SHAREHOLDER INVESTIGATION: Halper Sadeh LLP Investigates XOG, VNE, SIC, SAFM, NLOK; Shareholders are Encouraged to Contact the Firm

NEW YORK, Oct. 11, 2021 /PRNewswire/ -- Halper Sadeh LLP, a global investor rights law firm, announces it is investigating the following companies:

Extraction Oil & Gas, Inc. (NASDAQ: XOG) concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its sale to Bonanza Creek Energy, Inc. Under the terms of the merger agreement, Extraction shareholders will receive a fixed exchange ratio of 1.1711 shares of Bonanza Creek common shares for each share of Extraction common stock owned on the closing date. Upon completion of the transaction, Extraction Oil will own approximately 50% of the combined company, to be named Civitas Resources, Inc. If you are an Extraction Oil shareholder, click here to learn more about your rights and options.