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Bonanza Creek is no longer in compliance with certain continued listing standards of the NYSE.
The Company's 30-day average closing share price as of November 22, 2016 was $0.99, in violation of the listing standard that a company's 30-day average closing share price to remain above $1.00.
The Company was notified of a similar violation in August, which was cured on September 30, 2016. The company intends on regaining compliance in the near future.
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