Quote:In a separate matter, the Company has elected to pay interest on its senior unsecured notes due 2023. Interest on these notes was due on August 1, 2016, at which time the Company elected to not make the interest payment and enter into a 30-day grace period. By paying the interest within the 30-day grace period, the Company remains in compliance with its senior unsecured notes due 2023.
BCEI remains in compliance with its senior unsecured notes due 2023 and BCEI remains in compliance with ALL of its senior unsecured notes.
BCEI is a Strong BUY. BCEI is a GOOD oil and gas stock.