Energy, Inc. today announced that its Board of Directors has unanimously adopted a short-term shareholder rights plan . The Rights Plan is designed to protect our shareholders' right to vote, on a fully informed basis, on the [...]

Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC are investigating the proposed sale of Bonanza Creek Energy to SandRidge Energy. Under the terms of the proposed transaction, shareholders of Bonanza will receive only $19.20 in cash and $16.80 in SandRidge stock, subject to a collar, for each [...]

- Adds 67,000 contiguous net acres in the oil window of DJ Basin - Significantly increases inventory of high return, oil-weighted drill-ready projects - Expected to be accretive to cash flow beginning in 2018 - Maintains low pro forma leverage and strong balance sheet OKLAHOMA CITY and DENVER, Nov. 15, 2017 /PRNewswire/ -- SandRidge Energy (NYSE [...]

Bonanza Creek Energy today announces its third quarter 2017 financial results and operating outlook and has posted an updated investor presentation on its corporate website. Seth Bullock, Interim CEO commented, "Our third quarter operations program was very encouraging with great production results from our enhanced completions and record drill [...]