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Bonanza Creek Energy Inc (BCEI.N)

BCEI.N on New York Stock Exchange

28.00USD
16 Jan 2018
Change (% chg)

$-0.80 (-2.78%)
Prev Close
$28.80
Open
$29.17
Day's High
$29.17
Day's Low
$27.82
Volume
64,892
Avg. Vol
84,470
52-wk High
$376.05
52-wk Low
$23.35

Latest Key Developments (Source: Significant Developments)

Guggenheim Partners Says Intends To Vote Against Bonanza Creek-Sandridge Deal
Wednesday, 20 Dec 2017 

Dec 20 (Reuters) - Guggenheim Partners Investment Management::GUGGENHEIM PARTNERS INVESTMENT MANAGEMENT ISSUES STATEMENT ON SANDRIDGE PROPOSED ACQUISITION OF BONANZA CREEK.‍GUGGENHEIM PARTNERS SAYS INTENDS TO VOTE ALL SANDRIDGE SHARES UNDER MANAGEMENT AGAINST PROPOSED ACQUISITION OF BONANZA CREEK, ASSOCIATED SHARE ISSUANCE​.  Full Article

Fir Tree Partners Issues Open Letter To The Sandridge Board
Monday, 18 Dec 2017 

Dec 18 (Reuters) - Bonanza Creek Energy Inc ::FIR TREE PARTNERS ISSUES OPEN LETTER TO THE SANDRIDGE BOARD OPPOSING ADDITIONAL STOCK ISSUANCE TO ACQUIRE BONANZA CREEK ENERGY.FIR TREE PARTNERS - ISSUED OPEN LETTER TO BOARD OF SANDRIDGE ENERGY REITERATING "STRONG OPPOSITION" TO PROPOSED ACQUISITION OF BONANZA CREEK ENERGY.FIR TREE PARTNERS IN OPEN LETTER TO SANDRIDGE BOARD - VOICING SUPPORT FOR POSITION OF ICAHN CAPITAL LP LAID OUT IN ITS PROXY STATEMENT.  Full Article

Carl Icahn Files Preliminary Proxy Statement Soliciting Proxies From SandRidge Energy's Stockholders
Friday, 15 Dec 2017 

Dec 15 (Reuters) - SandRidge Energy Inc ::CARL ICAHN SAYS FILED A PRELIMINARY PROXY STATEMENT WITH U.S. SEC SOLICITING PROXIES FROM STOCKHOLDERS OF SANDRIDGE ENERGY - SEC FILING.CARL ICAHN - SOLICITING PROXIES FROM SANDRIDGE STOCKHOLDERS TO VOTE AGAINST PROPOSED ISSUANCE OF SHARES IN CONNECTION WITH BONANZA CREEK TRANSACTION.  Full Article

Sandridge Energy Publishes Letter To Shareholders Regarding Strategic Acquisition Of Bonanza Creek
Monday, 11 Dec 2017 

Dec 11 (Reuters) - Sandridge Energy Inc ::SANDRIDGE ENERGY PUBLISHES LETTER TO SHAREHOLDERS REGARDING STRATEGIC ACQUISITION OF BONANZA CREEK.  Full Article

Carl Icahn Makes Demand To Inspect Certain Books And Records Of Sandridge Energy
Friday, 1 Dec 2017 

Dec 1 (Reuters) - SandRidge Energy Inc ::CARL ICAHN - ON DEC 1, ICAHN DELIVERED TO SANDRIDGE ENERGY A DEMAND TO INSPECT CERTAIN BOOKS AND RECORDS OF SANDRIDGE.CARL ICAHN - DEMAND TO INSPECT CERTAIN BOOKS AND RECORDS OF SANDRIDGE ENERGY MADE PURSUANT TO SECTION 220 OF THE DELAWARE GENERAL CORPORATION LAW.CARL ICAHN - ICAHN PARTIES WILL AGREE TO ENTER CONFIDENTIALITY AGREEMENT WITH SANDRIDGE REGARDING DOCUMENTS TO BE INSPECTED.CARL ICAHN - PURPOSE OF THE 220 DEMAND IS TO ALLOW ICAHN TO INVESTIGATE ACTIONS OF SANDRIDGE ENERGY'S SENIOR MANAGEMENT AND BOARD.CARL ICAHN - WILL INSIST CONFIDENTIALITY AGREEMENT WITH SANDRIDGE CONTAIN PROVISION FOR A THIRD PARTY TO ORDER MAKING SOME DOCUMENTS PUBLIC.CARL ICAHN - PURPOSE OF DEMAND IS TO ALLOW ICAHN TO INVESTIGATE ACTIONS PERTAINING TO SANDRIDGE'S SENIOR MANAGEMENT COMPENSATION.CARL ICAHN - DEMAND ALSO TO INVESTIGATE ACTIONS PERTAINING TO SANDRIDGE'S PROPOSED ACQUISITION OF BONANZA CREEK ENERGY, AND POISON PILL ADOPTED BY CO.CARL ICAHN - DEPENDING ON CONTENT OF DOCUMENTS DEMANDED FROM SANDRIDGE, ICAHN PARTIES MIGHT PURSUE PROXY CONTEST TO OPPOSE BONANZA DEAL.  Full Article

SandRidge Energy Adopts Short-Term Shareholder Rights Plan
Monday, 27 Nov 2017 

Nov 27 (Reuters) - SandRidge Energy Inc ::SANDRIDGE ENERGY, INC. ADOPTS SHORT-TERM SHAREHOLDER RIGHTS PLAN.SANDRIDGE ENERGY INC - SETS TRIGGER AT ‍10 PERCENT​.  Full Article

Icahn buys 13 pct stake in Sandridge Energy; opposes co's deal to buy Bonanza Creek- CNBC, citing DJ‍​
Thursday, 23 Nov 2017 

Nov 22 (Reuters) - :Carl Icahn buys 13 percent stake in Sandridge Energy- CNBC, citing DJ‍​.Icahn opposes Sandridge Energy's deal to buy Bonanza Creek- CNBC, citing DJ‍​.  Full Article

Fir Tree Partners opposes Sandridge Energy's proposed acquisition of Bonanza Creek Energy
Monday, 20 Nov 2017 

Nov 20 (Reuters) - Bonanza Creek Energy Inc :Fir Tree Partners strongly opposes Sandridge Energy's proposed acquisition of Bonanza Creek Energy.‍Fir Tree Partners - co is manager of certain funds that together beneficially own, through stock & warrants, about 8.3% of stock of Sandridge Energy​.  Full Article

SandRidge Energy nears agreement to buy Bonanza Creek for about $750 mln - WSJ
Wednesday, 15 Nov 2017 

Nov 15 (Reuters) - :SandRidge Energy nearing an agreement to buy Bonanza Creek Energy for about $750 million - WSJ citing sources.Cash-And-Stock deal between SandRidge and Bonanza Creek could be announced wednesday - WSJ‍​.  Full Article

Bonanza Creek Energy qtrly ‍shr $0.21​
Thursday, 9 Nov 2017 

Nov 8 (Reuters) - Bonanza Creek Energy Inc ::Bonanza Creek Energy announces third quarter 2017 financial results and operational update.Q3 revenue $45.2 million versus $49.3 million.Bonanza Creek Energy Inc - ‍Q3 production volumes averaged 15.8 mboe per day​.Bonanza Creek Energy Inc qtrly ‍shr $0.21​.Bonanza creek energy inc sees Q4 ‍production 13.8 - 14.2​ mboe/d.Bonanza Creek Energy Inc - ‍reducing its full-year production guidance by 4%, to a mid-point of 16.0 mboe per day​.Bonanza Creek - ‍reducing FY production guidance due to increased line pressures in basin, significant processing downtime expected in Q4​ ‍​.Bonanza Creek Energy Inc - ‍due to changes in activity timing, capex guidance for year has been lowered to a midpoint of $112 million​.  Full Article

Icahn demands removal of 2 SandRidge board members

Jan 9 Top shareholder and activist investor Carl Icahn on Tuesday called for the resignation of two of SandRidge Energy's board members, days after thwarting the oil and gas company's deal to buy Bonanza Creek Energy Inc for $746 million.