Civitas Resources (CIVI) 8-K Bonanza Creek Energy ANNOUNCES AGREEMENT ON COMPREHENSIVE DELEVERAGING AND RECAPITALIZATION

Exhibit 99.7

Base Case Business Plan – 1-Rig*

Depicts BCEI’s base case business plan, which includes a 1-rig drilling program in the Wattenberg field starting in 2017

Rockies Gross Operated ProductionCrude Oil (b/d)11,16716,04617,90719,01820,183Rockies Net ProductionCrude Oil (b/d)8,44511,76213,15113,61013,353NGLs (b/d)3,3583,9664,1824,3104,291Natural Gas (Mcf/d)23,61327,26128,57229,47729,301Rockies Equivalent (boe/d)15,73920,27222,09622,83322,528Mid-Con Net ProductionCrude Oil (b/d)1,7111,4251,2391,100996NGLs (b/d)503418362320290Natural Gas (Mcf/d)5,6084,6504,0233,5593,218Mid-Con Equivalent (boe/d)3,1482,6182,2712,0131,822Total Net Production (mboe/d)18,88722,89024,36724,84624,350

 In addition, BCEI may opt to expend ~$10M of capital to build a gathering system to the Riverside Terminal by the end of 2017