Bonanza Creek Energy Borrowing Base Elevated to $375 Million
May 16, 2019
Bonanza Creek Energy Announces Results of Borrowing Base Redetermination and Participation in Upcoming Investor Conference
Colorado Amendment 74 Would Require the State to Pay Property Owners for Lost Value, Including Destruction of Mineral Value from Proposition 112
October 4, 2018
Paying for economic damage: proposed Amendment 74 ensures that state and local governments that cause reduction in private property value must pay for what they take Colorado’s Proposition 112—the proposed mandatory 2,500-foot setback for new oil and gas development—has been getting the bulk of the attention in the energy industry. But there is another ballot proposal that would affect mineral
Bonanza Creek Energy Bumps XRL Type Curves by 35%
May 9, 2018
Bonanza Creek Energy, Inc. (ticker: BCEI) posted a net income of $13.9 million, or $0.68 per share for the first quarter of 2018. Last year, the company had a net loss of $94.3 million, or $(1.91) per diluted share – the net loss in Q1 2017 was driven by reorganization items of $89.0 million, Bonanza Creek said. Exceeding its original
Bonanza Creek: Enhanced Completions Throughout Acreage, 2018 CapEx of $280 Million – $320 Million
March 15, 2018
Bonanza Creek Energy (ticker: BCEI) reported a net loss for Q4 2017 of $5.8 million, or $(0.28) per diluted share. For 2017, the company posted a net loss of $2.4 million. Production in the fourth quarter of 2017 reached 14.8 MBOEPD and Bonanza Creek averaged production of 16 MBOEPD for 2017. The company spent approximately $110 million in 2017 and
Wattenberg Drill Time Down to 3.4 Days for a 4,100-foot Lateral: Bonanza Creek Energy
November 9, 2017
Production from enhanced completions is outperforming offset wells by ~40% Bonanza Creek Q3 production volumes averaged 15.8 MBoe per day Bonanza Creek Energy, Inc. (ticker: BCEI) said that its enhanced completions and reduced cycle times are adding to top tier operational results in Q3, paving the way for development through 2018. Seth Bullock, Interim CEO commented, “I am pleased to announce
