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home / news releases / bonanza creek completes its merger with highpoint re

BCEI - Bonanza Creek Completes Its Merger With HighPoint Resources

Bonanza Creek Energy Inc.
  • Bonanza Creek has completed its merger with HighPoint Resources.
  • Production is lower than previously expected in the near term as some of HighPoint's completions were delayed until post-merger.
  • Production should increase later in 2021 and Bonanza Creek is projected to end 2021 with under $50 million in net debt.
  • Shares appear to be reasonably priced for a longer-term $50 to $55 WTI oil environment.

For further details see:

Bonanza Creek Completes Its Merger With HighPoint Resources
Stock Information
Company Name: Bonanza Creek Energy Inc.
Stock Symbol: BCEI
Market: NYSE
Website: bonanzacrk.com
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