 DENVER, March 14, 2021 GLOBE NEWSWIRE -- HighPoint Resources Corporation HighPoint or the Company NYSE: HPR today announced that it has filed voluntary petitions under Chapter 11 of the Bankruptcy Code the Chapter 11 Cases in the United States Bankruptcy Court for the District of Delaware the Court to effectuate the previously announced prepackaged plan of reorganization the Prepackaged Plan and consummate the transactions pursuant to the Agreement and Plan of Merger, dated as of November 9, 2020, by and among Bonanza Creek Energy, Inc. Bonanza Creek, HighPoint and Boron Merger Sub, Inc. the Merger Agreement. The Prepackaged Plan implements the merger and restructuring transactions contemplated under the Merger Agreement and TSA as defined below. 