Bonanza Creek Energy, Inc. (NYSE:BCEI) Files An 8-K Changes in Registrant’s Certifying Accountant

Item 4.01 Changes in Registrants Certifying Accountant.

As previously disclosed, on January 4, 2017 (the Petition Date),
Bonanza Creek Energy, Inc. (Bonanza Creek) and all of Bonanza
Creeks subsidiaries (the Subsidiaries and, together with Bonanza
Creek, the Debtors) filed voluntary petitions for reorganization
under chapter 11 of title 11 of the United States Bankruptcy Code
(the Bankruptcy Code) in the United States Bankruptcy Court for
the District of Delaware (the Bankruptcy Court).

On April 7, 2017, the Bankruptcy Court entered an order (the
Confirmation Order) confirming the Debtors Third Amended Joint
Prepackaged Plan of Reorganization Under Chapter 11 of the
Bankruptcy Code, dated April 6, 2017 (the Plan). to Paragraph 118
of the Confirmation Order, the current management of Bonanza
Creek (Management) is permitted to appoint a new independent
auditor without any action by the existing board of directors or
audit committee of Bonanza Creek. On April 13, 2017, Management
dismissed Hein Associates LLP (Hein) as Bonanza Creeks
independent registered public accounting firm.

Heins audit reports on Bonanza Creeks consolidated financial
statements for the fiscal years ended December 31, 2016 and 2015
did not contain an adverse opinion or a disclaimer of opinion and
were not qualified or modified as to uncertainty, audit scope or
accounting principle, except that Heins report for the year ended
December 31, 2016 included an explanatory paragraph referring to
Bonanza Creeks going concern uncertainty.

During the fiscal years ended December 31, 2016 and 2015, and the
subsequent interim period through April 13, 2017, there were (i)
no disagreements with Hein on any matter of accounting principles
or practices, financial statement disclosure, or auditing scope
or procedure, which, if not resolved to Heins satisfaction, would
have caused Hein to make reference thereto in their reports on
the consolidated financial statements for such years, and (ii) no
reportable events as defined in Item 304(a)(1)(v) of Regulation
S-K.

Bonanza Creek provided Hein with a copy of disclosures it is
making in this Form 8-K and requested that Hein furnish a letter
addressed to the Securities and Exchange Commission stating
whether or not it agrees with the statements above. A copy of
Heins letter dated April 18, 2017 is filed as Exhibit 16.1 to
this Current Report on Form 8-K.

On April 13th, 2017, Management appointed Grant Thornton LLP (GT)
as Bonanza Creeks independent registered public accounting firm.
During the years ended December 31, 2016 and 2015, and during the
subsequent interim period through April 13, 2017, neither the
Company nor anyone acting on its behalf consulted with GT with
respect to either (i) the application of accounting principles to
a specific transaction, either completed or proposed, or the type
of audit opinion that might be rendered on the Companys financial
statements, and neither written nor oral advice was provided to
the Company that GT concluded was an important factor considered
by the Company in reaching a decision as to any accounting,
auditing or financial reporting issue; (ii) any matter that was
either the subject of disagreement (as defined in Item
304(a)(1)(iv) of Regulation S-K and the related instructions to
Item 304 of Regulation S-K) or a reportable event (as described
in Item 304(a)(1)(v) of Regulation S-K).

Item 9.01 Exhibits.

About Bonanza Creek Energy, Inc. (NYSE:BCEI)

Bonanza Creek Energy, Inc. (Bonanza Creek) is an independent energy company engaged in the acquisition, exploration, development and production of onshore oil and associated liquids-rich natural gas in the United States. The Company’s oil and liquids-weighted assets are concentrated primarily in the Wattenberg Field in Colorado and the Dorcheat Macedonia Field in southern Arkansas. In addition, the Company owns and operates oil-producing assets in the North Park Basin in Colorado and the McKamie Patton Field in southern Arkansas. The main areas in which the Company operates in the Rocky Mountain region are the Wattenberg Field in Weld County, Colorado and the North Park Basin in Jackson County, Colorado. Its Wattenberg Field operations are in the oil and liquids-weighted extension area of the Wattenberg Field targeting the Niobrara and Codell formations. In southern Arkansas, it targets the oil-rich Cotton Valley sands in the Dorcheat Macedonia and McKamie Patton Fields.

Bonanza Creek Energy, Inc. (NYSE:BCEI) Recent Trading Information

Bonanza Creek Energy, Inc. (NYSE:BCEI) closed its last trading session up +0.014 at 0.940 with 538,954 shares trading hands.