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WS - Bonanza Creek Energy Highlights - May 19, 2020
During Q1, Bonanza Creek Energy produced 24,800 boe/d (54% oil), up 2% sequentially and 20% YOY. LOEs for the quarter were down 16% compared to Q4 and 15% YOY at $2.52/boe. Total capex was $41 million, significantly below original guidance. The company exited the quarter with $300 million in liquidity, $59 million outstanding on its credit facility and $11 million in......
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