Tuesday, July 8, 2025

Colorado Amendment 74 Would Require the State to Pay Property Owners for Lost Value, Including Destruction of Mineral Value from Proposition 112

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%

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

Wattenberg Drill Time Down to 3.4 Days for a 4,100-foot Lateral: Bonanza Creek Energy

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