Bonanza Creek Merger Investigation: Halper Sadeh LLP Announces Investigation Into Whether the Merger of Bonanza Creek Energy, Inc. Is Fair to Shareholders; Investors Are Encouraged to Contact the Firm – BCEI

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May 10, 2021

Halper Sadeh LLP, a global investor rights law firm, is investigating whether the merger of Bonanza Creek Energy, Inc. (NYSE: BCEI) and Extraction Oil & Gas, Inc. is fair to Bonanza Creek shareholders. Extraction shareholders will receive Bonanza Creek common shares in connection with the merger. Upon completion of the transaction, Bonanza Creek shareholders will own approximately 50% of the combined company, to be named Civitas Resources, Inc.