Bonanza Creek Energy Inc (BCEI.N)
23 Mar 2017
BRIEF-Bonanza Creek says on March 16 bankruptcy court entered order approving entry of co,units into certain restructuring support and lock-up agreement
* Bonanza Creek - on March 16 bankruptcy court entered order approving entry of co, units into certain restructuring support and lock-up agreement
Bonanza Creek Energy Inc is blasting equity investors for pressing a "grab bag" of arguments to get a trustee or examiner appointed ahead of a hearing to consider approval of its prepackaged bankruptcy.
BRIEF-Bonanza Creek Energy says reached an agreement in principle with Silo Energy to settle bankruptcy related claims
* On Jan 26, Co reached an agreement in principle with Silo Energy LLC - SEC filing
* Bonanza Creek Energy receives unsolicited inquiry from Bill Barrett Corporation
* Entered into a confidentiality agreement with Bonanza Creek Energy, Inc pertaining to BCEI's chapter 11 proceeding
Bonanza Creek Energy Inc and two other energy firms announced on Friday plans to file for bankruptcy in coming weeks, joining a long list of U.S. energy companies that have succumbed to a drop in oil prices.
* Bonanza Creek Energy announces third quarter 2016 financial and operating results
* Bonanza Creek Energy Inc- has elected not to make interest payment due on October 15, 2016 with respect to its $500 million 6.75% senior notes due in 2021 Further company coverage: