One-Page Deal Sheet
Bonanza Creek to Acquire HighPoint Resources in $376MM Merger
Bonanza Creek Energy, Inc. HighPoint Resources
Announced Date
November 09,2020
Effective Date
April 01,2021
Close Date
April 01,2021
Transaction Type
Corporate
Enterprise Value (EV)($MM)
376
Asset/Basin:
["DJ Basin"]
TargetZones:
["Niobrara", "Codell
Net Acres
Proved Reserves
Location
Calculated Metrics( EV/Category)
Region
Rockies - DJ Basin
Country
United States
State
Colorado
County
Weld
Play
Production & Reserves Production
Production Mix
Reserves
Calculated Metrics( EV/Category)
$/ Flowing
$/ Acre
Transaction Details: Subscribe to see
Bonanza Creek Energy, Inc. and HighPoint Resources Corp. have entered into a definitive merger agreement to combine Bonanza Creek and HighPoint in a transaction valued at approximately $376 million.
The transaction has been unanimously approved by the board of directors of each company.
HighPoint Assets: Net Acreage: 142,600 Q2 Net Production: 2.8 MMBOE (~31,100 boepd) Proved Reserves: 127.4 MMBOE Pro-Forma highlights of the transaction include: Materially increases Bonanza Creek's scale based on expected pro forma fourth quarter production of 50,000 Boe/d (53% oil) and a rural Weld…Rockies - DJ Basin Deal Activity In Last 12 Months
| Announced Date | Buyer | Seller | Deal Value($mm) | Location | Category |
|---|---|---|---|---|---|
| Dec-18-2025 |
-  |
- |
Click here | Colorado | E&P |
| Nov-03-2025 |
- |
- |
Click here | Texas | E&P |
| Jan-11-2024 |
- |
- |
Click here | Colorado | E&P |
| Sep-06-2022 |
- |
- |
Click here | E&P | |
| Feb-28-2022 |
- |
- |
Click here | Colorado | E&P |
| Date | Deal Headline | Price | $/acre |
|---|---|---|---|
| Dec-18-2025 | JAPEX Secures First U.S. Operated Position in $1.26B DJ Basin Acquisition of Verdad Resources | - |
- |
| Jan-11-2024 | Prairie Operating Bolt-On DJ Basin Assets From Nickel Road | - |
- |
| Feb-28-2022 | PDC Acquires DJ Basin E&P Great Western in $1.3B Deal | - |
- |