Bonanza Creek Continues D-J Basin Consolidation with Crestone Peak Deal
Transaction Type
Buyers
Basin
D-J Basin
Announce Date
Post Date
Close Date
Estimated Price
$1,310.0MM
Description
Acquired privately held Crestone Peak in an all-stock transaction; pro forma company will operate across more than half a million net acres in the D-J Basin with estimated production base of approximately 160,000 boe/d and year-end 2020 proved reserves of more than 530 million boe.