SandRidge Makes Rockies Ascent In $746 Million Bonanza Creek Buyout
Transaction Type
Sellers
Buyers
Basin
Denver-Julesburg Basin
Announce Date
Post Date
Estimated Price
746MM
Description
To acquire all outstanding shares of Bonanza Creek in a cash-and-stock transaction; includes roughly 67,000 net acres in D-J Basin's Wattenberg Field in CO and 11,500 net acres targeting the Cotton Valley play in AR. Editor's note: this deal was announced terminated by SandRidge and Bonanza Creek on Dec. 28, 2017.