- Bonanza Creek Energy (NYSE:BCEI) -5.1% premarket after launching a public offering of 4M shares of its common stock.
- BCEI says it will use part of the proceeds to repay all outstanding borrowings under its revolving credit facility and the remainder for general corporate purposes, which may include funding its drilling and development program and other capital expenditures.
Bonanza Creek to launch 4M-share offering
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Symbol | Last Price | % Chg |
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CIVI | - | - |
Civitas Resources, Inc. |