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OilMonster

Bill Barrett Corporation
1099 18th Street,, Suite 2300, Denver, United States

Memberships : NA
Industry : Oil & Gas
Basic Member
Since Sep, 2016
About Company

Bill Barrett Corporation was formed in January 2002 by a management team who had already worked together for more than a decade at a successful predecessor company. The Company’s assets and operations are located in the Rocky Mountain region where the Company has a focused portfolio consisting of key assets in the Denver-Julesburg (Colorado, Wyoming) and the Uinta (Utah) Basins.

In December 2004, our company completed its initial public offering and trade on the NYSE under the symbol BBG. The Bill Barrett team has built our portfolio through a combination of acquisitions and exploration focusing on the areas where we have established experience and expertise.

Bill Barrett Corporation is a Denver-based exploration and production company focused on the development of oil and natural gas assets located in the Denver-Julesburg (“DJ”) Basin of Colorado and the Uinta Basin of Utah.  The Company was founded in 2002 and went public in 2004. The common shares are listed for trading on the NYSE under the symbol “BBG”.

We seek to build stockholder value by delivering profitable growth in cash flow, reserves and production through the development of our oil and natural gas assets.  This is accomplished by allocating capital to our highest return assets, concentrating expenditures on our core asset, while maintaining financial and capital flexibility to adapt to a changing macro-economic environment. We are also committed to providing a safe, respectful and rewarding environment for our employees.

As of year-end 2015, the Company had proved reserves of 84 MMBoe and produced approximately 5.9 MMBoe for the year, pro forma for asset sales completed during the year

Operationally and financially well-positioned to succeed

  • 2016 capital expenditures expected to approximate $75-$100 million
  • 2016 production guidance of 5.9-6.2 MMBoe
  • 2016 plan designed to protect balance sheet liquidity
  • Capital program provides maximum operational and financial flexibility
  • Delivering strong execution from extended reach lateral (“XRL”) drilling program in the Northeast (“NE”) Wattenberg area of the DJ Basin resulting in improved capital and operational efficiency
  • Operational control and flexibility with majority of leasehold held-by-production
  • Robust hedging program provides cash-flow predictability
  • Focused on opportunities to increase stakeholder value and improve balance sheet
Company NameBill Barrett Corporation
Business CategoryOil & Gas
Address1099 18th Street,
Suite 2300
Denver
United States
ZIP: 80202
PresidentR. Scot Woodall
Year Established2002
Employees500
MembershipsNA
Hours of OperationNA
Company Services
  • Energy
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