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Bonanza Creek Energy completed the merger with HighPoint Resources in a $376m deal.

Synopsis

Bonanza Creek Energy, an independent energy exploration and production company, completed the merger with HighPoint Resources, an energy company based in Denver, in a $376m deal. "Today is an exciting day for Bonanza Creek. We sincerely appreciate the tireless efforts of the Bonanza Creek and HighPoint teams in getting this transaction closed. The combination creates a company of scale in the rural DJ Basin, and a business capable of delivering significant and sustainable levered free cash flow," Eric Greager, Bonanza Creek President and CEO.

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