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Sundance Energy Successfully Deleverages Balance Sheet, Emerges from Chapter 11 Process Focused on Core Development Strategy - Vimarsana News

Sundance Energy Successfully Deleverages Balance Sheet, Emerges from Chapter 11 Process Focused on Core Development Strategy

Emerges from Chapter 11 Process Having Eliminated Over $250 Million of Funded Debt Obligations Company Now a Private Entity Under New Ownership and Guided by a New Board of Directors DENVER, April 23, 2021 (GLOBE NEWSWIRE) -- Sundance Energy Inc. and its affiliates (“Sundance” or the “Company”), an onshore independent oil and natural gas company focused on the development of large, repeatable resource plays in North America, today announced that it has successfully completed its financial restructuring and implemented its prepackaged plan of reorganization (the “Prepackaged Plan...

HighPoint Resources Commences Voluntary Chapter 11 Proceedings with Votes from More Than 99% of Voting Stakeholders to Accept the Prepackaged Plan - Vimarsana News

HighPoint Resources Commences Voluntary Chapter 11 Proceedings with Votes from More Than 99% of Voting Stakeholders to Accept the Prepackaged Plan

HighPoint Resources Commences Voluntary Chapter 11 Proceedings with Votes from More Than 99% of Voting Stakeholders to Accept the Prepackaged Plan /EIN News/ -- DENVER, March 14, 2021 (GLOBE NEWSWIRE) -- HighPoint Resources Corporation (“HighPoint” or the “Company”) (NYSE: HPR) today announced that it has filed voluntary petitions under Chapter 11 of the Bankruptcy Code (the “Chapter 11 Cases”) in the United States Bankruptcy Court for the District of Delaware (the “Court”) to effectuate the previously announced prepackaged plan of reorganization (the “Prepackaged Plan”)...

Bonanza Creek Energy, Inc. and HighPoint Resources Announce Results of Special Stockholder Meetings - Vimarsana News

Bonanza Creek Energy, Inc. and HighPoint Resources Announce Results of Special Stockholder Meetings

Bonanza Creek Energy, Inc. and HighPoint Resources Announce Results of Special Stockholder Meetings DENVER, March 12, 2021 (GLOBE NEWSWIRE) — Bonanza Creek Energy, Inc. (NYSE: BCEI) (the “Company” or “Bonanza Creek”) and HighPoint Resources Corporation (“HighPoint”) (NYSE: HPR) today announced the voting results of the Bonanza Creek and HighPoint special stockholder meetings in connection with the transactions pursuant to the Agreement and Plan of Merger, dated as of November 9, 2020, (the “Merger Agreement”) by and among Bonanza Creek, HighPoint and Boron Merger Sub, Inc. (...

Bonanza Creek Energy, Inc. and HighPoint Resources Announce Final Results of Exchange Offer and ... - Vimarsana News

Bonanza Creek Energy, Inc. and HighPoint Resources Announce Final Results of Exchange Offer and ...

Press release content from Globe Newswire. The AP news staff was not involved in its creation. Bonanza Creek Energy, Inc. and HighPoint Resources Announce Final Results of Exchange Offer and ... HighPoint Resources CorporationMarch 12, 2021 GMT DENVER, March 12, 2021 (GLOBE NEWSWIRE) -- Bonanza Creek Energy, Inc. (NYSE: BCEI) (the “Company” or “Bonanza Creek”) and HighPoint Resources Corporation (“HighPoint”) (NYSE: HPR) today announced the expiration and results of Bonanza Creek’s previously announced offer to exchange (the “Exchange Offer”) shares of its common stock and n...

Source: apnews.com
Sundance Energy Takes Action to Strengthen Balance Sheet and Position Business for Sustained Future Success, Commences Financial Restructuring With Lender Support - Vimarsana News

Sundance Energy Takes Action to Strengthen Balance Sheet and Position Business for Sustained Future Success, Commences Financial Restructuring With Lender Support

Company initiates voluntary, prepackaged Chapter 11 process that will eliminate over $250 million of funded debt obligations Chapter 11 process expected to conclude in approximately 60 days All operations to continue as usual; employees, vendors, royalty owners, and other trade creditors to continue being paid in full in the ordinary course of business Enters Chapter 11 process with at least $45 million of committed DIP financing DENVER, March 09, 2021 (GLOBE NEWSWIRE) -- Sundance Energy Inc. (NASDAQ: SNDE) and its affiliates (“Sundance” or the “Company”), an onshore independent oil...