Bonanza Creek

Baytex To Appoint Eric Greager as President and CEO

Retrieved on: 
Tuesday, October 11, 2022
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Calgary, Alberta--(Newsfile Corp. - October 11, 2022) - Baytex Energy Corp. (TSX: BTE) today announced that Eric Greager is to be appointed President and Chief Executive Officer and a member of the Board of Directors.

Key Points: 
  • Calgary, Alberta--(Newsfile Corp. - October 11, 2022) - Baytex Energy Corp. (TSX: BTE) today announced that Eric Greager is to be appointed President and Chief Executive Officer and a member of the Board of Directors.
  • "On behalf of the Board, I am pleased to welcome Eric to the Baytex team.
  • He brings a strong track record of operational and financial success, and is an excellent leader recognized for building engaged and empowered organizations," said Mark Bly, Baytex Board Chair.
  • Mr. Greager is an accomplished energy executive with 30 years of operational and management experience.

ROYAL CANADIAN MINT PAYS TRIBUTE TO CANADA'S MINING HERITAGE BY LAUNCHING KLONDIKE-THEMED GOLD BULLION COIN AT PDAC 2022

Retrieved on: 
Monday, June 13, 2022
Prospectors, Mining, Prospectors & Developers Association of Canada, Facebook, Bonanza Creek, Royal Canadian Mint, Indigenous, Multimedia, Method, Gold, PDAC, Twitter, Association, Instagram, View, Klondike Gold Rush, History of Yukon, Cryptocurrency, Crown, Mint

OTTAWA, ON, June 13, 2022 /PRNewswire/ - The Klondike Gold Rush, a turning point in Canadian mining history, and the prospecting methods used to find gold first discovered in Yukon's famed Bonanza creek in 1896, are being remembered on a new Royal Canadian Mint 99.999% (5-9s) pure gold bullion coin.

Key Points: 
  • OTTAWA, ON, June 13, 2022 /PRNewswire/ - The Klondike Gold Rush, a turning point in Canadian mining history, and the prospecting methods used to find gold first discovered in Yukon's famed Bonanza creek in 1896, are being remembered on a new Royal Canadian Mint 99.999% (5-9s) pure gold bullion coin.
  • This bullion coin, made of the world's purest gold, was launched today in Toronto, Ontario, at PDAC 2022, the world's premier mineral exploration and mining conference hosted by the Prospectors and Developers Association of Canada.
  • It is on display at the Royal Canadian Mint booth and will soon be available through the Mint's network of official bullion distributors.
  • The Royal Canadian Mint is the Crown corporation responsible for the minting and distribution of Canada's circulation coins.

Civitas Closes Bison Acquisition

Retrieved on: 
Tuesday, March 1, 2022
Oil, Gas, Energy, Private Securities Litigation Reform Act, Public expenditure, Leadership, Recurrence, Accretion (finance), Employment, G&A, Weather, Policy, Industry, Bonanza Creek, Form S-4, Forward-looking statement, Risk, Securities Exchange Act of 1934, Safety, U.S. Securities and Exchange Commission, Bo Andersson (businessman), Crestone Peak, LLC, Hand, NYSE, SEC, Company, COVID-19, Terrorism, Securities Act of 1933, Form, Bracewell LLP, Natural borrowing limit, Acquisition, Transaction, Tax, EBITDA, LLP, Extraction, RBC Capital Markets, Natural gas, Kirkland & Ellis, Bracewell, Federal Lands Jobs and Energy Security Act, PPM America, Inc., Transport, Carbon, Water, Sumathi Best Television Current Reporting Award, CIVI, Oil, Risk management, Bison, Civitas

Civitas Resources, Inc. (NYSE: CIVI) (Civitas or the Company), a Colorado energy leader and the states first carbon neutral oil & gas producer, today announced that it has closed its previously announced acquisition of privately held Denver-Julesburg Basin (DJ Basin) operator Bison Oil & Gas II, LLC (Bison).

Key Points: 
  • Civitas Resources, Inc. (NYSE: CIVI) (Civitas or the Company), a Colorado energy leader and the states first carbon neutral oil & gas producer, today announced that it has closed its previously announced acquisition of privately held Denver-Julesburg Basin (DJ Basin) operator Bison Oil & Gas II, LLC (Bison).
  • Consideration for the Bison acquisition was modified to reflect an all-cash transaction (no Civitas shares issued), with a total cash outlay by the Company of approximately $300 million, which was funded with cash on hand.
  • Strengthens Civitas portfolio by adding 102 gross high-quality rural locations, of which 38 are already fully permitted
    Enhances Civitas margins with pro forma 2022E production increase of approximately 9,000 Boed composed of 75% oil and 90% liquids, without incremental G&A expense
    Accretive to Civitas Net Asset Value, 2022E production, EBITDA and Free Cash Flow
    Preserves Civitas fortress balance sheet, with pro forma net leverage of 0.2x
    Civitas will integrate the Bison properties under its net zero policy, further reducing basin emissions
    (1) Based on strip pricing as of February 25th, 2022
    Ben Dell, Civitas Chairman and interim CEO, commented: Civitas continues to demonstrate its commitment to delivering unprecedented value to all of its stakeholders.
  • Petrie Partners, LLC and RBC Capital Markets, LLC served as financial advisors and Kirkland & Ellis LLP served as legal advisor to Civitas.

Civitas Reschedules Fourth Quarter 2021 Earnings Release Date and Conference Call

Retrieved on: 
Thursday, February 24, 2022
Oil, Gas, Energy, Form S-4, Carbon, Extraction, Employment, Natural gas, Risk, Transaction, Securities Exchange Act of 1934, Water, Natural borrowing limit, Public expenditure, U.S. Securities and Exchange Commission, Tax, COVID-19, Industry, Company, Private Securities Litigation Reform Act, Safety, Transport, Form, Bonanza Creek, Recurrence, Weather, Leadership, Securities Act of 1933, Forward-looking statement, Crestone Peak, Sumathi Best Television Current Reporting Award, Federal Lands Jobs and Energy Security Act, Terrorism, SEC, Oil, Civitas

The Company is committed to pursuing compelling economic returns and cash flow while delivering best-in-class cost leadership and capital efficiency.

Key Points: 
  • The Company is committed to pursuing compelling economic returns and cash flow while delivering best-in-class cost leadership and capital efficiency.
  • Civitas is dedicated to safety, environmental responsibility, and implementing industry leading practices to create a positive local impact.
  • For more information about Civitas, please visit www.civitasresources.com .
  • Civitas undertakes no duty to publicly update these statements except as required by law.

Civitas Announces DJ Basin Acquisition and Concurrent CEO Transition

Retrieved on: 
Tuesday, February 1, 2022
Energy, Other Energy, Environment, Oil, Gas, Transaction, Public expenditure, Leadership, Safety, Private Securities Litigation Reform Act, Natural gas, Forward-looking statement, Water, Terrorism, Form S-4, SEC, Bonanza Creek, Form, Natural borrowing limit, Carbon, U.S. Securities and Exchange Commission, Extraction, Securities Act of 1933, COVID-19, Transport, Recurrence, Employment, Company, Risk, Tax, Federal Lands Jobs and Energy Security Act, Weather, Securities Exchange Act of 1934, Industry, Crestone Peak, Sumathi Best Television Current Reporting Award, Oil, Civitas

Civitas Resources, Inc. is Colorados first carbon neutral oil & gas producer and is focused on developing and producing crude oil, natural gas and natural gas liquids in Colorados Denver-Julesburg Basin.

Key Points: 
  • Civitas Resources, Inc. is Colorados first carbon neutral oil & gas producer and is focused on developing and producing crude oil, natural gas and natural gas liquids in Colorados Denver-Julesburg Basin.
  • The Company is committed to pursuing compelling economic returns and cash flow while delivering best-in-class cost leadership and capital efficiency.
  • Civitas is dedicated to safety, environmental responsibility, and implementing industry leading practices to create a positive local impact.
  • For more information about Civitas, please visit www.civitasresources.com .

Civitas Announces Acceleration of Capital Return to Stockholders and Provides Fourth Quarter 2021 Guidance

Retrieved on: 
Thursday, November 4, 2021
Oil, Gas, Energy, Safety, Recurrence, Securities Act of 1933, Extraction, Industry, Carbon, Public expenditure, Form S-4, Natural borrowing limit, Transport, Private Securities Litigation Reform Act, Weather, Sumathi Best Television Current Reporting Award, SEC, Leadership, Forward-looking statement, U.S. Securities and Exchange Commission, COVID-19, Versata Development Group, Inc. v. SAP America, Inc., Crestone Peak, Federal Lands Jobs and Energy Security Act, Acquisition, Bonanza Creek, Employment, Risk, Terrorism, Securities Exchange Act of 1934, Tax, Natural gas, Water, Form, Oil

The company is committed to pursuing compelling economic returns and cash flow while delivering best-in-class cost leadership and capital efficiency.

Key Points: 
  • The company is committed to pursuing compelling economic returns and cash flow while delivering best-in-class cost leadership and capital efficiency.
  • Civitas is dedicated to safety, environmental responsibility, and implementing industry leading practices to create a positive local impact.
  • For more information about Civitas, please visit www.civitasresources.com .
  • Civitas undertakes no duty to publicly update these statements except as required by law.

Bonanza Creek and Extraction Announce Closing of Merger and Subsequent Acquisition of Crestone Peak

Retrieved on: 
Monday, November 1, 2021
Oil, Gas, Energy, Safety, BCEI, Extraction, Carbon, Foreign policy, Security (finance), XOG, NASDAQ, U.S. Securities and Exchange Commission, ESG, NYSE, Leadership, Crestone, Board, CEO, Crestone Peak, Policy, Acquisition, Bonanza Creek, Heart, Management

Bonanza Creek Energy, Inc. (NYSE: BCEI) ("Bonanza Creek" or the Company) and Extraction Oil & Gas, Inc. (NASDAQ: XOG) (Extraction) today announced the closing of their merger and subsequent acquisition of Crestone Peak Resources (Crestone Peak).

Key Points: 
  • Bonanza Creek Energy, Inc. (NYSE: BCEI) ("Bonanza Creek" or the Company) and Extraction Oil & Gas, Inc. (NASDAQ: XOG) (Extraction) today announced the closing of their merger and subsequent acquisition of Crestone Peak Resources (Crestone Peak).
  • The transactions were overwhelmingly approved, with over 99.9% of the votes cast by Bonanza Creek stockholders and over 99.9% of the votes cast by Extraction stockholders voting in favor.
  • Upon closing, Civitas became the largest pure-play energy producer in Colorados DJ Basin, and the states first carbon neutral oil and gas company.
  • The Civitas board of directors is now composed of nine members, four from legacy Bonanza Creek, four from legacy Extraction and one representative from legacy Crestone.

Extraction Provides Preliminary Financial And Operational Results for Third-Quarter 2021

Retrieved on: 
Thursday, October 28, 2021
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DENVER, Oct. 28, 2021 (GLOBE NEWSWIRE) -- Extraction Oil & Gas, Inc. (NASDAQ: XOG) (Extraction or the Company) today reported certain preliminary financial and operational results for the third quarter of 2021.

Key Points: 
  • DENVER, Oct. 28, 2021 (GLOBE NEWSWIRE) -- Extraction Oil & Gas, Inc. (NASDAQ: XOG) (Extraction or the Company) today reported certain preliminary financial and operational results for the third quarter of 2021.
  • Transportation and gathering expense was $20.8 million ($3.05/Boe) compared to $50.2 million ($6.26/Boe) for the same time period.
  • Extraction ended the third quarter with $95 million of cash and cash equivalents on its balance sheet and no borrowings outstanding under its revolving credit facility.
  • Extraction Oil & Gas is a Denver-based independent energy company differentiated by its financial, operational and governance model.

SHAREHOLDER INVESTIGATION: Halper Sadeh LLP Investigates ESBK, TGP, XOG, SAFM; Shareholders are Encouraged to Contact the Firm

Retrieved on: 
Thursday, October 7, 2021
NASDAQ, Sanderson Farms, ContiGroup Companies, Fraud, XOG, GLOBE, Teekay, Bonanza Creek, Community Bank, N.A., SAFM, Advertising, NYSE, Extraction, Cargill, Sale, Security (finance)

If you are a Teekay LNG shareholder, click here to learn more about your rights and options .

Key Points: 
  • If you are a Teekay LNG shareholder, click here to learn more about your rights and options .
  • Halper Sadeh LLP may seek increased consideration, additional disclosures and information concerning the proposed transaction, or other relief and benefits on behalf of shareholders.
  • Shareholders are encouraged to contact the firm free of charge to discuss their legal rights and options.
  • Halper Sadeh LLP represents investors all over the world who have fallen victim to securities fraud and corporate misconduct.

SHAREHOLDER INVESTIGATION: Halper Sadeh LLP Investigates XOG, SBKK, HBMD, VNE, MDLA, SAFM; Shareholders are Encouraged to Contact the Firm

Retrieved on: 
Wednesday, October 6, 2021
ContiGroup Companies, Extraction, Sanderson Farms, Cargill, Sale, Suncrest, NASDAQ, Medallia, Veoneer, CVB, Fraud, Advertising, F.N.B. Corporation, Thoma Bravo, FNB, NYSE, Bonanza Creek, OTCQX, Security (finance)

If you are an Extraction Oil shareholder, click here to learn more about your rights and options .

Key Points: 
  • If you are an Extraction Oil shareholder, click here to learn more about your rights and options .
  • Halper Sadeh LLP may seek increased consideration, additional disclosures and information concerning the proposed transaction, or other relief and benefits on behalf of shareholders.
  • Shareholders are encouraged to contact the firm free of charge to discuss their legal rights and options.
  • Halper Sadeh LLPrepresents investors all over the world who have fallen victim to securities fraud and corporate misconduct.