Bonanza Creek Exits Midcontinent Region In $117 Million Sale

摘要

Bonanza Creek Energy Inc. (NYSE: BCEI) said Aug. 6 it sold its Midcontinent assets to an undisclosed buyer for $117 million cash. The transaction comes less than a year after Bonanza Creek’s merger with SandRidge Energy Inc. (NYSE: SD) was terminated following pressure from Carl Icahn, an activist investor of SandRidge.