 DENVER, March 12, 2021 GLOBE NEWSWIRE -- Bonanza Creek Energy, Inc. NYSE: BCEI the Company or Bonanza Creek and HighPoint Resources Corporation HighPoint NYSE: HPR today announced the expiration and results of Bonanza Creeks previously announced offer to exchange the Exchange Offer shares of its common stock and newly issued 7.5 Senior Notes due 2026 the Bonanza Creek Senior Notes for any and all of the 7.0 Senior Notes due October 15, 2022 the 2022 Notes of HighPoint Operating Corporation HighPoint OpCo and the 8.75 Senior Notes due June 15, 2025 of HighPoint OpCo the 2025 Notes and, together with the 2022 Notes, the HighPoint Senior Notes as of 5:00 p.m. New York City time on March 11, 2021 the Expiration Deadline. The Exchange Offers were commenced in connection with Bonanza Creeks proposed acquisition of HighPoint. HighPoint OpCo is a wholly-owned subsidiary of HighPoint. 