Denver-Julesburg Basin

With its takeover of fellow Colorado pure-play HighPoint Resources Corp. now complete, Bonanza Creek Energy Inc. is looking to optimize the combined well completions and midstream gathering needs, according to CEO Eric Greager. Bonanza Creek completed its merger with HighPoint on April 1. The closing allows the Denver-Julesburg (DJ) Basin operator to revamp the overall…

Colorado pure-play HighPoint Resources Corp. has filed for Chapter 11 after a senior notes exchange offer failed by merger partner Bonanza Creek Energy Inc. The Denver-based exploration and production (E&P) companies, which both train their talents on the Denver-Julesburg (DJ) Basin, agreed in November to merge in an estimated $376 million transaction.  Bonanza Creek in…

Bonanza Creek Energy Inc. expects to know before the end of March whether shareholders approve of the proposed tie-up with HighPoint Resources Corp., which would merge two big Colorado operators. Bonanza in November agreed to merge with Denver-Julesburg (DJ) Basin rival HighPoint in a $376 million transaction, combining their Weld County acreage and production. “We’re…

Denver-Julesburg (DJ) Basin pure-plays Bonanza Creek Energy Inc. has agreed to merge with Colorado rival HighPoint Resources Corp. in a $376 million transaction that would combine their Weld County acreage and production. On a pro forma basis, Bonanza Creek would have 206,000 net acres in Weld County. All the acreage would be unincorporated and “not…

Denver-based Extraction Oil & Gas Inc. has found some midstream relief from added natural gas processing for production from the Wattenberg field in Colorado’s Denver-Julesburg (DJ) Basin.

Denver-based Whiting Petroleum Corp.’s CEO Brad Holly on Wednesday said his company has pulled some of its Denver-Julesburg (DJ) Basin assets from the sales block and added nearly 55,000 net acres in the Williston Basin as its drilling teams continue to set new records for shortening well completion times.

Like Mark Twain once said of false news reports about himself, the “demise” of the Denver-Julesburg (DJ) Basin in Colorado may be greatly exaggerated. Despite concerns that environmental protests and more restrictive regulations are driving operators to other states, it remains one of the nation’s top producing basins.

Super independent Anadarko Petroleum Corp., which can pick and choose from an array of global prospects, is finding the best options in its own backyard, with plans to again direct nearly all of its 2018 capital to the United States.

Denver-based Extraction Oil & Gas Inc., whose exploration focus is trained in the Denver-Julesburg (DJ), is forecasting full-year 2018 net volumes to jump up to 76% year/year, averaging 87,000-93,00 boe/d, even with capital spending slightly below 2017.