Bonanza Creek Energy Inc., which filed for bankruptcy protection earlier this year , said a court has approved its plan, and it intends to emerge from bankruptcy before the end of April. Denver-based Bonanza Creek (BCEI) said its approved bankruptcy plan will see the company emerge with $200 millio ...
Denver energy company says court approves of its bankruptcy plan
Ben Miller
American City Business Journals•April 10, 2017
Bonanza Creek Energy Inc., which filed for bankruptcy protection earlier this year , said a court has approved its plan, and it intends to emerge from bankruptcy before the end of April. Denver-based Bonanza Creek (BCEI) said its approved bankruptcy plan will see the company emerge with $200 million of new capital. “The court’s confirmation of our prepackaged plan represents a significant step toward completing our successful financial restructuring. |
