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Bonanza Creek Gets 20% More Cumulative Production on Wattenberg Wells
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Bonanza Creek Energy, Inc. has announces its third quarter 2015 financial and operating results, and also announces it has entered into an agreement to divest its Rocky Mountain Infrastructure subsidiary.
Third Quarter 2015 ResultsFor the third quarter of 2015, the Company reported average quarterly daily production of 29.0 Mboe per day, a 14% increase from the third quarter of 2014 (5% increase adjusted for estimated 3-stream volumes), and a 4% sequential increase from the second quarter of 2015. Product mix for the quarter was unchanged from the previous quarter at 59% oil, 17% NGLs, and 23% natural gas.
Rocky Mountain Region – Wattenberg Horizontal Development During the quarter, the Company tied 24 gross (20 net) horizontal wells into sales, consisting of 14 net standard reach…- ✓ Full news archive — U.S., Canada & international coverage
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