D-J Basin Producers Bonanza Creek, HighPoint to Merge in $376 Million Deal
Transaction Type
Sellers
Buyers
Basin
D-J Basin; Wattenberg Field; Niobrara Shale
Announce Date
Post Date
Close Date
Estimated Price
376MM
Description
Acquired rival D-J Basin producer in a merger that includes the restructuring of HighPoint; combined company will have production of 50,000 boe/d and a consolidated, contiguous leasehold position of approximately 206,000 net acres in rural Weld County, CO.