SandRidge agreed to acquire debt-free Bonanza Creek’s D-J Basin assets in a cash-and-stock transaction at a 17.4% premium.
The Denver-based independent Sundance typifies the new Eagle Ford narrative where technically astute private equity-backed younger management teams are revitalizing the play.
Eagle Ford operators east of the San Marcos Arch are getting analysts’ attention. One has seen its stock jump 117% this year. Another said of this side of the downturn, “Now is the fun time.” Here’s the outlook from these Eagle Ford pure players.