Bonanza Oil and Gas Inc.
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Transactions
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New Financings
Closed debt offering to fund moving rig to the second location in Borden County, Texas project.
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News
Shale Outlook: Scarce Inventory to Drive Upstream M&A in ‘24
Permian Basin well productivity has trended down. Top-tier drilling locations are scarce. Capital is at a premium. E&Ps need low-cost inventory and scale, and they’re willing to pay big bucks to get them.