Bonanza Creek Energy, Inc. : Bonanza Creek Energy Announces Private Placement of Senior Notes

Bonanza Creek Energy, Inc. : Bonanza Creek Energy Announces Private Placement
                               of Senior Notes

DENVER, April 1, 2013 - Bonanza Creek Energy, Inc. (NYSE: BCEI) (the
"Company") announced today the proposed issue of $250 million in aggregate
principal amount of senior unsecured notes due 2021 (the "Notes"). The Notes
will be fully and unconditionally guaranteed on a senior unsecured basis by
existing and future subsidiaries of the Company that incur or guarantee
certain indebtedness of the Company, including its revolving credit facility.
The Company intends to use the net proceeds from the offering to repay all
outstanding borrowings under its revolving credit facility and for general
corporate purposes, which may include funding its drilling and development
program and capital expenditures.

The Notes will be offered inside the United States only to qualified
institutional buyers in reliance on Rule 144A of the Securities Act of 1933
(the "Securities Act") and to persons outside the United States in reliance on
Regulation S of the Securities Act. The Notes have not been registered under
the Securities Act or any state securities laws and may not be offered or sold
in the United States absent registration or an applicable exemption from the
registration requirements of the Securities Act and applicable state
securities laws.

This press release shall not constitute an offer to sell, or the solicitation
of an offer to buy, any of the Notes, nor shall there be any sale of the Notes
in any state in which such offer, solicitation or sale would be unlawful prior
to registration or qualification under the securities laws of such state.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of
Section 27A of the Securities Act and Section 21E of the Securities Exchange
Act of 1934, as amended. Such forward-looking statements include, but are not
limited to, statements regarding the size of the offering and anticipated use
of proceeds. Forward-looking statements are based on certain assumptions made
by the Company based on current beliefs and expectations and are subject to a
number of risks and uncertainties, many of which are beyond the control of the
Company, that may cause actual results to differ materially from those implied
or expressed by the forward-looking statements.

Further information on such assumptions, risks and uncertainties is available
in the Company's Annual Report on Form 10-K for the year ended December 31,
2012, filed on March 15, 2013, and other filings submitted by the Company to
the Securities and Exchange Commission. Any forward-looking statement speaks
only as of the date on which such statement is made, and the Company is not
under any obligation to (and expressly disclaims any such obligation to)
update its forward-looking statements as a result of new information, future
events or otherwise.

For further information, please contact:

Mr. Ryan Zorn
Vice President - Finance

Mr. James Masters
Investor Relations Manager


This announcement is distributed by Thomson Reuters on behalf of Thomson
Reuters clients.

The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other
applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of
information contained therein.

Source: Bonanza Creek Energy, Inc. via Thomson Reuters ONE
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