Colorado’s biggest oil and gas producer appears on track to complete its dominance of the Denver-Julesburg (DJ) Basin before year’s end, the CEO of Bonanza Creek Energy Inc., soon to be Civitas Resources Inc., said earlier this month.

Civitas

CEO Eric Greager held court during a conference call to discuss the Denver-based independent’s second quarter results. He spent most of the hour sharing insight into how the management team spent the spring deep into merger and acquisition activity.

Bonanza began 2Q2021 by completing its takeover of crosstown peer HighPoint Resources Corp. In May it agreed to buy Extraction Oil & Gas Inc., another DJ peer. One month later, the combination with Denver-based Crestone Peak Resources was announced. 

When all is said and done,  the...