Deal Insight
Bonanza Creek Energy and Extraction Oil & Gas merge
This report is currently unavailable
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Bonanza Creek Energy (BCEI) is combining with Extraction Oil & Gas (XOG) to form Civitas in an all-stock merger with an enterprise value of US$2.6 billion. Based on our 2021 production estimates, Civitas will be the third-largest producer in the DJ Basin with a combined volume of 117 mboe/d (40% oil). It is also committed to becoming Colorado's first net-zero (Scope 1 & 2) oil and gas producer at closing.
Table of contents
- Executive summary
- Transaction details
- Upstream assets
- Deal analysis
- Upsides and risks
- Strategic rationale
- Oil & gas pricing and assumptions
Tables and charts
This report includes the following images and tables:
- Executive summary: Table 1
- Bonanza Creek, Extraction acreage
- East Wattenberg geology
- West Wattenberg geology
- Average Cum 365 total per later length
- Oil & gas pricing and assumptions: Table 1
- Oil & gas pricing and assumptions: Table 2
What's included
This report contains:
Other reports you may be interested in
Asset Report
Stonefly (VK 999)
Stonefly is a small oil and gas discovery in the Viosca Knoll protraction area of the Central Gulf of Mexico. The field was discovered ...
$3,720
Asset Report
Sinopec Alberta
Sinopec Daylight Energy was created through the acquisition of Daylight Energy by Sinopec International Petroleum in 2011. Prior to the ...
$3,720
Asset Report
Pacific Northwest British Columbia
PETRONAS' core position in BC is the North Montney joint venture, located northwest of Farrell Creek. The JV consists of five ...
$3,720Recently viewed reports
Market Report
Megawatt-Scale PV O&M and Asset Management 2015-2020: Services, Markets and Competitors
$5,990Market Report
Global solar PV inverter and MLPE landscape 2021: Prices, forecasts, market shares, trends and vendor profiles
$5,990Insight
