John Thiessen‘s Vertex One Asset Management has disclosed its position in Bonanza Creek Energy Inc (NYSE:BCEI) via a 13G filing with the Securities and Exchange Commission. The filing stated that Vertex One holds a passive stake in Bonanza Creek, which contains almost 2.89 million shares, equal to 5.8% of the company’s outstanding stock. According to its last 13F filing, Vertex One initiated a stake with 1.24 million shares of Bonanza Creek during the third quarter of 2015.
You can access the original SEC filing by clicking here.
Ownership Summary Table
Name | Sole Voting Power | Shared Voting Power | Sole Dispositive Power | Shared Dispositive Power | Aggregate Amount Owned Power | Percent of Class |
---|---|---|---|---|---|---|
John Thiessen | 2,887,664 | 2,887,664 | 5.8% | |||
Vertex One Asset Management, Inc. | 2,887,664 | 2,887,664 | 5.8 % |
Follow John Thiessen's Vertex One Asset Management
Page 1 of 9 SEC Filing
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
_________
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. ___)1
Bonanza Creek Energy, Inc.
(Name of Issuer)
Common Stock (Common Stock)
(Title of Class of Securities)
097793103
(CUSIP Number)
January 22, 2016
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the Rule pursuant to which this Schedule is filed:
[ ]
Rule 13d-1(b)
[ x ]
Rule 13d-1(c)
[ ]
Rule 13d-1(d)
___________________________________
1 The remainder of this cover page shall be filled out for a reporting persons initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not be deemed to be filed for the purpose of Section 18 of the Securities Exchange Act of 1934 (Act) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).
Follow Civitas Resources Inc. (NYSE:CIVI)
Follow Civitas Resources Inc. (NYSE:CIVI)
Page 2 of 9 SEC Filing
Cusip No. 097793103
13G
Page 2 of 9 pages
1.
Names of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only).
John Thiessen
2.
Check the Appropriate Box if a Member of a Group (See Instructions)
(a)
[ ]
(b)
[ x ]
3.
SEC Use Only
4.
Citizenship or Place of Organization
Canada
Number of Shares Beneficially Owned by Each Reporting Person With
5.
Sole Voting Power
6.
Shared Voting Power
2,887,664
7.
Sole Dispositive Power
8.
Shared Dispositive Power
2,887,664
9.
Aggregate Amount Beneficially Owned by Each Reporting Person
2,887,664 shares of Common Stock
10.
Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)
[ ]
11.
Percent of Class Represented by Amount in Row (9)
5.8%
12.
Type of Reporting Person (See Instructions)
IN
Follow Civitas Resources Inc. (NYSE:CIVI)
Follow Civitas Resources Inc. (NYSE:CIVI)
Page 3 of 9 SEC Filing
Cusip No. 097793103
13G
Page 3 of 9 pages
1.
Names of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only).
Vertex One Asset Management, Inc.
2.
Check the Appropriate Box if a Member of a Group (See Instructions)
(a)
[ ]
(b)
[ x ]
3.
SEC Use Only
4.
Citizenship or Place of Organization
British Columbia, Canada
Number of Shares Beneficially Owned by Each Reporting Person With
5.
Sole Voting Power
6.
Shared Voting Power
2,887,664
7.
Sole Dispositive Power
8.
Shared Dispositive Power
2,887,664
9.
Aggregate Amount Beneficially Owned by Each Reporting Person
2,887,664 shares of Common Stock
10.
Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)
[ ]
11.
Percent of Class Represented by Amount in Row (9)
5.8 %
12.
Type of Reporting Person (See Instructions)
CO
Follow Civitas Resources Inc. (NYSE:CIVI)
Follow Civitas Resources Inc. (NYSE:CIVI)
Page 4 of 9 SEC Filing
Cusip No. 097793103
13G
Page 4 of 9 pages
Schedule 13G
Common Stock
CUSIP No. 097793103
Item 1(a)
Name of Issuer:
Bonanza Creek Energy, Inc. (the Issuer)
Item 1(b)
Address of Issuers Principal Executive Offices:
410 17th Street, Suite 1500
Denver, Colorado 80202
Item 2(a)
Name of Person filing:
The following Reporting Persons:
John Thiessen
Vertex One Asset Management, Inc. (Vertex One)
Item 2(b)
Address of Principal Business Office or, if None, Residence:
c/o Vertex One Asset Management, Inc.
Vancouver, BC
V6E 0C3
Canada
Item 2(c)
Citizenship:
Please refer to Item 4 on each cover sheet for each filing person.
Item 2(d)
Title of Class of Securities:
Common Stock, par value $0.001 per share
Item 2(e)
CUSIP Number: 097793103
Follow Civitas Resources Inc. (NYSE:CIVI)
Follow Civitas Resources Inc. (NYSE:CIVI)
Page 5 of 9 SEC Filing
Cusip No. 097793103
13G
Page 5 of 9 pages
Item 3
Not applicable
Item 4
Ownership.
The 2,887,664 shares of Common Stock reported as beneficially owned by Vertex One and John Thiessen as of the date of this filing are all shares held by persons in respect of which Vertex One acts as fund manager; Mr. Thiessen is the principal of Vertex One with discretionary control over the assets of such persons. Vertex One is a corporation formed and operating under the laws of British Columbia, Canada.
The approximate percentages of shares of common stock reported as beneficially owned by the Reporting Persons are based upon 49,763,541 shares of Common Stock outstanding as of November 2, 2015, as reported in the Issuers Quarterly Report on Form 10-Q for the fiscal quarter ended September 30, 2015.
Please see Items 5, 6, 7, 8, 9 and 11 for each cover sheet for each Reporting Person.
The Reporting Persons are making this single, joint filing because they may be deemed to constitute a group within the meaning of Section 13(d)(3) of the Act. Each Reporting Person disclaims the existence of a group and, except as set forth below, disclaims beneficial ownership of all shares of Common Stock or securities convertible into or exercisable for Common Stock other than any shares or other securities reported herein as being directly owned by it or him, as the case may be. Each of the Reporting Persons states that it or he, as the case may be, is included in this filing solely for the purpose of presenting information with respect to the beneficial ownership of the shares of Common Stock and disclaims any knowledge, except as hereinafter expressly set forth, as to any statements made herein on behalf of any other Reporting Person. Each Reporting Person is signing this statement only as to information with respect to, or furnished by, such Reporting Person, and makes no representation as to information furnished by any other Reporting Person.
Item 5
Ownership of Five Percent or Less of a Class.
Not applicable
Item 6
Ownership of More than Five Percent on Behalf of Another Person.
Not applicable
Item 7
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company or Control Person.
Not applicable
Item 8
Identification and Classification of Members of the Group.
Not applicable
Item 9
Notice of Dissolution of Group.
Not applicable
Item 10
Certification.
By signing below, I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.
Follow Civitas Resources Inc. (NYSE:CIVI)
Follow Civitas Resources Inc. (NYSE:CIVI)
Page 6 of 9 SEC Filing
Cusip No. 097793103
13G
Page 6 of 9 pages
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
Signature:
Dated: January 29, 2016
John Thiessen
By:
/s/ John Thiessen
Vertex One Asset Management, Inc.
By:
/s/ John Thiessen
Name:
John Thiessen
Title:
Director and Portfolio Manager
Follow Civitas Resources Inc. (NYSE:CIVI)
Follow Civitas Resources Inc. (NYSE:CIVI)
Page 7 of 9 SEC Filing
Cusip No. 097793103
13G
Page 7 of 9 pages
INDEX TO EXHIBITS
EXHIBIT A
Joint Filing Agreement
EXHIBIT B
Power of Attorney
Follow Civitas Resources Inc. (NYSE:CIVI)
Follow Civitas Resources Inc. (NYSE:CIVI)
Page 8 of 9 SEC Filing
EXHIBIT A
Joint Filing Agreement
In accordance with Rule 13d-1(k)(1) promulgated under the Securities Exchange Act of 1934, as amended, the undersigned hereby agree to the joint filing with each other on behalf of each of them of such a statement on Schedule 13G with respect to the Common Stock beneficially owned by each of them of Bonanza Creek Energy, Inc. This Joint Filing Agreement shall be included as an Exhibit to such Schedule 13G.
IN WITNESS WHEREOF, the undersigned hereby execute this Joint Filing Agreement as of the 29th day of January, 2016.
John Thiessen
By:
/s/ John Thiessen
Vertex One Asset Management, Inc.
By:
/s/ John Thiessen
Name:
John Thiessen
Title:
Director and Portfolio Manager
Follow Civitas Resources Inc. (NYSE:CIVI)
Follow Civitas Resources Inc. (NYSE:CIVI)
Page 9 of 9 SEC Filing
EXHIBIT B
Power of Attorney
The undersigned hereby make, constitute and appoint Martin Lang, acting individually, with full power of substitution, the true and lawful attorney-in-fact for the undersigned, in the undersigneds name, place and stead and on the undersigneds behalf, to complete, execute and file with the United States Securities and Exchange Commission (the Commission), a statement on Schedule 13G with respect to the securities of Bonanza Creek Energy, Inc., a Delaware corporation, and any and all amendments thereto pursuant to Section 13(d) of the Securities Exchange Act of 1934, as amended, and the rules and regulations promulgated thereunder, and any other forms, certificates, documents or instruments (including a Joint Filing Agreement) that the attorneys-in-fact (or either of them) deem(s) necessary or appropriate in order to enable the undersigned to comply with the requirements of said Section 13(d) and said rules and regulations.
This Power of Attorney shall remain in effect for a period of two years from the date hereof or until such earlier date as a written revocation thereof is filed with the Commission.
IN WITNESS WHEREOF, the undersigned hereby execute this Power of Attorney as of the 29th day of January, 2016.
John Thiessen
By:
/s/ John Thiessen
Vertex One Asset Management, Inc.
By:
/s/ John Thiessen
Name:
John Thiessen
Title:
Director and Portfolio Manager