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Bonanza Creek Energy, Inc. Announces Pricing of Upsized Public Offering of Common Stock



2013-02-01 04:35:34 -


DENVER, January 31, 2013 - Bonanza Creek Energy, Inc. (NYSE: BCEI) (the
"Company") today announced that it has priced an upsized underwritten public
offering of 11,500,000 shares of its common stock at a public offering price of
$29.50 per share. All 11,500,000 shares will be sold by Project Black Bear LP,
the selling stockholder (the "Selling Stockholder"). The underwriters have an
option to purchase up to a maximum of 1,500,000 additional shares from the
Selling Stockholder at the public offering price (less the underwriting
discount). The Company will not receive any proceeds from the sale of shares of
common stock by the Selling Stockholder. The offering is expected to close on
February 6, 2013, subject to satisfaction of customary closing conditions.

Credit Suisse and Raymond James acted as joint book-running managers in the
offering, KeyBanc Capital Markets, BMO Capital Markets and Scotiabank / Howard
Weil served as senior co-managers for the offering, and Stifel Nicolaus Weisel,
Wunderlich Securities, Societe Generale, SunTrust Robinson Humphrey, C.K. Cooper
& Company, Miller Tabak, KLR Group and IBERIA Capital Partners L.L.C. were co-
managers for the offering.

An investor may obtain a free copy of the prospectus supplement and accompanying
base prospectus relating to the offering by visiting EDGAR on the SEC website at
www.sec.gov. When available, a copy of the prospectus supplement and
accompanying base prospectus relating to the offering also may be obtained from:

Credit Suisse Securities (USA) LLC
Attn: Prospectus Department
One Madison Avenue
New York, NY 10010
Phone: 1-800-221-1037
Email: newyork.prospectus@credit-suisse.com

Raymond James & Associates, Inc.
880 Carillon Parkway
St. Petersburg, Florida 33716
Phone: 1-800-248-8863
Email: prospectus@raymondjames.com

This press release does not constitute an offer to sell or a solicitation of an
offer to buy common stock or any other securities, nor shall there be any sale
of these securities in any jurisdiction in which such an offer, solicitation or
sale would be unlawful prior to registration or qualification under the
securities laws of any such jurisdiction. The offering of these securities may
be made only by means of the prospectus supplement and the related base
prospectus.

About Bonanza Creek Energy, Inc.

Bonanza Creek Energy, Inc. is an independent energy company engaged in oil and
natural gas exploration and production in the United States. The company's
assets and operations are concentrated primarily in the Wattenberg Field in
Colorado and in southern Arkansas. The company's common shares are listed for
trading on the New York Stock Exchange under the ticker symbol BCEI.

Forward Looking Statements

Certain statements included in this press release are intended as "forward-
looking statements." These statements include assumptions, expectations,
predictions, intentions or beliefs about future events, particularly the
consummation of the transactions described above. The Company cautions that
actual future results may vary materially from those expressed or implied in any
forward-looking statements. Specifically, the Company cannot assure you that the
proposed transactions described above will be consummated on the terms the
Company currently contemplates, if at all. Information concerning these and
other factors can be found in the Company's filings with the SEC, including its
Forms 10-K, 10-Q and 8-K, which can be obtained free of charge on the SEC's web
site at www.sec.gov.

Any forward-looking statements made in this press release speak only as of the
date of this release and, except as required by law, the Company undertakes no
obligation to update any forward-looking statement contained in this press
release, even if the Company's expectations or any related events, conditions or
circumstances change. The Company is not responsible for any changes made to
this release by wire or Internet services.

For further information, please contact:

Mr. Ryan Zorn
Vice President - Finance
720-440-6172

Mr. James Masters
Investor Relations Manager
720-440-6121





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originality of the information contained therein.

Source: Bonanza Creek Energy, Inc. via Thomson Reuters ONE
[HUG#1674858]


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