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Bonanza Creek/Civitas May Be Getting Careless

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Bonanza Creek/Civitas May Be Getting Careless

25 Jul Stock Analysis

GlobalStock/E+ via Getty Images
Bonanza Creek (BCEI) and Extraction Oil & Gas (XOG) will merge to form Civitas Resources. This new company has announced yet another deal to purchase Crestone Peak Resources to further enlarge the company. The problem with…

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