Operator
Bonanza Creek Energy, Inc.
77 articles mentioning Bonanza Creek Energy, Inc. · Page 2 of 4
Bonanza Creek Talks Q2 2019 Results
Bonanza Creek Energy, Inc. reported its second quarter 2019 financial results and operating outlook. Highlights of the Q2 2019 include: Increasing 2019 annual production guidance to a range of 22.0 to 24.0 MBoe/d following strong second...
Bonanza Creek Details Q2 Production Rates; Up 36% YOY at 24.4 MBOEPD
Bonanza Creek Energy has detailed a preliminary update on its 2Q production and operations. Q2 production increased 36% YOY to approximately 24.4 MBOEPD, with oil representing 62% and liquids representing 78% of total sales volumes Second...
Bonanza Creek's Borrowing Base Increased to $375MM
Bonanza Creek Energy Inc. reported that the lenders under its senior secured credit facility have concluded their semi-annual redetermination, resulting in an increase in the borrowing base to $375 million from $350 million. While the bank...
Bonanza Creek Completions Up +175% YOY; New High Intensity Stimulations
Bonanza Creek Energy Inc. reported its Q1 2019 results. Highlights from its report and presentation are below. Q1 Summary - Well Activity (gross): Drilled 13 wells / TIL 22 wells in Q1 - down -27% and...
2019 Capex / Production Comparison YOY: DJ Basin
As E&Ps begin to release 2019 operating plans, Shale Experts is taking a look at how the spending and production is changing YOY. We looked at major operators in the DJ Basin below. *Several companies have...
Bonanza Creek Cuts Capex 15% for 2019; Drilling Activity Cut 40%
Bonanza Creek Energy Inc. has detailed its initial 2019 guidance. 2019 Guidance 2019 Capex: $230 to $255 million (down -12% at the midpoint from 2018) 2019 Production Guidance: 20-24 MBOEPD Well Plans: Drill 59 (38.6 net)...
Bonanza Creek Tightens Spacing at Legacy Niobrara Asset; Talks French Lake Results
Bonanza Creek Energy reported its Q3 2018 results. Production Highlights: - Third quarter sales volumes averaged 17.7 MBoe/d - at midpoint of guidance (this is relatively flat from 2Q18 and up +12% YOY) - During Q3,...
Bonanza Creek Brings On SRC Energy Exec as New CFO
Bonanza Creek Energy has hired Brant H. DeMuth as Chief Financial Officer. Mr. DeMuth's appointment as Executive Vice President and Chief Financial Officer will take effect on November 14, 2018. He will be assuming the role...
Bonanza Creek Touts First Enhanced XRL Completions in Q2; Ups Rig Count
Bonanza Creek reported its Q2 2018 results. First Enhanced Completion XRL Wells Bonanza Creek has detailed its results from its first enhanced completion XRL wells on its J21 and T21 well pads - which have improved...
Bonanza Creek Touts Pad Drilling Results, XRL Wells in Q1
Bonanza Creek Energy reported its Q1 2018 results including pad drilling and production results from its DJ Basin Niobrara Shale program in the Rocky Mountain region of Colorado.
New CEO Takes Helm of Bonanza Creek
Bonanza Creek has brought on Eric T. Greager as its new CEO. 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...
Bonanza Creek's Latest Slickwater Design Pays Off; Larger Completions Planned
Bonanza Creek Energy has reported its 2017 results. The DJ Basin / Wattenberg-focused company exceeded its production guidance for the year as well as detailed its latest pad drilling well results, touting a new slickwater design.
Rockies Operator Bolsters Budget +140% for 2018; IDs Capex, Drilling Plans
Bonanza Creek reported a preliminary Q4 update as well as its 2018 budget outlook. 2018 Plans: - 2018 Capex: $280-320 million (up +140% at the midpoint from the $125 million spent in 2017) D&C: $240-270 million...
Corporate Raider Ichan Kills Sandridge / Bonanza Creek Deal
SandRidge has ditched its planned acquisition of Bonanza Creek, coming to this decision after consulting with its largest shareholders. According to the release, the decision was unanimously approved by the SandRidge board. As part of the...
Bonanza Creek's New Design Outperforms Type Curve, Increases Oil Recovery
Bonanza Creek reported its Q3 2017 results. Highlights include: Q3 production volumes averaged 15.8 MBoe per day (flat compared to Q2 2017) Production Rates Grow with Enhanced Completions Completed its first pad of four DUC wells...
Bonanza Creek Increases Drilling, Cuts Costs in 2Q
Bonanza Creek has released its 2Q 17 financial and operational updates. Highlights include: The company reported an average daily production of 15.9 MBoe/dNet revenue was $44.1 million- 74% from oil.The compnay completed its first pad of...
Bonanza Creek IDs 2017 Budget
This follows the company's emergence from bankruptcy, which it initially filed in December 2016.
Bonanza Creek President & CEO Resigns
Bonanza Creek's President and CEO Richard J. Carty has resigned.
Back From the Dead; DJ Basin Operator Prepping to Add Rigs
On April 28, 2017 Bonanza Creek Annouced that the company had emerged from bankruptcy. The company was able to restructure some $886 million. Upon emergency, the company has now entered into a new $192 credit facility...
Bonanza Creek to List Stock on NYSE Post-Bankruptcy
Assuming the Effective Date occurs on Friday, April 28, 2017, trading in the New Common Shares is expected to commence on Monday, May 1, 2017.