May 10 (Reuters) - Bonanza Creek Energy will buy Extraction Oil & Gas in about $1.1 billion all-stock, no-premium deal to create one of Colorado's largest oil and gas drillers, the companies said in a statement on Monday.
Extraction shareholders will receive 1.1711 shares of Bonanza Creek common shares for each share of Extraction common stock owned on the closing date. [ ]
(Reporting by Rithika Krishna in Bengaluru; Editing by Vinay Dwivedi)
((Rithika.Krishna@thomsonreuters.com;))
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