- Bonanza Creek Energy (BCEI) says it has been notified by the NYSE that it is not in compliance with continued listing standards requiring the trailing 30-day average closing share price to remain above $1.00.
- The company says it will notify the NYSE of its intention to regain compliance within the Exchange's six month cure period.
- Separately, BCEI says it will pay interest on its senior unsecured notes due 2023; interest had been due on Aug. 1, but the company elected at that time not to make the payment and enter into a 30-day grace period.