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Bonanza Creek (BECI)

Posted: Mon Mar 04, 2013 1:26 pm
by dan_s
Bonanza Creek is being promoted to the Sweet 16. It replaces Swift Energy (SFY) that is being moved to our Small-Cap Growth Portfolio. I'm still bullish on SFY. This is just being done because of their market caps. - Dan
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DENVER, February 28, 2013 - Bonanza Creek Energy, Inc. (BCEI), announced today that it expects to release its fourth quarter and full year 2012 financial results with an operations update after the close of trading on Thursday, March 14, 2013. In conjunction with Bonanza Creek`s release of its results, investors, analysts and other interested parties are invited to participate in a conference call with management on Friday, March 15, 2013 at 9:00 a.m. MT (11:00 a.m. ET).

To access the call, please dial (866) 700-6293 or (617) 213-8835 and use the passcode 38172270. This call is being webcast and can be accessed at Bonanza Creek`s website for one year after the event.

The Company also announced its conference participation schedule for the month of March 2013. Members of management will participate in the Raymond James Institutional Investors Conference in Orlando, Florida on March 4; the Global Hunter Dallas Energy Day on March 7; and the Howard Weil Energy Conference in New Orleans, Louisiana on March 20. The presentations used for these events can be found on the Bonanza Creek website at www.bonanzacrk.com.

Finally, as previously announced, the Company will host its first analyst day in Denver, Colorado at the Ritz Carlton Hotel, located at 1881 Curtis Street, on April 11, 2013 starting at 9:00 a.m. MT. Attendees are also invited to join management on a field tour of its Wattenberg operations that afternoon. To RSVP for these events, please contact James Masters, Investor Relations Manager, at 720-440-6121, or via email at jmasters@bonanzacrk.com. Space is limited.

Re: Bonanza Creek (BECI)

Posted: Mon Mar 04, 2013 3:30 pm
by dan_s
An updated forecast model for Bonanza Creek has been posted under the Watch List Tab. My Fair Value Estimate can be found at the bottom of the spreadsheet.
> The company's production grew by more than 100% in 2012
> Based on company guidance, production will be up another 70% in 2013
> It is heavily weighted to oil
> It has a large inventory of low risk development locations.

We will publish a detailed profile on the company in a couple weeks, soon after their 4th quarter results come out on March 14.

Re: Bonanza Creek (BECI)

Posted: Thu Mar 07, 2013 4:27 pm
by dan_s
Bonanza Creek is now under the Sweet 16 Tab. One of our top interns is working on the profile and we will send it out as a Flash Alert shortly after they release Q4 results and their year-end reserve report.

My opening Fair Value is $40/share but I expect that to go up after Q4 results come out.

This one is heavily weighted to oil and it has very strong production and reserves growth locked in.

Re: Bonanza Creek (BECI)

Posted: Mon Mar 11, 2013 9:02 pm
by dan_s
We had some technical issues (user error) on the website. You can now log on and see our forecast model for Bonanza Creek under the Sweet 16 Tab.