Bonanza Creek Energy, Inc. is an independent oil and natural gas Company engaged in the acquisition, exploration, development and production of onshore oil and associated liquids-rich natural gas in the United States. The Company’s assets and operations are concentrated primarily in the Rocky Mountains in the Wattenberg Field, focused on the Niobrara oil shale, and in southern Arkansas, focused on the oily Cotton Valley sands. The Company’s common shares are listed for trading on the NYSE under the symbol: “BCEI.”Our operations are focused in the Wattenberg Field in the DJ Basin of Colorado and the Cotton Valley sands of southern Arkansas. The low risk, oily, and stable production profile of our Arkansas assets provides a strong cash flow base from which to develop the Niobrara and Codell formations in Colorado, the growth engine of the company. Our corporate strategy is to aggressively create shareholder value by increasing production in our current assets, while opportunistically seeking strategic acquisitions in other high return basins across the United States. Bonanza Creek maintains high working interest in its properties and operates all of its proved reserves.Our technical staff of geologists, petroleum engineers, and geophysicists have decades of industry experience and are experts in horizontal drilling and fracture stimulation. We are dedicated throughout the organization to safety and environmental responsibility.
Company Name | Bonanza Creek Energy, Inc |
Business Category | Oil & Gas |
Address | 410 17th Street Suite 1400 Denver Colorado United States ZIP: 80202 |
President | Richard Carty |
Year Established | 1999 |
Employees | 500 |
Memberships | NA |
Hours of Operation | NA |
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Website | Locked content |