Email
Print 
Bookmark
Bonanza Creek Energy, who earlier announced it was acquiring HighPoint Resources said today that its semi-annual borrowing base redetermination has been completed and re-affirmed at $260 million with $20 million drawn as of 9/30/3030
Eric Greager, President and Chief Executive Officer, commented, "We are pleased that our bank syndicate reaffirmed its commitment to Bonanza Creek. We appreciate the supportive relationships we've developed with our syndicate members and look forward to continued dialogue with the group as we continue to move toward the closing of the HighPoint transaction."
Related Categories :
Redetermination/Borrowing base
More Redetermination/Borrowing base News
-
Earthstone Energy's Credit Line Increased 21% to $1.7B
-
Silverbow's Borrowing Base Increased 48% to $775 Million
-
Amplify Energy's Borrowing Base Reaffirmed at $225MM
-
Northern Oil's Borrowing Base Raised Over 50% to $1.3 Billion
-
Earthstone's Credit Line Increased 6% to $1.4 Billion
Rockies News >>>
-
Why $90 Oil Isn’t Bringing Back the Rigs -
-
Q1 A&D Transactions Jump to $30B , While Deal Flow Was Down 40%
-
Wright to U.S. Oil Industry: The Price Signal Is Telling You to Drill
-
This Operator Will Chop it's 2026 Rig Count From 34 to 24 -
-
A Quiet Capital Pattern Is Forming in North American Upstream — and Almost No One Is Talking About It -
