DENVER, Dec. 06, 2018 (GLOBE NEWSWIRE) -- HighPoint Resources Corporation (“HighPoint” or the “Company”) (NYSE: HPR) today announced that its Board of Directors has appointed Lori A. Lancaster as a director of the Company, effective December 4, 2018. She will serve as an independent director and as a member of the Audit Committee and the Nominating and Corporate Governance Committee.
Ms. Lancaster has extensive experience in the oil and gas sector and is a former Managing Director of the Gl...
Early DUC and development well performance validates the productivity and extent of the Hereford Field and the Company's economic model for full field development
Positive early production data from initial Hereford drilling and spacing unit ("DSU") as the wells are currently producing at a rate of 480 Boe/d (~90% oil) per well after approximately three weeks utilizing modified controlled flowback and continue to increase
Reported production sales volume of 2.74 million barrels of oil equi...
DENVER, Oct. 12, 2018 (GLOBE NEWSWIRE) -- HighPoint Resources Corporation (“HighPoint” or the “Company”) (NYSE: HPR) today announced that the Company plans to issue its third quarter 2018 financial and operating results press release after the market close on Wednesday, October 31, 2018. The Company will host a conference call on Thursday, November 1, 2018, to discuss the results. The call is scheduled at 10:00 a.m. Eastern time (8:00 a.m. Mountain time). Please join the webcast conference cal...
DENVER, Sept. 17, 2018 (GLOBE NEWSWIRE) -- HighPoint Resources Corporation ("HighPoint" or the "Company") (HPR) today announced that it has entered into a new amended and restated credit agreement for its revolving credit facility ("Facility"). The agreement extends the maturity date of the Facility by over three years to 2023 and increases the borrowing base and commitments by 67% to $500 million. The increase in the borrowing base is a result of the greater value of the Northeast Wattenberg as...
- Hereford Field ("Hereford") drilling and completion operations commenced on schedule
- Drilling completed on first Hereford drilling and spacing unit ("DSU") and flowback commenced from nine previously drilled, but not completed ("DUC"), extended reach lateral ("XRL") wells
- Encouraging early production data from Hereford as initial DUCs are performing consistent with base type-curve after the initial 60 days of production
- Oil production sales volume of 1.51 million barrels of oil ...
DENVER, July 19, 2018 /PRNewswire/ -- HighPoint Resources Corporation ("HighPoint" or the "Company") (NYSE: HPR) today announced that the Company plans to issue its second quarter 2018 financial and operating results press release after the market close on Wednesday, August 8, 2018. The Company will host a conference call on Thursday, August 9, 2018, to discuss the results. The call is scheduled at 10:00 a.m. Eastern time (8:00 a.m. Mountain time). Please join the webcast conference call live at...
DENVER, June 14, 2018 /PRNewswire/ -- HighPoint Resources Corporation ("HighPoint" or the "Company") (NYSE: HPR) today announced that it has appointed Paul Geiger to the position of Chief Operating Officer, where he will provide leadership and strategic oversight of the Company's growing operations in the Denver-Julesburg ("DJ") Basin of Colorado. Mr. Geiger will join the Company effective July 11, 2018.
Mr. Geiger has more than 23 years of experience in oil and gas operations and a strong tr...
DENVER, May 11, 2018 /PRNewswire/ -- HighPoint Resources Corporation ("HighPoint" or the "Company") (NYSE: HPR) today announced the promotion of William M. Crawford to the position of Chief Financial Officer effective immediately, where he will continue to oversee all financial responsibilities of the Company. Mr. Crawford has served in various positions of increasing responsibility since joining the Company in 2004 and most recently served as Senior Vice President – Treasury and Finance an...
- Closed strategic business combination with Fifth Creek Energy, creating a premier oil-weighted and rural Denver-Julesburg ("DJ") Basin focused company
- Hereford Field ("Hereford") drilling and completion operations commenced within a month of closing transaction
- Reported production sales volumes of 1.91 million barrels of oil equivalent ("MMBoe") for the first quarter of 2018 were at the mid-point of guidance
- DJ Basin production sales volumes of 2.2 MMBoe for the first quarter of...
DENVER, April 20, 2018 /PRNewswire/ -- HighPoint Resources Corporation ("HighPoint" or the "Company") (NYSE: HPR) today announced that the Company plans to issue its first quarter 2018 financial and operating results press release after the market close on Tuesday, May 8, 2018. The Company will host a conference call on Wednesday, May 9, 2018, to discuss the results. The call is scheduled at 10:00 a.m. Eastern time (8:00 a.m. Mountain time). Please join the webcast conference call live at w...
DENVER, March 26, 2018 /PRNewswire/ -- HighPoint Resources Corporation ("HighPoint" or the "Company") (NYSE: HPR) today announced its 2018 financial and operating guidance, provided an initial outlook for 2019 and provided an operations update, including these highlights:
2018 capital expenditures of $500 million to $550 million that will be primarily internally funded with cash on hand and cash flow from operations
2018 pro forma production sales volumes of 11.0-11.5 million barrels...
DENVER, March 22, 2018 /PRNewswire/ -- HighPoint Resources Corporation ("HighPoint" or the "Company") (NYSE: HPR) today announced that it has recently appointed five new outside members to its board of directors, effective immediately, expanding the size of the Board from six to eleven members. The new board members are: Mark S. Berg, Executive Vice President and General Counsel at Pioneer Natural Resources; Scott A. Gieselman, partner at NGP Energy Capital Management L...
DENVER, March 19, 2018 /PRNewswire/ -- Bill Barrett Corporation (the "Company") (NYSE: BBG) today announced that it has completed its strategic combination with Fifth Creek Energy Company, LLC. In conjunction with the closing, the Company will change its name to HighPoint Resources Corporation and will begin trading on the New York Stock Exchange under the new symbol "HPR" on March 20, 2018.
Chief Executive Officer and President Scot Woodall commented, "We have underg...
DENVER, March 16, 2018 /PRNewswire/ -- Bill Barrett Corporation (the "Company") (NYSE: BBG) today announced that its stockholders overwhelmingly approved the adoption of the Agreement and Plan of Merger between Bill Barrett Corporation and Fifth Creek Energy Operating Company, LLC ("Fifth Creek Energy") at the special meeting of the Company's stockholders held earlier today. Approximately 98.7% of the shares voting, representing approximately 76.9% of the total outstanding shares, voted in favor...
DENVER, Feb. 27, 2018 /PRNewswire/ --
Announced strategic combination with Fifth Creek Energy that materially expands DJ Basin footprint and significantly strengthens balance sheet
Production sales volumes of 7.0 million barrels of oil equivalent ("MMBoe") in 2017 represents 20% growth over 2016, pro forma for asset sales
Production sales volumes of 2.12 MMBoe in the fourth quarter of 2017 represents 37% growth over the fourth quarter of 2016; Denver-Julesburg ("DJ") Basin pr...
DENVER, Feb. 14, 2018 /PRNewswire/ -- Bill Barrett Corporation (the "Company") (NYSE: BBG) today announced that it has established a record date of February 13, 2018 and a meeting date of March 16, 2018 for a special meeting of its shareholders, which will be held at 8:30 a.m. Mountain Time at the Company's offices at 1099 18th Street, Suite 2300, Denver, Colorado 80202. At the special meeting, shareholders will vote on, among other items, the previously announced strategic business combination ...
DENVER, Feb. 7, 2018 /PRNewswire/ -- Bill Barrett Corporation (the "Company") (NYSE: BBG) today provided an update on certain fourth quarter of 2017 items, including commodity price and derivatives data and the weighted average basic and diluted shares outstanding. The Company also announced that it will host a conference call on Wednesday, February 28, 2018, to discuss its fourth quarter 2017 financial and operating results.
For the fourth quarter of 2017, West Texas Intermediate ("WTI") o...
DENVER, Dec. 29, 2017 /PRNewswire/ -- Bill Barrett Corporation (the "Company") (NYSE: BBG) today announced that the underwriters of its previously announced public offering of 21,000,000 shares of the Company's common stock (the "common stock") have purchased an additional 2,205,529 shares of the Company's common stock pursuant to their over-allotment option. The net proceeds from the exercise of the over-allotment option were approximately $10.5 million, after deducting fees and estimated expen...
DENVER, Dec. 29, 2017 /PRNewswire/ -- Bill Barrett Corporation (the "Company") (NYSE: BBG) announced today that it has closed the previously announced sale of non-core assets located in the Uinta Basin. The proceeds from this transaction will be used for general corporate purposes.
Tudor, Pickering, Holt & Co. served as advisor on this transaction.
Forward-Looking Statements
All statements in this press release, other than statements of historical fact, are forward-looking stat...
DENVER, Dec. 8, 2017 /PRNewswire/ -- Bill Barrett Corporation (the "Company") (NYSE: BBG) today announced the closing of its previously announced underwritten public offering of 21,000,000 shares of its common stock (the "common stock"). The Company granted the underwriters in the offering an option for 30 days to purchase up to an additional 3,150,000 shares of common stock to cover over-allotments, if any. The net proceeds from the offering, not including any over-allotment shares, were approx...
DENVER, Dec. 5, 2017 /PRNewswire/ -- Bill Barrett Corporation (the "Company") (NYSE: BBG) announced today it has priced an underwritten public offering of 21,000,000 shares of its common stock (the "common stock") for total gross proceeds (before underwriters' compensation and estimated expenses) of $105 million. J.P. Morgan is serving as sole bookrunner for the offering.
The Company has granted the underwriters in the offering an option for 30 days to purchase up to an additional 3,150,000 s...
DENVER, Dec. 5, 2017 /PRNewswire/ -- Bill Barrett Corporation (the "Company") (NYSE: BBG) announced today that it has agreed to a privately negotiated exchange with certain holders (the "Exchanging Holders") of the Company's 7.0% Senior Notes due 2022 (the "7.0% Notes") pursuant to which the Exchanging Holders have agreed to exchange $50 million aggregate principal amount of the 7.0% Notes for a number of newly issued shares of the Company's common stock, plus cash in respect of accrued and unpa...
DENVER, Dec. 5, 2017 /PRNewswire/ -- Bill Barrett Corporation (the "Company" or "Bill Barrett") (NYSE: BBG) announced today that it has agreed to a strategic business combination with Fifth Creek Energy Company, LLC ("Fifth Creek"), a portfolio company of NGP, in a transaction valued at approximately $649 million. The transaction creates a premier exploitation and production company exclusively focused on oil-weighted rural areas in the Denver-Julesburg ("DJ") Basin. The combined company will po...
DENVER, Dec. 5, 2017 /PRNewswire/ -- Bill Barrett Corporation (the "Company") (NYSE: BBG) announced today that it intends to offer for sale 21,000,000 shares of its common stock (the "common stock") in an underwritten public offering. J.P. Morgan will serve as sole bookrunner for the offering. The Company will grant the underwriters in the offering an option for 30 days to purchase up to an additional 3,150,000 shares of common stock to cover over-allotments, if any.
The common stock will be...
DENVER, Nov. 20, 2017 /PRNewswire/ -- Bill Barrett Corporation (the "Company") (NYSE: BBG) announced today that it has entered into an agreement with unaffiliated third parties to sell its remaining non-core assets located in the Uinta Basin for cash proceeds of approximately $110 million. The transaction is expected to close on or before December 31, 2017, and is subject to customary closing conditions and adjustments. The assets produced approximately 2,300 Boe/d (91% oil) during the third qua...
DENVER, Oct. 31, 2017 /PRNewswire/ --
Production sales volumes of 1.92 million barrels of oil equivalent ("MMBoe") for the third quarter of 2017, which increased 26% sequentially from the second quarter of 2017
Oil production sales volumes of 1.2 million barrels of oil ("MMBbls") for the third quarter, which increased 33% sequentially and represents 63% of total production volumes
Capital expenditures of $57 million in the third quarter were below guidance range of $65-$75 m...
DENVER, Oct. 17, 2017 /PRNewswire/ -- Bill Barrett Corporation (the "Company") (NYSE: BBG) announced today that it is providing an update on certain third quarter of 2017 items, including commodity price and derivatives data.
For the third quarter of 2017, West Texas Intermediate ("WTI") oil prices averaged $48.20 per barrel, Northwest Pipeline ("NWPL") natural gas prices averaged $2.59 per MMBtu and NYMEX natural gas prices averaged $3.00 per MMBtu. The Company had derivative commodity swa...
DENVER, Oct. 10, 2017 /PRNewswire/ -- Bill Barrett Corporation (the "Company") (NYSE: BBG) announced today that the Company plans to issue its third quarter 2017 financial and operating results press release after the market close on Tuesday, October 31, 2017. The Company will host a conference call on Wednesday, November 1, 2017, to discuss the results. The call is scheduled at 10:00 a.m. Eastern time (8:00 a.m. Mountain time). Please join the webcast conference call live at www.billbarrettcorp...
- Production sales volume guidance increased to a range of 6.4-6.6 MMBoe
- Capital expenditure guidance reduced to $250-$270 million with the same planned level of activity
- Lease operating expense guidance reduced to $24-$26 million
DENVER, Sept. 5, 2017 /PRNewswire/ -- Bill Barrett Corporation (the "Company") (NYSE: BBG) today announced an update to its 2017 operating guidance, including higher production and lower lease operating expense ("LOE") and capital expenditures.
Driven...
DENVER, Aug. 1, 2017 /PRNewswire/ --
Production sales volumes of 1.53 MMBoe for the second quarter were at the high end of guidance range of 1.45-1.55 MMBoe
Capital expenditures of $59 million in the second quarter were below guidance range of $65-$75 million
Denver-Julesburg ("DJ") Basin oil price differential averaged $2.16 per barrel; represents 55% reduction from the second quarter of 2016
Lease operating expense ("LOE") averaged $3.61 per Boe; represents 32% impr...
DENVER, July 19, 2017 /PRNewswire/ -- Bill Barrett Corporation (the "Company") (NYSE: BBG) announced today that it is providing an update on certain second quarter of 2017 items, including commodity price and derivatives data and the weighted average basic and diluted shares outstanding.
For the second quarter of 2017, West Texas Intermediate ("WTI") oil prices averaged $48.29 per barrel, Northwest Pipeline ("NWPL") natural gas prices averaged $2.67 per MMBtu and NYMEX natural gas prices av...
DENVER, July 13, 2017 /PRNewswire/ -- Bill Barrett Corporation (the "Company") (NYSE: BBG) announced today that the Company plans to issue its second quarter 2017 financial and operating results press release after the market close on Tuesday, August 1, 2017. The Company will host a conference call on Wednesday, August 2, 2017, to discuss the results. The call is scheduled at 10:00 a.m. Eastern time (8:00 a.m. Mountain time). Please join the webcast conference call live at www.billbarrettcorp.co...
DENVER, May 2, 2017 /PRNewswire/ --
Production sales volumes of 1.43 MMBoe for the first quarter were at the high-end of guidance range of 1.35-1.45 MMBoe
Capital expenditures of $59 million in the first quarter were below guidance range of $60-$65 million
Denver-Julesburg ("DJ") Basin oil price differential averaged $2.78 per barrel; represents a 50% reduction from the first quarter of 2016
Added 2,882 acre federal lease in DJ Basin; provides up to 50 XRL drilling loca...
DENVER, April 28, 2017 /PRNewswire/ -- Bill Barrett Corporation (the "Company") (NYSE:BBG) today announced the closing of its previously announced offering of $275 million principal amount of 8.75% senior unsecured notes due 2025 (the "notes"). The Company intends to use the net proceeds from the offering, together with available cash on hand, to fund the redemption and repurchase of all of its outstanding 7.625% Senior Notes due 2019 and all of its outstanding 5% Convertible Senior Notes due 20...
DENVER, April 25, 2017 /PRNewswire/ -- Bill Barrett Corporation (the "Company") (NYSE:BBG) today announced that it has priced an offering of $275 million aggregate principal amount of 8.75% senior unsecured notes due 2025 (the "notes"). The offering is expected to close on or about April 28, 2017, subject to customary closing conditions. The Company intends to use the net proceeds from the offering, together with available cash on hand, to fund the redemption and repurchase of all of its outstan...
DENVER, April 24, 2017 /PRNewswire/ -- Bill Barrett Corporation (the "Company") (NYSE:BBG) today announced that, subject to market conditions, the Company is planning a private offering of $275 million in aggregate principal amount of senior unsecured notes due 2025 (the "notes"). The Company intends to use the net proceeds from the offering, together with available cash on hand, to fund the redemption of all of its outstanding 7.625% Senior Notes due 2019 and all of its outstanding 5% Convertib...
DENVER, April 18, 2017 /PRNewswire/ -- Bill Barrett Corporation (the "Company") (NYSE: BBG) announced today that it is providing an update on certain first quarter of 2017 items, including commodity price and derivatives data and the weighted average basic and diluted shares outstanding. The Company also announced that it will host conference call on Wednesday, May 3, 2017, to discuss its first quarter of 2017 financial and operating results.
COMMODITY PRICE AND DERIVATIVES UPDATE
For th...
DENVER, March 2, 2017 /PRNewswire/ --
Production sales volumes of 6.1 million barrels of oil equivalent ("MMBoe") in 2016 were at the mid-point of guidance range; represents pro forma growth of 11% over 2015
Capital expenditures of $98 million in 2016 were below guidance range
Lease operating expense ("LOE") of $4.58 per Boe in 2016, represents 29% improvement compared to 2015; Denver-Julesburg ("DJ") Basin LOE of $3.41 per Boe in 2016, represents 27% improvement compared to 2015
DJ ...
DENVER, Jan. 30, 2017 /PRNewswire/ -- Bill Barrett Corporation (the "Company") (NYSE: BBG) announced today that it is providing an update on certain fourth quarter of 2016 items, including commodity price and derivatives data and the weighted average basic and diluted shares outstanding for the fourth quarter of 2016.
For the fourth quarter of 2016, West Texas Intermediate ("WTI") oil prices averaged $49.29 per barrel, Northwest Pipeline ("NWPL") natural gas prices averaged $2.72 per MMBtu an...
DENVER, Jan. 25, 2017 /PRNewswire/ -- Bill Barrett Corporation (the "Company") (NYSE: BBG) announced today that its fourth quarter and year-end 2016 financial and operating results press release will be issued after the market close on Thursday, March 2, 2017. The Company plans to host a conference call on Friday, March 3, 2017, to discuss the results. The call is scheduled at 10:00 a.m. Eastern time (8:00 a.m. Mountain time). Please join the webcast conference call live at www.billbarrettcorp.c...
DENVER, Dec. 12, 2016 /PRNewswire/ -- Bill Barrett Corporation (the "Company") (NYSE: BBG) today announced the closing of its previously announced underwritten public offering of 15,525,000 shares of its common stock (the "common stock"), which includes the full exercise by the underwriters of their option to purchase 2,025,000 shares of common stock to cover over-allotments. Net proceeds from the sale of common stock, including as a result of the option exercise, after deducting fees and e...
DENVER, Dec. 6, 2016 /PRNewswire/ -- Bill Barrett Corporation (the "Company") (NYSE:BBG) today announced that it priced an upsized underwritten public offering of 13,500,000 shares of its common stock (the "common stock") for total gross proceeds (before underwriters' compensation and estimated expenses) of approximately $99.9 million. The Company intends to use the net proceeds from the offering for general corporate purposes, which may include development, deleveraging, or future acquisitions....
DENVER, Dec. 6, 2016 /PRNewswire/ -- Bill Barrett Corporation (the "Company") (NYSE:BBG) today announced that it has commenced an underwritten public offering of 11,500,000 shares of its common stock. The Company intends to use the net proceeds from the offering for general corporate purposes, which may include development, deleveraging, or future acquisitions. The Company will grant the underwriters in the common stock offering an option for 30 days to purchase up to an additional 1,725,000 sha...
DENVER, Nov. 3, 2016 /PRNewswire/ -- Bill Barrett Corporation (the "Company") (NYSE: BBG) reports third quarter of 2016 financial and operating results, including these highlights:
Production sales volumes of 1.6 MMBoe (65% oil)
DJ Basin oil price differential narrowed to $2.21 per barrel, representing a 54% sequential improvement from the second quarter of 2016
LOE averaged $3.06 per Boe, representing a 42% sequential improvement from the second quarter of 2016
LOE guidance lowered t...
DENVER, Oct. 18, 2016 /PRNewswire/ -- Bill Barrett Corporation (the "Company") (NYSE: BBG) announced today that it is providing an update on certain third quarter of 2016 items, including commodity price and derivatives data and the weighted average basic and diluted shares outstanding for the third quarter of 2016.
For the third quarter of 2016, West Texas Intermediate ("WTI") oil prices averaged $44.94 per barrel, Northwest Pipeline ("NWPL") natural gas prices averaged $2.51 per MMBtu and N...
DENVER, Oct. 14, 2016 /PRNewswire/ -- Bill Barrett Corporation (the "Company") (NYSE: BBG) announced today its third quarter of 2016 financial and operating results press release will be issued after the market close on Thursday, November 3, 2016. The Company plans to host a conference call on Friday, November 4, 2016, to discuss the results. The call is scheduled at 10:00 a.m. Eastern time (8:00 a.m. Mountain time). Please join the webcast conference call live at www.billbarrettcorp.com, access...
DENVER, Aug. 15, 2016 /PRNewswire/ -- Bill Barrett Corporation (the "Company") (NYSE: BBG) announced today that it will resume its extended reach lateral ("XRL") development program in the Denver-Julesburg ("DJ") Basin during the third quarter of 2016. It is expected that up to 12 gross XRL wells will spud prior to the end of year and be placed on initial production in the first quarter of 2017. The Company projects that its 2016 capital expenditures will now be at the high end of its previously...
DENVER, Aug. 4, 2016 /PRNewswire/ -- Bill Barrett Corporation (the "Company") (NYSE: BBG) reports second quarter of 2016 financial and operating results, including these highlights:
Production sales volumes of 1.6 MMBoe (64% oil), representing an 18% sequential increase compared to the first quarter of 2016 and exceeded second quarter guidance by 14%
Raised the low end of 2016 production guidance to 5.9-6.2 MMBoe despite the sale of non-core Uinta Basin assets
Capital expenditures of $1...
DENVER, July 19, 2016 /PRNewswire/ -- Bill Barrett Corporation (the "Company") (NYSE: BBG) announced today that it is providing an update on certain second quarter of 2016 items, including commodity price and derivatives data and the weighted average basic and diluted shares outstanding for the second quarter of 2016 and common shares outstanding at June 30, 2016.
For the second quarter of 2016, West Texas Intermediate ("WTI") oil prices averaged $45.59 per barrel, Northwest Pipeline ("NWPL")...
DENVER, July 14, 2016 /PRNewswire/ -- Bill Barrett Corporation (the "Company") (NYSE: BBG) announced today that it has closed the previously announced sale of non-core assets located in the Uinta Basin for net cash proceeds of approximately $30 million. This amount is subject to customary post-closing adjustments. The sale of the properties did not result in a reduction of the Company's borrowing base related to its revolving credit facility. The proceeds from this transaction will be used for g...
DENVER, July 11, 2016 /PRNewswire/ -- Bill Barrett Corporation (the "Company") (NYSE: BBG) announced today its second quarter of 2016 financial and operating results press release will be issued after the market close on Thursday, August 4, 2016. The Company plans to host a conference call on Friday, August 5, 2016, to discuss the results. The call is scheduled at 10:00 a.m. Eastern time (8:00 a.m. Mountain time). Please join the webcast conference call live at www.billbarrettcorp.com, acce...
DENVER, June 3, 2016 /PRNewswire/ -- Bill Barrett Corporation (the "Company") (NYSE: BBG) announced today that management is scheduled to participate in the following investor events:
June 7, 2016 – BAML Energy Credit Conference. Senior Vice President – Treasury and Finance, Bill Crawford, will present at 10:50 a.m. ET and will meet with investors in a 1x1 setting. The event will not be webcast.
June 9-10, 2016 – Barclays High Yield Bond and Syndicated Loan Conference. Senior Vice Pr...
DENVER, June 2, 2016 /PRNewswire/ -- Bill Barrett Corporation (the "Company") (NYSE: BBG) announced today that it has agreed to a privately negotiated exchange with a holder of the Company's 7.625% Senior Notes due 2019 (the "Notes"). In the transaction, the holder has agreed to exchange approximately $84.7 million aggregate principal amount of the Notes for 10 million newly issued shares of the Company's common stock plus the cash payment of accrued and unpaid interest. As a result of this tran...
DENVER, May 5, 2016 /PRNewswire/ -- Bill Barrett Corporation (the "Company") (NYSE: BBG) reports first quarter of 2016 financial and operating results, including these highlights:
Production sales volumes of 1.4 MMBoe (65% oil), at the high-end of first quarter guidance range
Capital expenditures of $46 million, 20% below the mid-point of the first quarter guidance range
2016 capital expenditures reduced to $90-$135 million from $100-$150 million as a result of lower well costs
Report...
DENVER, May 2, 2016 /PRNewswire/ -- Bill Barrett Corporation (the "Company") (NYSE: BBG) announced today that it has entered into an agreement with an unaffiliated third party to sell certain non-core assets located in the Uinta Basin for cash proceeds of approximately $30 million. The transaction is expected to close on or before June 30, 2016, and is subject to customary closing conditions. The assets produced approximately 1,000 Boe/d (63% oil) during the first quarter of 2016 and had estimat...
DENVER, April 18, 2016 /PRNewswire/ -- Bill Barrett Corporation (the "Company") (NYSE: BBG) announced today that it is providing an update on certain first quarter of 2016 commodity price data and has scheduled its first quarter of 2016 financial results release date and conference call.
Commodity Price and Derivative Information
For the first quarter of 2016, West Texas Intermediate ("WTI") oil prices averaged $33.45 per barrel, Northwest Pipeline ("NWPL") natural gas prices averaged $1.9...
DENVER, April 11, 2016 /PRNewswire/ -- Bill Barrett Corporation (the "Company") (NYSE: BBG) announced today that it has successfully completed the semi-annual borrowing base redetermination of its revolving credit facility ("Facility") maturing in April 2020. The bank group has set a borrowing base of $335 million, an 11% reduction from the previous borrowing base of $375 million. There were no changes to the terms or conditions of the Facility. The Facility has $335 million of commitments and t...
DENVER, March 18, 2016 /PRNewswire/ -- Bill Barrett Corporation (the "Company") (NYSE: BBG) announced today that management is scheduled to present at the Scotia Howard Weil Energy Conference at 4:10 p.m. CT (3:10 p.m. MT) on Monday, March 21, 2016. Scot Woodall, Chief Executive Officer and President, will present on behalf of the Company. The presentation for this event will be available on the Company's website at www.billbarrettcorp.com under the "Investor Relations" section. The event w...
DENVER, March 1, 2016 /PRNewswire/ -- Bill Barrett Corporation (the "Company") (NYSE: BBG) reported fourth quarter and year-end 2015 results and provides 2016 operating guidance, including these highlights:
2015 production sales volumes of 6.6 million barrels of oil equivalent ("MMBoe"), exceeded high-end of guidance and was 16% above the mid-point of original guidance
Denver-Julesburg ("DJ") Basin production for the fourth quarter of 2015 increased 55% year-over-year
2015 lease operati...
DENVER, Feb. 23, 2016 /PRNewswire/ -- Bill Barrett Corporation (the "Company") (NYSE: BBG) today announced changes to its senior management as part of a broader workforce reorganization that aligns its employee base and general and administrative cost structure to expected operational activity levels.
As part of this reorganization, Robert W. Howard, Chief Financial Officer, will separate from the Company effective May 1, 2016. There have been no disagreements with the Board of Directors or w...
DENVER, Jan. 26, 2016 /PRNewswire/ -- Bill Barrett Corporation (the "Company") (NYSE: BBG) today provided preliminary unaudited financial results for certain 2015 operating metrics and an operational summary, including an update on its extended reach lateral ("XRL") drilling program in the Northeast ("NE") Wattenberg area of the Denver-Julesburg ("DJ") Basin with highlights that included:
Full-year 2015 production sales volumes of 6.6 MMBoe, exceeds high end of guidance and was 16% above th...
DENVER, Dec. 4, 2015 /PRNewswire/ -- Bill Barrett Corporation (the "Company") (NYSE: BBG) announced today that it is scheduled to present at the Wells Fargo Energy Symposium at 11:00 a.m. ET (9:00 a.m. MT) on Wednesday, December 9, 2015. Scot Woodall, Chief Executive Officer and President, will present on behalf of the Company. The presentation for this event will be available on the Company's website at www.billbarrettcorp.com under the "Investor Relations" section.
ABOUT BILL BARRETT CO...
DENVER, Dec. 1, 2015 /PRNewswire/ -- Bill Barrett Corporation (the "Company") (NYSE: BBG) today announced that it has closed the previously announced sales of non-core properties located in the Uinta Basin and DJ Basin, respectively, for net cash proceeds of approximately $56 million, subject to customary post-closing purchase price adjustments. The sale of these properties did not result in a reduction of the Company's borrowing base related to its revolving credit facility. The proceeds from ...
DENVER, Nov. 5, 2015 /PRNewswire/ -- Bill Barrett Corporation (the "Company") (NYSE: BBG) reports third quarter of 2015 results, including these highlights:
Production sales volumes of 1.7 MMBoe, exceeding guidance by 13% due to the performance of the DJ Basin extended reach lateral ("XRL") drilling program
Increased Denver-Julesburg ("DJ") Basin production by 72% year-over-year and 14% sequentially
Reported adjusted net income of $(0.09) per share excluding non-recurring charges and im...
DENVER, Oct. 22, 2015 /PRNewswire/ -- Bill Barrett Corporation (the "Company") (NYSE: BBG) announced today that it is providing an update on certain third quarter 2015 commodity price data.
For the third quarter of 2015, West Texas Intermediate ("WTI") oil prices averaged $46.43 per barrel, Northwest Pipeline ("NWPL") natural gas prices averaged $2.58 per MMBtu and NYMEX natural gas prices averaged $2.77 per MMBtu. The Company had derivative commodity swaps in place for the third quarter o...
DENVER, Oct. 20, 2015 /PRNewswire/ -- Bill Barrett Corporation (the "Company") (NYSE: BBG) announced today that its third quarter 2015 financial and operating results press release will be issued after market close on Thursday, November 5, 2015. The Company will host a conference call to discuss the press release on Friday, November 6, 2015, at 10:00 a.m. EDT (8:00 a.m. MDT). The full text of the release will be available on the company's website at www.billbarrettcorp.com.
Conference cal...
- Borrowing base under the bank credit facility reaffirmed at $375 million with zero currently drawn
- Sale of non-core Uinta Basin properties for cash proceeds of $27 million enhances liquidity
- DJ Basin rig count being reduced from two rigs to one rig as a result of improvements in drilling and completion operations
- 2015 capital expenditures reduced to $315-$325 million from $320-$350 million as a result of lower XRL well costs and increased drilling and completion efficiencies
...
DENVER, Aug. 11, 2015 /PRNewswire/ -- Bill Barrett Corporation (the "Company") (NYSE: BBG) announced today that the Company will participate in the following investor events:
August 17, 2015 – Chief Executive Officer and President, Scot Woodall, will present at EnerCom's The Oil and Gas Conference at 4:00 p.m. MT. The event will be webcast and will be available on the Company's website at www.billbarrettcorp.com. The presentation for this event will be posted prior to the market open on M...
DENVER, Aug. 6, 2015 /PRNewswire/ -- Bill Barrett Corporation (the "Company") (NYSE: BBG) reports second quarter of 2015 results, including these highlights:
Sales volumes grew to 1.6 MMBoe, exceeding guidance by 9% due to solid execution of the DJ Basin drilling program
Increased DJ Basin production by 76% year-over-year and 8% sequentially
Increasing full-year 2015 production guidance to 6.1-6.5 MMBoe, represents 23% growth over 2014 utilizing the mid-point of the guidance range
Gen...
DENVER, July 21, 2015 /PRNewswire/ -- Bill Barrett Corporation (the "Company") (NYSE: BBG) announced today that it is providing an update on certain second quarter 2015 commodity price data.
For the second quarter of 2015, West Texas Intermediate ("WTI") oil prices averaged $57.94 per barrel, Northwest Pipeline ("NWPL") natural gas prices averaged $2.38 per MMBtu and NYMEX natural gas prices averaged $2.65 per MMBtu. The Company had derivative commodity swaps in place for the second quarter ...
DENVER, July 14, 2015 /PRNewswire/ -- Bill Barrett Corporation (the "Company") (NYSE: BBG) announced today that its second quarter 2015 financial and operating results press release will be issued after market close on Thursday, August 6, 2015. The Company will host a conference call to discuss the press release on Friday, August 7, 2015, at 10:00 a.m. EDT (8:00 a.m. MDT). The full text of the release will be available on the company's website at www.billbarrettcorp.com.
Conference call dia...
DENVER, June 16, 2015 /PRNewswire/ -- Bill Barrett Corporation (the "Company") (NYSE: BBG) announced today that its management plans to participate in the following investor events:
June 17, 2015 – Chief Financial Officer and Treasurer, Robert W. Howard, will participate in investor meetings at the Ladenburg Thalmann E&P 1x1 Conference. This event will not be webcast.
June 23, 2015 – Chief Executive Officer and President Scot Woodall will present at the Global Hunter Securities ...
DENVER, June 10, 2015 /PRNewswire/ -- Bill Barrett Corporation (the "Company") (NYSE: BBG) announced today that it has filed a prospectus supplement with the Securities and Exchange Commission (the "SEC") under which it may offer and sell from time to time and at its discretion shares of its common stock having an aggregate gross sales price of up to $100 million pursuant to an "at-the-market" offering program (the "ATM Program"). The shares would be offered pursuant to an equity distribution a...
DENVER, June 10, 2015 /PRNewswire/ -- Bill Barrett Corporation (the "Company") (NYSE: BBG) announced today that it is increasing its 2015 capital program to expand and accelerate its extended reach lateral ("XRL") drilling program in the Northeast ("NE") Wattenberg area of the Denver-Julesburg ("DJ") Basin and is establishing an initial 2016 production growth range.
The increased activity will include adding a second rig in the NE Wattenberg area early in the third quarter of 2015 that the Co...
DENVER, May 8, 2015 /PRNewswire/ -- Bill Barrett Corporation (the "Company") (NYSE: BBG) reports first quarter of 2015 results, including these highlights:
Produced 1.6 MMBoe, exceeding estimates as a result of strong well performance in the DJ Basin
Increased DJ Basin production 82% over the first quarter of 2014 and 28% sequentially
Delivered excellent performance from extended reach lateral drilling program, demonstrating consistent execution with results from four new wells
Genera...
DENVER, April 21, 2015 /PRNewswire/ -- Bill Barrett Corporation (the "Company") (NYSE: BBG) plans to release its first quarter 2015 financial and operating results before the market opens on Friday, May 8, 2015 and to host a conference call later that morning. The Company also provides the following update on certain first quarter of 2015 commodity price data:
Commodity Price and Derivative Update
For the first quarter of 2015, West Texas Intermediate ("WTI") oil prices averaged $48.63 per...
DENVER, March 20, 2015 /PRNewswire/ -- Bill Barrett Corporation (the "Company") (NYSE: BBG) announced today the final results of its previously announced offer to purchase its 5% Convertible Senior Notes due 2028 (the "notes") (CUSIP 06846NAA2). The holders' right to tender notes for purchase expired at 5:00 p.m., New York City time, on March 19, 2015 (the "offer").
The Company has been advised by Deutsche Bank Trust Company Americas, the paying agent, that $24,764,900 aggregate principal am...
DENVER, March 17, 2015 /PRNewswire/ -- Bill Barrett Corporation (NYSE: BBG) announced today that management plans to participate in the 43rd Annual Scotia Howard Weil Energy Conference. Chief Executive Officer and President Scot Woodall will present at the 43rd Annual Howard Weil Energy Conference on March 23, 2015 at 4:10 p.m. Central time. The presentation for this event will be posted at 5:00 p.m. Mountain time on Friday, March 20, 2015. The event is not webcast.
ABOUT BILL BARRETT CO...
DENVER, Feb. 25, 2015 /PRNewswire/ -- Bill Barrett Corporation (the "Company") (NYSE: BBG) reported 2014 results and announced the 2015 Operating Plan and Strategy. Highlights include:
Total production in 2014 of 9.1 MMBoe, as previously reported
Production increased 29% over 2013, pro forma for asset sales
Year-end 2014 proved reserves of 122 MMBoe, proved, probable and possible ("3P") reserves of 477 MMBoe
Generated $231.6 million in discretionary cash flow, or $4.78 per diluted com...
DENVER, Feb. 19, 2015 /PRNewswire/ -- Bill Barrett Corporation (the "Company") (NYSE: BBG) announced today that it is notifying holders of its 5% Convertible Senior Notes due 2028 (the "notes") (CUSIP 06846NAA2) that they have the option to require the Company to purchase on March 20, 2015 all or any part of their notes. Note holders' opportunity to require the Company to purchase their notes will commence on February 19, 2015, and will terminate at 5:00 PM ET on March 19, 2015. Holders may wit...
DENVER, Feb. 18, 2015 /PRNewswire/ -- Bill Barrett Corporation (the "Company") (NYSE: BBG) plans to release its fourth quarter and full year 2014 financial and operating results before the market opens on Wednesday, February 25, 2015. The Company will host a conference call to discuss results at 9:00 a.m. Eastern time (7:00 a.m. Mountain time) on Wednesday, February 25, 2015:
Date/Time:
Wednesday, February 25, 2015 at 9:00 a.m. Eastern time (7:00 a.m. Mountain time)
...
DENVER, Feb. 3, 2015 /PRNewswire/ -- Bill Barrett Corporation ("the Company") (NYSE: BBG) announced today well results on its first 9 extended reach lateral ("XRL") wells drilled in the Northeast Wattenberg area of the Denver-Julesburg ("DJ") Basin.
To date, the Company has drilled and completed 28 extended reach and mid-length lateral wells in the Northeast Wattenberg. The first 9 XRL wells to reach 30 days of sales had 30-day initial production ("IP") rates that averaged approximately 617 b...
DENVER, Jan. 5, 2015 /PRNewswire/ -- Bill Barrett Corporation (NYSE: BBG) announced today that management plans to participate in upcoming investor events. An updated investor presentation to be used at the following events will be posted on the Company's website at www.billbarrettcorp.com at 5:00 p.m. Mountain time on Tuesday, January 6, 2015.
Chief Executive Officer and President Scot Woodall will participate on a panel at the Goldman Sachs Global Energy Conference on Wednesday, January 7,...
DENVER, Dec. 4, 2014 /PRNewswire/ -- Bill Barrett Corporation (NYSE: BBG) announced today that management plans to participate in upcoming investor events. An updated investor presentation to be used at the following events will be posted on the Company's website at www.billbarrettcorp.com at 5:00 p.m. Mountain time on Tuesday, December 9, 2014.
Chief Executive Officer and President Scot Woodall will present at the Wells Fargo 2014 Energy Symposium on Wednesday, December 10, 2014 at 8:45 a.m...
- $42.3 Million Refund to Company
- 4,650 Prospective Acres Retained
DENVER, Nov. 24, 2014 /PRNewswire/ -- Bill Barrett Corporation ("the Company") (NYSE: BBG) announced today that the Company entered into a settlement agreement with the Department of Interior and certain conservation organizations regarding its Cottonwood Gulch natural gas asset located on the Roan Plateau of Northwest Colorado. Under the settlement, the Department of Interior cancels approximately 36,000 gross acres of t...
DENVER, Nov. 6, 2014 /PRNewswire/ -- Bill Barrett Corporation ("the Company") (NYSE: BBG) today reported third quarter 2014 results and announced operational updates. Highlights from the third quarter are presented below. The Company:
Produced 2.7 million barrels of oil equivalent ("MMBoe"), including oil production of more than 1.1 million barrels ("MMBbls")
Grew Denver-Julesburg ("DJ") Basin production by 150% and increased total production from active programs by 32%, year-over-year
...
DENVER, Oct. 24, 2014 /PRNewswire/ -- Bill Barrett Corporation (the "Company") (NYSE: BBG) plans to release its third quarter 2014 financial and operating results before the market opens on Thursday, November 6, 2014. The Company will host a conference call to discuss results at 12:00 p.m. Eastern time (10:00 a.m. Mountain time) on Thursday, November 6, 2014:
Date/Time:
Thursday, November 6, 2014 at 12:00 p.m. Eastern time (10:00 a.m. Mountain time)
...
DENVER, Oct. 14, 2014 /PRNewswire/ -- Bill Barrett Corporation (NYSE: BBG) announced today that management plans to participate in the Canaccord Global Resources Conference.
Chief Financial Officer Bob Howard and Vice President - Investor Relations Jennifer Martin will participate in investor meetings on Wednesday, October 15, 2014. The event is not webcast. An updated investor presentation will be posted on the Company's website at www.billbarrettcorp.com at 5:00 p.m. Mountain time this e...
DENVER, Sept. 30, 2014 /PRNewswire/ -- Bill Barrett Corporation ("the Company") (NYSE: BBG) announced today that it closed the previously announced sale of the Company's remaining position in the Gibson Gulch natural gas program in the Piceance Basin. The Company also announced that it closed the final transaction of its previously announced sale of the majority of its Powder River Basin acreage, which included an acreage exchange adding 7,856 net acres to its position in the Northeast Wattenber...
* Completes Transition to a Growth Oriented Oil Development Company
* 2014 Guidance Adjusted for Impact of Transactions
* Company to Host Conference Call this Morning
DENVER, Sept. 16, 2014 /PRNewswire/ -- Bill Barrett Corporation ("the Company") (NYSE: BBG) announced today that it has signed purchase and sale agreements with several undisclosed purchasers for the sale of the majority of its Powder River Basin acreage and the Company's remaining position in the Gibson Gulch natural gas ...
DENVER, Sept. 12, 2014 /PRNewswire/ -- Bill Barrett Corporation (NYSE: BBG) announced today that management plans to participate in upcoming investor events.
Chief Executive Officer and President Scot Woodall will conduct a brief presentation to investors and participate in investor meetings at the 5th Annual Credit Suisse US Small & Mid Cap Conference on Tuesday, September 16, 2014. The event is not webcast.
Mr. Woodall and Vice President of Investor Relations Jennifer Martin will p...
DENVER, July 31, 2014 /PRNewswire/ -- Bill Barrett Corporation ("the Company") (NYSE: BBG) today reported second quarter 2014 results and announced operational updates highlighted by:
Total production of 2.62 MMBoe, meeting the upper end of Company guidance and reflecting strong year-over-year production growth from the Denver-Julesburg ("DJ") Basin at 141% and from East Bluebell at 56%
Oil production of more than 1 million barrels, up 11% sequentially from the first quarter of 2014
Com...
DENVER, July 10, 2014 /PRNewswire/ -- Bill Barrett Corporation (the "Company") (NYSE: BBG) plans to release its second quarter 2014 financial and operating results after the market closes on Thursday, July 31, 2014. The Company will host a conference call to discuss results at 11:00 a.m. Eastern time (9:00 a.m. Mountain time) on Friday, August 1, 2014:
Date/Time:
Friday, August 1, 2014 at 11:00 a.m. Eastern time (9:00 a.m. Mountain time)
We...
DENVER, June 12, 2014 /PRNewswire/ -- Bill Barrett Corporation (the "Company") (NYSE: BBG) announced today that management plans to participate in upcoming investor events. An updated investor presentation will be posted on the homepage of the Company's website at www.billbarrettcorp.com at 5:00 p.m. Mountain time on Tuesday, June 17, 2014.
Chief Financial Officer Bob Howard and Vice President – Investor Relations Jennifer Martin will participate in investor meetings in New York on Wednesday...
DENVER, May 7, 2014 /PRNewswire/ -- Bill Barrett Corporation (the "Company") (NYSE: BBG) announced today that management plans to participate in upcoming investor events. An updated investor presentation will be posted on the homepage of the Company's website at www.billbarrettcorp.com at 5:00 p.m. Mountain time on Tuesday, May 13, 2014 and Tuesday, June 3, 2014.
Chief Executive Officer and President Scot Woodall will participate in investor meetings Wednesday, May 14, 2014 and present at t...
DENVER, May 1, 2014 /PRNewswire/ -- Bill Barrett Corporation ("the Company") (NYSE: BBG) today reported first quarter 2014 results and announced operational updates highlighted by:
Total production of 2.43 MMBoe reflecting strong year-over-year production growth in the Denver-Julesburg ("DJ") Basin of 137%, East Bluebell of 34% and the Powder Deep of 108%
DJ Basin production of 6,430 Boe/d, up 25% sequentially from the fourth quarter of 2013
Commodity balanced production with 38% oil, 4...
DENVER, April 22, 2014 /PRNewswire/ -- Bill Barrett Corporation (the "Company") (NYSE: BBG) announced today its first quarter of 2014 earnings release and call information.
First Quarter 2014 Earnings Release and Call
Bill Barrett Corporation plans to release its first quarter financial and operating results after the market closes on Thursday, May 1, 2014. The Company will host a conference call to discuss results at 11:00 a.m. Eastern time (9:00 a.m. Mountain time) on Friday, May 2, 201...
DENVER, Feb. 20, 2014 /PRNewswire/ -- Bill Barrett Corporation (NYSE: BBG) today reported 2013 results and announced operational updates including:
Discretionary cash flow of $281.3 million or $5.92 per diluted common share
30% growth in oil production, total production of 14.5 MMBoe
88% growth in proved reserves at three active oil programs, driven primarily by success of the 2013 DJ Basin delineation program
Lower total debt by $189 million year-end 2013 from year-end 2012
Chi...
DENVER, Feb. 4, 2014 /PRNewswire/ -- Bill Barrett Corporation (the "Company") (NYSE: BBG) announced today certain unaudited 2013 operating results, estimated reserves for year-end 2013 and certain operating guidance for 2014. Highlights from 2013 include (unaudited):
Total production of 14.5 MMBoe (86.9 Bcfe)
Oil production up 30% in 2013 over 2012
Proved reserves of 197 MMBoe, including 88% growth in proved reserves at three active oil programs
DJ Basin proved reserves up more than 5...
DENVER, Jan. 3, 2014 /PRNewswire/ -- Bill Barrett Corporation (NYSE: BBG) announced today that management plans to participate in the Goldman Sachs 2014 Global Energy Conference. Chief Executive Officer and President Scot Woodall will participate in a panel discussion on Wednesday, January 8, 2014 at 4:00 p.m. Eastern time. An updated investor presentation will be posted for the event at 5:00 p.m. Mountain time, Tuesday, January 7, 2014. The event will not be webcast.
ABOUT BILL BARRETT C...
DENVER, Dec. 10, 2013 /PRNewswire/ -- Bill Barrett Corporation (NYSE: BBG) announced today that it closed on its previously announced sale of the West Tavaputs natural gas property located in the Uinta Basin, Utah to affiliates of EnerVest, Ltd. for a total adjusted transaction value of $369 million.
The total transaction value includes approximately $46 million for the purchaser's assumption of the Company's lease financing obligation related to compressor units on the property. The transac...
DENVER, Oct. 31, 2013 /PRNewswire/ -- Bill Barrett Corporation (NYSE: BBG) today reported third quarter 2013 results and announced operational updates highlighted by:
Oil, natural gas and natural gas liquids ("NGL") production of 21.4 billion cubic feet equivalent ("Bcfe")
Oil production averaging 9,880 barrels per day, or 25% of production
Average realized price of $6.81 per Mcfe, reflecting the benefit of growing oil volumes. Oil sales accounted for 56% of pre-hedge sales revenues
D...
DENVER, Oct. 23, 2013 /PRNewswire/ -- Bill Barrett Corporation (NYSE: BBG) announced today that it has signed a purchase and sale agreement with an undisclosed purchaser for the sale of the Company's West Tavaputs natural gas property located in the Uinta Basin, Utah. Total consideration, prior to customary closing adjustments, is $371 million and includes approximately $46 million for the purchaser's assumption of the lease financing obligation for compressor units on the property. The transact...
DENVER, Oct. 17, 2013 /PRNewswire/ -- Bill Barrett Corporation (the "Company") (NYSE: BBG) announced today that management plans to participate in upcoming investor events.
Third Quarter 2013 Earnings Release and Webcast
Bill Barrett Corporation plans to release its third quarter financial and operating results after the market closes on Thursday, October 31, 2013. The Company will host a conference call to discuss results at 11:00 a.m. Eastern time (9:00 a.m. Mountain time) on November 1...
DENVER, Sept. 27, 2013 /PRNewswire/ -- Bill Barrett Corporation (NYSE: BBG) announced today that management plans to participate in the Deutsche Bank 21st Annual Leveraged Finance Conference. Chief Financial Officer Bob Howard will present on Wednesday, October 2, 2013 at 9:25 a.m. Pacific time. The event will be webcast, available from our home page at www.billbarrettcorp.com. The presentation for this event will be posted at 5:00 p.m. Mountain time, Monday, September 30, 2013. Management wi...
DENVER, Aug. 5, 2013 /PRNewswire/ -- Bill Barrett Corporation (NYSE: BBG) is pleased to announce that Mr. Kenneth A. Wonstolen has joined the Company as Senior Vice President – General Counsel, effective today. Mr. Wonstolen comes from the law firm Beatty & Wozniak, P.C., where he served as Senior Counsel since January 2009.
Chief Executive Officer and President Scot Woodall comments, "Ken's extensive transactional experience, work as an oil and gas trade association executive and exper...
DENVER, Aug. 1, 2013 /PRNewswire/ -- Bill Barrett Corporation (NYSE: BBG) today reported second quarter 2013 results and announced operational updates highlighted by:
Oil, natural gas and natural gas liquids ("NGL") production of 21.4 Bcfe
Oil production averaging 9,060 barrels per day, or 23% of production
Average realized price of $6.56 per Mcfe, reflecting the benefit of growing oil volumes. Oil sales accounted for 47% of pre-hedge sales revenues
Discretionary cash flow of $65.7 m...
DENVER, July 8, 2013 /PRNewswire/ -- Bill Barrett Corporation (the "Company") (NYSE: BBG) announced today that management plans to participate in upcoming investor events.
Second Quarter 2013 Earnings Release and Webcast
Bill Barrett Corporation plans to release its second quarter financial and operating results after the market closes on Thursday, August 1, 2013. The Company will host a conference call to discuss results at 11:00 a.m. Eastern time (9:00 a.m. Mountain time) on August 2, 2...
DENVER, May 22, 2013 /PRNewswire/ -- Bill Barrett Corporation (the "Company") (NYSE: BBG) announced today that management plans to participate in upcoming investor events. The Company will post an investor presentation on the homepage of the Company's website at www.billbarrettcorp.com at 5:00 p.m. Mountain time the day prior to each event.
Senior Vice President - Geosciences Terry Barrett will present at the SunTrust Robinson Humphrey 2013 "Play-by-Play" Oil and Gas Conference on May 30,...
DENVER, May 2, 2013 /PRNewswire/ -- Bill Barrett Corporation (NYSE: BBG) today reported first quarter 2013 results and announced operational updates highlighted by:
Oil and natural gas production of 21.2 Bcfe, on track for full year guidance of 86-90 Bcfe
Oil production averaging 8,827 barrels per day, or 23% of production
Average realized price of $6.58 per Mcfe, reflecting the benefit of growing oil volumes. Oil sales accounted for 47% of pre-hedge sales revenues
Discretionary cash...
DENVER, April 25, 2013 /PRNewswire/ -- Bill Barrett Corporation (the "Company") (NYSE: BBG) invites you to join us via webcast for the following events.
First Quarter 2013 Earnings Release and Webcast
Bill Barrett Corporation plans to release its first quarter 2013 financial and operating results after the market closes on Thursday, May 2, 2013. The Company will host a conference call to discuss results at 11:00 a.m. Eastern time (9:00 a.m. Mountain time) on May 3, 2013:
...
DENVER, April 17, 2013 /PRNewswire/ -- Bill Barrett Corporation (NYSE: BBG) is pleased to announce that effective April 16, 2013, Mr. R. Scot Woodall was named Chief Executive Officer and President. Mr. Woodall also was named to the Company's Board of Directors. He had served as Chief Executive Officer on an interim basis since January 2013.
Chairman of the Board Jim Mogg comments, "The Board of Directors is very pleased that Scot has accepted the role of Chief Executive Officer and Presid...
DENVER, March 11, 2013 /PRNewswire/ -- Bill Barrett Corporation (the "Company") (NYSE: BBG) announced today that management plans to participate in investor meetings on March 12, 2013. The Company will post an updated investor presentation on the homepage of the Company's website at www.billbarrettcorp.com at 5:00 p.m. Mountain time today, Monday, March 11, 2013.
ABOUT BILL BARRETT CORPORATION
Bill Barrett Corporation (NYSE: BBG), headquartered in Denver, Colorado, explores for and dev...
In the news release, Bill Barrett Corporation Reports 2012 Financial and Operating Results and Announces Strong Initial Oil Rates on All Four-Well Pads in DJ Basin, issued 21-Feb-2013 by Bill Barrett Corporation over PR Newswire, we are advised by the company that the 2012 RESULTS WEBCAST AND CONFERENCE CALL paragraph has been updated with corrected information. The complete, corrected release follows:
Bill Barrett Corporation Reports 2012 Financial and Operating Results and Announces Stron...
DENVER, Feb. 21, 2013 /PRNewswire/ -- Bill Barrett Corporation (NYSE: BBG) today reported 2012 results and announced operational updates including:
Total oil and natural gas production growth up 10% to 118 billion cubic feet equivalent ("Bcfe")
Oil production up 80% to 2.7 million barrels
Oil reserves up 66% to 51 million barrels
Proved reserves plus risked resources of 2.9 trillion cubic feet equivalent ("Tcfe"), including nearly 200 million barrels of oil
Discretionary cash flow...
DENVER, Feb. 19, 2013 /PRNewswire/ -- Bill Barrett Corporation (the "Company") (NYSE: BBG) announced today that management plans to release its fourth quarter and full-year 2012 financial and operating results after the market closes on Thursday, February 21, 2013. The Company will host a conference call to discuss results at 11:00 a.m. Eastern time (9:00 a.m. Mountain time) on February 22, 2013.
Please join Bill Barrett Corporation via the Internet for a webcast of the conference call:
...
DENVER, Jan. 31, 2013 /PRNewswire/ -- Bill Barrett Corporation (the "Company") (NYSE: BBG) announced today certain unaudited operating results and estimated reserves for year-end 2012 and certain operating guidance for 2013. Highlights from 2012 include (unaudited):
Production growth of 10% to 118 Bcfe, including 80% growth in oil production
Proved reserves of 1.04 Tcfe, including 66% growth in oil reserves
Proved reserves plus risked resources of 2.9 Tcfe
Continued DJ B...
Jim W. Mogg Named Chairman of the Board; Fred Barrett Steps Down as Chairman of the Board, Chief Executive Officer and President
Board Has Initiated Search for Permanent CEO
DENVER, Jan. 7, 2013 /PRNewswire/ -- Bill Barrett Corporation (NYSE: BBG) announced today that its Board of Directors has appointed R. Scot Woodall, Chief Operating Officer, as interim Chief Executive Officer following Fred Barrett's decision to step down as Chairman of the Board, Chief Executive Officer, President and...
DENVER, Jan. 7, 2013 /PRNewswire/ -- Bill Barrett Corporation (the "Company") (NYSE: BBG) announced today that management plans to participate in the upcoming Goldman Sachs Global Energy Conference 2013. The Company will post an updated investor presentation on the homepage of the Company's website at www.billbarrettcorp.com at 5:00 p.m. Mountain time today, Monday, January 7, 2013.
ABOUT BILL BARRETT CORPORATION
Bill Barrett Corporation (NYSE: BBG), headquartered in Den...
DENVER, Jan. 4, 2013 /PRNewswire/ -- Bill Barrett Corporation (NYSE: BBG) announced today certain guidance metrics for its 2013 operating plan that demonstrate a significant reduction in capital expenditures compared with 2012 and drive continued growth in oil production. Key components of the 2013 plan are a capital expenditure range of $475 to $525 million and a production range of 83 to 87 billion cubic feet equivalent ("Bcfe"), which is expected to be nearly 30% oil. The plan is expected t...
DENVER, Jan. 2, 2013 /PRNewswire/ -- Bill Barrett Corporation (NYSE: BBG) announced today that on December 31, 2012 it closed on its previously announced sale of natural gas assets to an affiliate of Vanguard Natural Resources, LLC. The sale included all its Wind River Basin natural gas producing properties, the Powder River Basin coal bed methane assets and a working interest in its Gibson Gulch-Piceance Basin development property.
The total value of the transaction of $335 million was pre...
DENVER, Nov. 29, 2012 /PRNewswire/ -- Bill Barrett Corporation (NYSE: BBG) provides a second update on its West Tavaputs natural gas program following the compressor station fire announced on November 20, 2012. One of the injured employees has been released from the hospital and the second injured employee continues to receive treatment at the University of Utah Hospital Burn Center.
As previously announced, the Dry Canyon compressor station suffered extensive damage, and the facility is ...
DENVER, Nov. 21, 2012 /PRNewswire/ -- Bill Barrett Corporation (NYSE: BBG) provides an update on the fire at its Dry Canyon compressor station located in its West Tavaputs gas field in the Uinta Basin of northeast Utah. The fire has been extinguished and damage was limited to the compressor station site. The Company confirms that two employees of the Company were injured in the fire and are currently receiving treatment at the University of Utah Hospital Burn Center. No additional informati...
DENVER, Nov. 20, 2012 /PRNewswire/ -- Bill Barrett Corporation (NYSE: BBG) reports today that there was a fire at the Dry Canyon compressor station located in its West Tavaputs gas field in the Uinta Basin of northeast Utah. The compressor station is located approximately 30 miles northeast of Price, Utah. The fire appears to be isolated to the compressor station. Preliminary reports are that two employees of the Company were injured in the fire and have been transported to University of Ut...
DENVER, Nov. 1, 2012 /PRNewswire/ -- Bill Barrett Corporation (NYSE: BBG) announced today that it has signed a purchase and sale agreement with an affiliate of Vanguard Natural Resources, LLC for the sale of certain of the Company's non-core natural gas assets including all Wind River Basin natural gas producing properties, the Powder River Basin coal bed methane ("CBM") assets and a working interest in its Gibson Gulch-Piceance Basin development property. Total consideration, prior to custom...
DENVER, Oct. 31, 2012 /PRNewswire/ -- Bill Barrett Corporation (NYSE: BBG) today reported third quarter 2012 results and announced operational updates highlighted by:
Total oil and natural gas production growth, up 12% to 31.3 billion cubic feet equivalent ("Bcfe") compared with the third quarter of 2011.
Oil production up 80% over the third quarter of 2011 and up 13% sequentially.
Discretionary cash flow (a non-GAAP measure, see below) of $2.24 per diluted common share, or $105.8 mil...
DENVER, Oct. 4, 2012 /PRNewswire/ -- Bill Barrett Corporation (the "Company") (NYSE: BBG) announced today that management plans to participate in upcoming investor events.
Deutsche Bank 2012 Leveraged Finance Conference
Chief Financial Officer Bob Howard will present at the Deutsche Bank 2012 Leveraged Finance Conference on October 11, 2012 at 8:45 a.m. Arizona time. The event will not be webcast. The presentation for this event will be posted at 5:00 p.m. Mountain time on Wednesday...
DENVER, Sept. 13, 2012 /PRNewswire/ -- Bill Barrett Corporation (the "Company") (NYSE: BBG) announced today that management plans to participate in upcoming investor events. The Company will post an updated investor presentation for both events listed below at 5:00 p.m. Mountain time on Tuesday, September 18, 2012 on the homepage of the Company's website at www.billbarrettcorp.com.
Deutsche Bank 2012 Energy Conference
Chairman, Chief Executive Officer and President Fred Barrett will par...
DENVER, Aug. 2, 2012 /PRNewswire/ -- Bill Barrett Corporation (NYSE: BBG) today reported second quarter 2012 results and announced operational updates highlighted by:
Oil and natural gas production growth, up 13% to 29.9 Bcfe; oil production up 92% over the second quarter of 2011 and up 32% sequentially.
Discretionary cash flow (a non-GAAP measure, see below) of $94.7 million or $2.00 per diluted common share.
Leasehold acquisitions totaling 31,070 net acres in the Denver-Julesburg ("...
DENVER, July 11, 2012 /PRNewswire/ -- Bill Barrett Corporation (the "Company") (NYSE: BBG) announced today that management plans to participate in upcoming investor events:
Second Quarter 2012 Earnings Release and Webcast
Bill Barrett Corporation plans to release its second quarter 2012 financial and operating results before the market opens on Thursday, August 2, 2012. The Company will host a conference call to discuss results at 12:00 p.m. Eastern time (10:00 a.m. Mountain time), also ...
DENVER, July 2, 2012 /PRNewswire/ -- Bill Barrett Corporation (NYSE: BBG) announced today that its Board of Directors appointed Carin M. Barth as an independent director. Ms. Barth will serve on the Compensation Committee and the Nominating and Corporate Governance Committee of the Board of Directors.
Ms. Barth is President of LB Capital, Inc., a private capital company she co-founded in 1988. Ms. Barth has served as a director on the boards of Western Refining, Inc., a publicly traded oil ...
DENVER, June 11, 2012 /PRNewswire/ -- Bill Barrett Corporation (the "Company") (NYSE: BBG) announced today that management plans to participate in upcoming investor events. The Company will post an updated investor presentation on the homepage of the Company's website at www.billbarrettcorp.com for the events below:
Investor Conference and Meetings
Chief Financial Officer Bob Howard will present at the EnerCom London Oil and Gas Conference on Wednesday, June 13, 2012 at 10:15 a.m. London...
DENVER, May 3, 2012 /PRNewswire/ -- Bill Barrett Corporation (NYSE: BBG) today reported first quarter 2012 results and announced operational updates highlighted by:
Successful Niobrara exploration results at Chalk Bluffs in the Denver-Julesburg Basin, with the first two wells producing at an average 24-hour peak rate of 905 Boe/d
Joint venture agreement with a major independent to partner on 112,000 acres in the Paradox Basin
Oil and natural gas production growth, up 21% to 28.2 Bcf...
DENVER, April 10, 2012 /PRNewswire/ -- Bill Barrett Corporation (the "Company") (NYSE: BBG) announced today that management plans to participate in upcoming investor events. The Company will post an updated investor presentation at 5:00 p.m. Mountain time today on the homepage of the Company's website at www.billbarrettcorp.com:
Events
Chief Operating Officer Scot Woodall will present at the Barclays North American Small & Mid-Cap Energy Forum on April 12, 2012 at 1:30 p....
DENVER, March 20, 2012 /PRNewswire/ -- Bill Barrett Corporation (the "Company") (NYSE: BBG) announced today the final results of its previously announced offer to purchase its 5% Convertible Senior Notes due 2028 (the "notes") (CUSIP 06846NAA2). The holders' right to tender notes for purchase expired at 9:00 a.m., New York City time, on March 20, 2012 (the "offer").
The Company has been advised by Deutsche Bank Trust Company Americas, the paying agent, that $147,156,000 aggregat...
DENVER, March 5, 2012 /PRNewswire/ -- Bill Barrett Corporation (NYSE: BBG) today announced that it has priced its $400 million aggregate principal amount of 7% Senior Notes due 2022. The notes were sold to the public at par. The notes will be unsecured obligations of the Company and will be effectively subordinated to the Company's existing and future secured indebtedness to the extent of the value of the assets securing that indebtedness. Initially, all of the Company's subsidiaries will gu...
DENVER, March 5, 2012 /PRNewswire/ -- Bill Barrett Corporation (NYSE: BBG) today announced its intent to offer, subject to market and other conditions, a series of senior notes due 2022 in aggregate principal amount of $400 million. The Company intends to use the net proceeds from the offering to repay borrowings under its revolving credit facility and for general corporate purposes, including to repay the entire $172.5 million aggregate principal amount of its 5% Convertible Senior Notes due...
DENVER, March 1, 2012 /PRNewswire/ -- Bill Barrett Corporation (the "Company") (NYSE: BBG) announced today a revised 2012 capital program for the Company as a result of lower natural gas prices. The Company has reduced its expected capital expenditure program for 2012 to a projected range of $800 million to $900 million, a reduction of nearly $100 million. Specifically, the Company is reducing natural gas activity by $120 million and increasing oil activity by $30 million. The incre...
DENVER, Feb. 23, 2012 /PRNewswire/ -- Bill Barrett Corporation (NYSE: BBG) today reported full-year 2011 operating results highlighted by:
Natural gas and oil production growth, up 11% to 106.8 Bcfe
Proved reserve growth, up 22% to 1.4 Tcfe or 331% production replacement
Discretionary cash flow up, at $478.2 million or $10.12 per diluted common share
Adjusted net income up, at $84.0 million or $1.78 per diluted common share
Chairman, Chief Executive Officer and Pre...
DENVER, Feb. 21, 2012 /PRNewswire/ -- Bill Barrett Corporation (the "Company") (NYSE: BBG) announced today that holders of its 5% Convertible Senior Notes due 2028 (the "notes") (CUSIP 06846NAA2) have the option to require the Company to purchase on March 20, 2012 all or any part of such holder's notes.
The cash purchase price per $1,000 principal amount of notes will be $1,000 plus unpaid interest of approximately $0.69 for the period from March 15, 2012 up to the purchase date....
DENVER, Jan 24, 2012 /PRNewswire/ -- Bill Barrett Corporation (NYSE: BBG) announced today certain unaudited operating results for year-end 2011 and certain operating guidance for 2012. Highlights from 2011 include (unaudited):
Proved reserve growth of 22% to 1.365 Tcfe, or 331% production replacement
Proved, probable and possible reserve growth of 20% to 3.0 Tcfe
Production growth of 11% to 106.8 Bcfe including 37% growth in oil production
Total estimated exploration and developme...
DENVER, Jan. 18, 2012 /PRNewswire/ -- Bill Barrett Corporation (the "Company") (NYSE: BBG) announced today it will host an investor event covering its Uinta Oil Program and the Company's Strategy and Outlook. The event will be webcast live on January 24, 2012. Details are as follows:
INVESTOR DAY – JANUARY 2012
Please join Bill Barrett Corporation via the Internet for a live webcast and slide presentation hosted by management:
Date/Time: Tuesday, January 24, 2012 at 9:30 ...
DENVER, Jan. 3, 2012 /PRNewswire/ -- Bill Barrett Corporation (the "Company") (NYSE: BBG) announced today that management plans to participate in upcoming investor events. The Company will post an updated investor presentation on the homepage of the Company's website at www.billbarrettcorp.com for each event below:
Investor Conferences
Chief Operating Officer Scot Woodall will present at the Pritchard Capital – Energize 2012 Conference on January 5, 2012 at 2:35 p.m. Pacific...
DENVER, Dec. 1, 2011 /PRNewswire/ -- Bill Barrett Corporation (NYSE: BBG) announced today that its Board of Directors appointed Kevin O. Meyers, Ph.D. as an independent director effective today. Dr. Meyers will serve on the Audit and Nominating Committees of the Board of Directors.
Dr. Meyers retired from ConocoPhillips in 2010 where he served for 10 years. ConocoPhillips is a publicly traded integrated energy company. Dr. Meyers held various positions including Senior Vice President, Explo...
DENVER, Nov. 3, 2011 /PRNewswire via COMTEX/ --Bill Barrett Corporation (NYSE: BBG) today reported third quarter 2011 operating results highlighted by:
Natural gas and oil production growth, up 10% to 28.0 Bcfe compared with the third quarter of 2010
Third and fourth Uteland Butte horizontal oil wells showing strong initial flow rates
Discretionary cash flow of $125.9 million or $2.65 per diluted common share
Net income of $20.6 million or $0.43 per diluted commo...
DENVER, Oct. 11, 2011 /PRNewswire via COMTEX/ --Bill Barrett Corporation plans to release its third quarter 2011 financial and operating results before the market opens on Thursday, November 3, 2011. The Company will host a conference call to discuss results at 12:00 p.m. Eastern time (10:00 a.m. Mountain time), also on November 3.
Please join Bill Barrett Corporation via the Internet for a webcast of the conference call:
...
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DENVER, Sept. 26, 2011 /PRNewswire via COMTEX/ --
Bill Barrett Corporation (the "Company") (NYSE: BBG) announced today that management plans to participate in upcoming investor events. The Company will post an updated investor presentation on the homepage of the Company's website at http://www.billbarrettcorp.com/ for each event below:
Investor Conferences
Chairman, Chief Executive Officer and President Fred Barrett will present at the IPAA OGIS San Fra...
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DENVER, Sept. 21, 2011 /PRNewswire via COMTEX/ --
Bill Barrett Corporation (NYSE: BBG) today announced that it has priced its $400 million aggregate principal amount of 7 5/8% Senior Notes due 2019. The notes were sold to the public at par, and the offering size was increased from $300 million (as previously announced) to $400 million. The notes will be unsecured obligations of the Company and will be effectively subordinated to the Company's existing and f...
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DENVER, Sept. 20, 2011 /PRNewswire via COMTEX/ --
Bill Barrett Corporation (NYSE: BBG) today announced its intent to offer, subject to market and other conditions, a series of senior notes due 2019 in aggregate principal amount of $300 million. The Company intends to use the net proceeds from the offering to repay borrowings under its revolving credit facility. The notes are being offered pursuant to a prospectus supplement to the Company's currently effect...
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DENVER, Aug. 29, 2011 /PRNewswire via COMTEX/ --
Bill Barrett Corporation (the "Company") (NYSE: BBG) announced today that Randy A. Foutch resigned from the Company's Board of Directors in order to focus his time on his duties as Chief Executive Officer and a director of Laredo Petroleum, Inc., an exploration and production company founded by Mr. Foutch in 2006.
Chairman, CEO and President Fred Barrett commented, "Randy has a long and successful history i...
The DJ Basin acquisition was completed for approximately $150 million, subject to post-closing adjustments. The Company plans to initiate exploration and development of the Chalk Bluffs and Wattenberg areas, respectively, with a one-rig program beginning in October 2011.
Printer friendly version on website homepage: www.billbarrettcorp.com
DISCLOSURE STATEMENTS
Forward-Looking Statements
This press release contains forward-looking statements, including statements regarding projected result...
DENVER, Aug. 4, 2011 /PRNewswire via COMTEX/ --Bill Barrett Corporation (NYSE: BBG) today reported second quarter 2011 operating results highlighted by:
Natural gas and oil production growth, up 6% to 26.5 Bcfe compared with the second quarter of 2010
Discretionary cash flow growth, up 6% to $122.8 million or $2.61 per diluted common share compared with the second quarter of 2010
Net income of $32.6 million or $0.69 per diluted common share and adjusted net income of $2...
DENVER, July 14, 2011 /PRNewswire via COMTEX/ --Bill Barrett Corporation (NYSE: BBG) today announced that management plans to participate in upcoming investor events. The Company will post an updated investor presentation on the Company's website homepage, accessed at www.billbarrettcorp.com under "Current Events," today, July 14, 2011 at 7:00 p.m. Eastern time (5:00 p.m. Mountain time).
Bill Barrett Corporation plans to release its second quarter 2011 financial and operating results before...
DENVER, July 12, 2011 /PRNewswire via COMTEX/ --Bill Barrett Corporation (NYSE: BBG) announced today that the Company has signed a purchase and sale agreement with an affiliate of Texas American Resources Company to acquire properties in the Denver-Julesburg (DJ) Basin targeting Niobrara oil that include a preliminary estimate of 7 million barrels of oil equivalent (MMBoe) net proved reserves, approximately 650 Boe per day net production and approximately 28,000 net acres of mineral leasehold, p...
DENVER, June 9, 2011 /PRNewswire via COMTEX/ --Bill Barrett Corporation (NYSE: BBG) announced today that it closed its previously announced acquisition of the owner and operator of a Uinta Basin oil property and related assets, which the Company has named East Bluebell.
The East Bluebell acquisition includes an estimated 5 million barrels of oil equivalent (MMBoe) net proved reserves, an estimated 25 MMBoe net proved, probable and possible reserves, approximately 750 Boe per day net product...
DENVER, May 11, 2011 /PRNewswire via COMTEX/ --Bill Barrett Corporation (NYSE: BBG) announced today that the Company has signed a purchase and sale agreement to acquire the owner and operator of a Uinta Basin property that includes an estimated 5 million barrels of oil equivalent (MMBoe) net proved reserves, an estimated 25 MMBoe net risked proved, probable and possible reserves, approximately 750 Boe per day production, associated gathering and transportation infrastructure and 20,155 net acres...
DENVER, May 3, 2011 /PRNewswire via COMTEX/ --Bill Barrett Corporation (NYSE: BBG) today reported first quarter 2011 operating results highlighted by:
Natural gas and oil production growth, up 7% to 23.2 Bcfe compared with the first quarter of 2010
Discretionary cash flow of $104.7 million or $2.24 per diluted common share
Net income of $15.2 million or $0.33 per diluted common share and adjusted net income of $19.1 million or $0.41 per diluted common share
Chai...
DENVER, April 13, 2011 /PRNewswire via COMTEX/ --Bill Barrett Corporation (NYSE: BBG) plans to release its first quarter 2011 financial and operating results before the market opens on Tuesday, May 3, 2011 and will host a conference call to discuss results at 12:00 p.m. Eastern time, also on May 3, 2011.
Please join Bill Barrett Corporation via the Internet for a webcast of the conference call:
Date/Time:
Tuesday, May 3, 2011 at 12...
DENVER, March 25, 2011 /PRNewswire via COMTEX/ --Bill Barrett Corporation (NYSE: BBG) announced today that the Company is increasing 2011 production guidance to 106 to 110 billion cubic feet equivalent (Bcfe), representing year-over year growth of 10% to 14%. The Company plans to continue development drilling at its liquids-rich Gibson Gulch program as well as benefit from faster drilling times already realized at West Tavaputs. Natural gas liquids (NGLs) and oil prices have risen 17% and 19%, r...
DENVER, Feb. 23, 2011 /PRNewswire via COMTEX/ --Bill Barrett Corporation (NYSE: BBG) today reported full-year 2010 operating results highlighted by:
Natural gas and oil production growth, up 8% to 96.5 Bcfe
Proved reserve growth, up 16% to 1.1 Tcfe or 263% production replacement
Discretionary cash flow up, at $467 million or $10.18 per diluted common share
Net income up, at $80.5 million or $1.75 per diluted common share
Chairman, Chief Executive Officer an...
DENVER, Feb. 3, 2011 /PRNewswire via COMTEX/ --Bill Barrett Corporation (NYSE: BBG) announced today certain unaudited operating results for year-end 2010 and certain operating guidance for 2011. Highlights from 2010 include (unaudited):
Proved reserve growth of 16% to 1.1 Tcfe, or 263% production replacement
Production growth of 8% to 96.5 Bcfe
Total estimated capital expenditures of $473 million
Finding and development costs of approximately $1.84 per Mcfe for 2010...
DENVER, Jan. 19, 2011 /PRNewswire via COMTEX/ --Bill Barrett Corporation (NYSE: BBG) plans to provide certain data including year-end 2010 reserves and 2011 guidance in a release to be issued February 3, 2011. The Company also plans to release its fourth quarter and full year 2010 financial and operating results on February 23, 2011. Results will be released before the market opens on Wednesday, February 23, 2011 and the Company will host a conference call to discuss results at 12:00 p.m. Easter...
DENVER, Jan. 4, 2011 /PRNewswire via COMTEX/ --Bill Barrett Corporation (NYSE: BBG) today announced that management plans to participate in upcoming investor events. The Company will provide an updated investor presentation for these events to be posted on the Company's website homepage, accessed at www.billbarrettcorp.com, under "Current Events" at the times indicated below.
Chief Operating Officer Scot Woodall plans to present at the Pritchard Capital Partners Energize 2011 Conference on ...
DENVER, Nov. 2, 2010 /PRNewswire via COMTEX/ -- Bill Barrett Corporation (NYSE: BBG) today reported third quarter 2010 operating results highlighted by:
Natural gas and oil production up 12% to 25.5 Bcfe
Discretionary cash flow up 27% to $136.5 million, or $2.98 per diluted common share
Net income up significantly to $24.6 million, or $0.54 per diluted common share
Initiation of continuous development program in West Tavaputs
Continued operating and capital cost discipline driving impr...
DENVER, Oct 14, 2010 /PRNewswire via COMTEX/ --Bill Barrett Corporation (NYSE: BBG) today announced it will host an investor event covering its West Tavaputs development project to be webcast live on October 21, 2010 and host its Third Quarter 2010 Earnings conference call on November 2, 2010. Details are as follows:
WEST TAVAPUTS: LEARN THE NUTS AND BOLTS OF THIS KEY ASSET
Please join Bill Barrett Corporation via the Internet for a live webcast and slide presentation where management will...
DENVER, Sept 22, 2010 /PRNewswire via COMTEX/ --Bill Barrett Corporation (NYSE: BBG) today announced that management plans to participate in upcoming investor events. The Company will provide an updated presentation for these events to be posted on the Company's website homepage, accessed at www.billbarrettcorp.com, under "Current Events" at the times indicated below.
Chairman and Chief Executive Officer Fred Barrett will participate in the 2010 Deutsche Bank Energy Conference on Wednesday,...
DENVER, Sept 14, 2010 /PRNewswire via COMTEX/ --Bill Barrett Corporation (NYSE: BBG) announced today that it has received drilling permits to continue activity at West Tavaputs, a key development asset located in the Uinta Basin, Utah. The 30-day appeals period in connection with the Record of Decision on the Environmental Impact Statement for full-field development at West Tavaputs has concluded, and the Bureau of Land Management (BLM) has begun issuing drilling permits that will enable the Com...
DENVER, Aug 03, 2010 /PRNewswire via COMTEX/ --Bill Barrett Corporation (NYSE: BBG) today reported second quarter 2010 operating results highlighted by:
Natural gas and oil production up 14% to 25.1 Bcfe
Discretionary cash flow up 13% to $116.1 million, or $2.55 per diluted common share
Net income up significantly to $39.2 million, or $0.86 per diluted common share
Record of Decision published for West Tavaputs key development asset
Chairman, Chief Executi...
DENVER, CO, Jul 29, 2010 (MARKETWIRE via COMTEX) --Bill Barrett Corporation (NYSE: BBG) announced today that the
Bureau of Land Management (BLM) has pre-posted for inspection the
Notice of Availability of the Record of Decision on the Environmental
Impact Statement that authorizes full-field development of West
Tavaputs. This area is a key development asset holding 324 billion
cubic feet equivalent (Bcfe) proved and 1.3 trillion cubic feet
equivalent (Tcfe) of proved, probable and possible...
DENVER, CO, Jul 09, 2010 (MARKETWIRE via COMTEX) --Bill Barrett Corporation (NYSE: BBG) plans to release its second
quarter 2010 financial and operating results before the market opens
on Tuesday, August 3, 2010 and will host a conference call to discuss
results at 12:00 p.m. EDT, also on August 3.
Please join Bill Barrett Corporation via the Internet for a webcast
of the conference call:
Date/Time: Tuesday, August 3, 2010 at 12:00 p.m. EDT (10:00 a.m.
...
DENVER, CO, Jul 01, 2010 (MARKETWIRE via COMTEX) --
Bill Barrett Corporation (NYSE: BBG) and its board of directors announced today that Chief Operating Officer, President and director Joe Jaggers is resigning effective July 1, 2010 to become the president and chief executive officer of Ute Energy, LLC, a recently recapitalized oil and gas company. Also effective July 1, 2010, R. Scot Woodall, currently Executive Vice President -- Operations, will assume the role of Chief Operating Officer, and...
DENVER, CO, Jun 01, 2010 (MARKETWIRE via COMTEX) --Bill Barrett Corporation (NYSE: BBG) today announced that
management plans to participate in upcoming investor events. The
Company will provide an updated presentation for these events to be
posted on the Company's website homepage, accessed at
www.billbarrettcorp.com, under "Current Events."
Chairman and Chief Executive Officer Fred Barrett plans to present at
the Bank of America Merrill Lynch "Smid Cap" Conference on Wednesday,
June 9...
DENVER, CO, May 04, 2010 (MARKETWIRE via COMTEX) --Bill Barrett Corporation (NYSE: BBG) today reported first quarter
2010 operating results highlighted by:
-- Natural gas and oil production of 21.7 Bcfe
-- Discretionary cash flow of $104.6 million, or $2.30 per diluted common
share and $4.81 per Mcfe
-- Net income of $24.0 million, or $0.53 per diluted share
-- Expanded revolving credit facility to $800 million borrowing base with
$700 million in bank commitments
-- Cont...
DENVER, CO, Apr 14, 2010 (MARKETWIRE via COMTEX) --Bill Barrett Corporation (NYSE: BBG) plans to release its first
quarter 2010 financial and operating results before the market opens
on Tuesday, May 4, 2010 and will host a conference call to discuss
results at 12:00 p.m. EDT, also on May 4.
Please join Bill Barrett Corporation via the Internet for a webcast
of the conference call:
Date/Time: Tuesday, May 4, 2010 at 12:00 p.m. EDT (10:00 a.m. MDT)
Webcast: Live a...
DENVER, CO, Feb 23, 2010 (MARKETWIRE via COMTEX) -- Bill Barrett Corporation (NYSE: BBG) today reported full-year 2009
operating results highlighted by:
-- Production growth, up 16% to 89.7 Bcfe
-- Proved reserve growth, up 18% to 965 Bcfe
-- Proved, probable and possible reserves up 97% to 5.7 Tcfe
-- Discretionary cash flow of $459.6 million, or $10.21 per diluted common
share and $5.12 per Mcfe
-- Net income of $50.2 million, or $1.12 per diluted share, and adjusted
net...
DENVER, CO, Jan 21, 2010 (MARKETWIRE via COMTEX) -- Bill Barrett Corporation (NYSE: BBG) announced today certain
unaudited operating results for year-end 2009 and certain operating
guidance for 2010. Highlights from 2009 include (unaudited):
-- Proved reserve growth of 18% to 964.8 Bcfe
-- Production growth of 16% to 89.7 Bcfe
-- Total estimated capital expenditures of $406 million, within cash flow
-- Maintained flat long-term debt while increasing availability on line of
cred...
DENVER, CO, Jan 05, 2010 (MARKETWIRE via COMTEX) -- Bill Barrett Corporation (NYSE: BBG) today announced that management
plans to participate in upcoming investor events. The Company will
provide an updated presentation for these events to be posted on the
Company's website homepage, accessed at www.billbarrettcorp.com,
under "Current Events." The Company intends to post the updated
presentation slides at 5:00 p.m. Mountain time on Wednesday, January
6, 2010.
Chairman and Chief Executive...
DENVER, CO, Nov 03, 2009 (MARKETWIRE via COMTEX) -- Bill Barrett Corporation (NYSE: BBG) today reported third quarter
2009 operating results highlighted by:
-- Production of 22.8 Bcfe, up 16% from the prior year period and up 3%
sequentially
-- Discretionary cash flow of $107.7 million, or $2.39 per diluted common
share and $4.73 per Mcfe
-- Net income of $0.7 million, or $0.02 per diluted share, and adjusted
net income of $7.9 million, or $0.18 per diluted share
-- Inc...
DENVER, CO, Oct 13, 2009 (MARKETWIRE via COMTEX) -- Bill Barrett Corporation (NYSE: BBG) plans to release its third
quarter financial and operating results before the market opens on
Tuesday, November 3, 2009 and will host a conference call to discuss
results at 12:00 p.m. EST, also on November 3.
Please join Bill Barrett Corporation via the Internet for a webcast
of the conference call:
Date/Time: Tuesday, November 3, 2009 at 12:00 p.m. EST
(10:00 a.m...
DENVER, CO, Sep 16, 2009 (MARKETWIRE via COMTEX) -- Bill Barrett Corporation (NYSE: BBG) today announced that management
plans to participate in upcoming investor events. The Company will
provide updated presentation slides for these events on the Company's
website homepage, accessed at www.billbarrettcorp.com, under "Current
Events."
President and Chief Operating Officer Joe Jaggers plans to present at
the Bank of America Merrill Lynch 2009 Smid Cap Conference on Tuesday,
September 22, 2...
DENVER, CO, Aug 13, 2009 (MARKETWIRE via COMTEX) -- Bill Barrett Corporation (NYSE: BBG) announced today that its Board
of Directors appointed Edmund (Ed) P. Segner, III as an independent
director effective August 12, 2009. Mr. Segner will serve on the
Audit and Compensation Committees of the Board of Directors.
Mr. Segner currently is a professor in the practice of engineering
management in the Department of Civil and Environmental Engineering
at Rice University. In 2008, Mr. Segner reti...
DENVER, CO, Aug 04, 2009 (MARKETWIRE via COMTEX) -- Bill Barrett Corporation (NYSE: BBG) today reported second quarter
2009 operating results highlighted by:
-- Production of 22.1 Bcfe, up 15% from the prior year period and flat
sequentially
-- Discretionary cash flow of $102.8 million, or $2.28 per diluted common
share and $4.65 per Mcfe
-- Net income of $10.6 million and adjusted net income of $15.4 million,
or $0.34 per diluted share
-- Acquisition of 90% working int...
DENVER, CO, Jul 16, 2009 (MARKETWIRE via COMTEX) -- Bill Barrett Corporation (NYSE: BBG) plans to release its second
quarter financial and operating results before the market opens on
Tuesday, August 4, 2009 and will host a conference call to discuss
results at 12:00 p.m. EDT, also on August 4.
Please join Bill Barrett Corporation via the Internet for a webcast
of the conference call:
Date/Time:
Tuesday, August 4, 2009 at 12:00 p.m. EDT
(10:00 a.m....
DENVER, CO, Jun 30, 2009 (MARKETWIRE via COMTEX) -- Bill Barrett Corporation (NYSE: BBG) today announced that it has
priced its $250 million aggregate principal amount of 9.875% Senior
Notes due 2016. The notes were sold to the public at 95.172% of the
face value to yield 10.875% to maturity. The offering size was
increased from $200 million (as previously announced) to $250
million. The notes will be unsecured, unsubordinated obligations of
the Company. Initially, all of the Company's s...
DENVER, CO, Jun 24, 2009 (MARKETWIRE via COMTEX) -- Bill Barrett Corporation (NYSE: BBG) today announced its intent to
offer, subject to market and other conditions, a series of senior
notes due 2016 in aggregate principal amount of $200 million. The
Company intends to use the net proceeds from the offering to repay
borrowings under its revolving credit facility. The notes are being
offered pursuant to a prospectus supplement to the Company's
currently effective shelf registration statem...
DENVER, CO, Jun 15, 2009 (MARKETWIRE via COMTEX) -- Bill Barrett Corporation (NYSE: BBG) announced today that it has
closed a purchase and sale agreement paying $60 million to acquire a
90% working interest in approximately 40,300 undeveloped leasehold
acres in Cottonwood Gulch, which is the former Naval Oil Shale
Reserve #1 located in the Piceance Basin of western Colorado. The
acquired properties are adjacent to the Rulison and Parachute fields,
considered to be among the most prolific ...
DENVER, CO, May 05, 2009 (MARKET WIRE via COMTEX) -- Bill Barrett Corporation (NYSE: BBG) today reported first quarter
2009 operating results highlighted by:
-- Production growth, up 21% from the prior year period and up 7%
sequentially to 22.1 Bcfe
-- Discretionary cash flow growth, up 24% from the prior year period and
up 32% sequentially to $134.8 million, or $3.01 per diluted share
-- Net income of $26.4 million and adjusted net income of $39.6 million,
or $0.89 ...
DENVER, CO, Apr 13, 2009 (MARKET WIRE via COMTEX) -- Bill Barrett Corporation (NYSE: BBG) plans to release its first
quarter financial and operating results before the market opens on
Tuesday, May 5, 2009 and will host a conference call to discuss
results at 12:00 p.m. EDT, also on May 5.
Please join Bill Barrett Corporation via the Internet for a webcast
of the conference call:
Date/Time: Tuesday, May 5, 2009 at 12:00 p.m. EDT (10:00 a.m. MDT)
Webcast: Live and...
DENVER, CO, Mar 20, 2009 (MARKET WIRE via COMTEX) -- Bill Barrett Corporation (NYSE: BBG) today announced its
participation in the Howard Weil 2009 Energy Conference to be held
March 22 through 26, 2009. Chairman and Chief Executive Officer Fred
Barrett will present on Monday, March 23 at 1:40 p.m. CDT. In
conjunction with the conference, the Company will provide an updated
investor presentation that will be posted on the Company's website at
http://www.billbarrettcorp.com. In addition, th...
Feb 24, 2009, (MARKET WIRE via COMTEX) -- Bill Barrett Corporation (NYSE: BBG) today reported full-year 2008
operating results highlighted by:
-- Production growth, up 27% to 77.6 Bcfe
-- Proved reserve growth, up 47% to 818 Bcfe
-- Reserve replacement ratio 436%
-- Proved, probable and possible resources up 45% to 2.9 Tcfe
-- Discretionary cash flow of $429.1 million, up 71% per diluted share to
$9.53
-- Net income of $107.6 million, up 298% per diluted share to $...
DENVER, CO, Feb 18, 2009 (MARKET WIRE via COMTEX) -- Bill Barrett Corporation (NYSE: BBG) board of directors member
Philippe S.E. Schreiber passed away on Saturday, February 14, 2009 at
the age of 68. Mr. Schreiber has served as a director of the Company
since February 2002, which was the Company's first year of
operations.
"We have lost a friend, mentor and trusted advisor," commented
Chairman and Chief Executive Officer Fred Barrett. "Philippe served
us well as a member of our board of ...
DENVER, CO, Jan 22, 2009 (MARKET WIRE via COMTEX) -- Bill Barrett Corporation (NYSE: BBG) announced today certain
unaudited operating results for year-end 2008 and certain operating
guidance for 2009. 2008 highlights include (unaudited):
-- Proved reserve growth of 47% to 818.3 Bcfe
-- Production growth of 27% to 77.6 Bcfe
-- Estimated capital expenditures of $601 million
-- Gothic shale discovery in the Paradox Basin with first sales in
December
-- Liquidity of $331...
DENVER, CO, Jan 12, 2009 (MARKET WIRE via COMTEX News Network) -- Bill Barrett Corporation (NYSE: BBG) today announced that management
plans to participate in upcoming investor events. The Company will
provide updated presentation slides for these events on the Company's
website homepage, accessed at www.billbarrettcorp.com, under "Current
Events."
Goldman Sachs Global Energy Conference 2009: Chief Executive Officer
Fred Barrett will participate in a panel on Wednesday, January 14,
2009 ...
DENVER, CO, Nov 05, 2008 (MARKET WIRE via COMTEX News Network) -- Bill Barrett Corporation (NYSE: BBG) today reported third quarter
2008 operating results highlighted by:
-- A significant shale gas discovery at the Yellow Jacket prospect in the
Paradox Basin in southwest Colorado
-- Production growth, up 33% from the prior year period to 19.6 billion
cubic feet equivalent (Bcfe)
-- Discretionary cash flow growth, up 93% from the prior year period to
$105.6 million or $2.3...
DENVER, CO, Oct 21, 2008 (MARKET WIRE via COMTEX News Network) -- Bill Barrett Corporation (NYSE: BBG) announced today an increase in
the Company's revolving line of credit from $467 million to $592.8
million, based on strong mid-year reserve growth. As of October 20,
2008, the Company had $174.0 million drawn from the credit facility,
providing availability of $418.8 million. The credit facility is led
by JPMorgan Chase Bank, N.A. and is supported by a total of 17
lenders, including two l...
DENVER, CO, Sep 25, 2008 (MARKET WIRE via COMTEX News Network) -- Bill Barrett Corporation (NYSE: BBG) plans to release its third
quarter financial and operating results before the market opens on
Wednesday, November 5, 2008 and will host a conference call to
discuss results at 12:00 p.m. EST, also on November 5.
Please join Bill Barrett Corporation via the Internet for a webcast
of the conference call:
Date/Time: Wednesday, November 5, 2008 at 12:00 p.m. EST
...
DENVER, CO, Aug 08, 2008 (MARKET WIRE via COMTEX News Network) -- Bill Barrett Corporation (NYSE: BBG) today announced that management
plans to participate in upcoming investor events. The Company will
provide presentation slides for the events on the Company's website
homepage, accessed at www.billbarrettcorp.com, under "Current
Events."
The Oil and Gas Conference Denver 2008 hosted by EnerCom: Chairman
and Chief Executive Officer Fred Barrett will present on Monday,
August 11, 2008 at 8...
DENVER, CO, Aug 05, 2008 (MARKET WIRE via COMTEX News Network) -- Bill Barrett Corporation (NYSE: BBG) today reported second quarter
2008 operating results highlighted by:
-- Production growth, up 28% from the prior year period to 19.2 billion
cubic feet equivalent (Bcfe)
-- Discretionary cash flow growth, up 106% from the prior year period to
$113.4 million or $2.50 per diluted common share and $5.90 per million
cubic feet equivalent (Mcfe)
-- Net income growth, up 243% ...
DENVER, CO, Jun 19, 2008 (MARKET WIRE via COMTEX News Network) -- Bill Barrett Corporation (NYSE: BBG) plans to release its second
quarter financial and operating results before the market opens on
Tuesday, August 5, 2008 and will host a conference call to discuss
results at 12:00 p.m. EDT, also on August 5.
Please join Bill Barrett Corporation via the Internet for a webcast
of the conference call:
Date/Time: Tuesday, August 5, 2008 at 12:00 p.m. EDT
(10:0...
DENVER — June 5, 2008 — Bill Barrett Corporation (NYSE: BBG) today announced that management plans to participate in upcoming investor events. The Company will provide presentation slides for the events on the Company's website homepage, accessed at www.billbarrettcorp.com , under “Current Events.”
Tristone Capital Rocky Mountain Energy Forum 2008: Chairman and Chief Executive Officer Fred Barrett will present on Tuesday, June 10, 2008 at 8:00 a.m. MDT.
Wachovia Capital Markets, LLC s...
DENVER, CO, May 08, 2008 (MARKET WIRE via COMTEX News Network) -- Bill Barrett Corporation (NYSE: BBG) management plans to participate
in three upcoming events, and the Company invites you to listen via
Webcast. The Webcast and presentation slides for each event may be
accessed on the Company's Website homepage, at
www.billbarrettcorp.com, under "Current Events" and will be available
live and for replay.
Bill Barrett Corporation's Annual Meeting of Stockholders: The
Company's annual meet...
DENVER, CO, May 06, 2008 (MARKET WIRE via COMTEX News Network) -- Bill Barrett Corporation (NYSE: BBG) today reported first quarter
2008 operating results highlighted by:
-- Production up 28% from the prior year period to 18.2 Bcfe
-- Discretionary cash flow up 58% from the prior year period to $108.3
million, or $2.40 per diluted common share and $5.95 per Mcfe of production
-- Net income up 116% from the prior year period to $30.7 million, or
$0.68 per diluted common share
...
DENVER, CO, Apr 03, 2008 (MARKET WIRE via COMTEX News Network) -- Bill Barrett Corporation (NYSE: BBG) today announced its
participation in the Howard Weil 2008 Energy Conference to be held
April 6 through 10, 2008. Chairman and CEO Fred Barrett will present
on Monday, April 7 at 2:10 pm CDT. In conjunction with the
conference, the Company will submit to the Securities and Exchange
Commission (SEC) an updated investor presentation. Please find the
presentation after market close on Friday,...
DENVER, CO, Apr 03, 2008 (MARKET WIRE via COMTEX News Network) -- Bill Barrett Corporation (NYSE: BBG) plans to release its first
quarter financial and operating results before the market opens on
Tuesday, May 6, 2008 and will host a conference call to discuss
results at 12:00 p.m. EDT, also on May 6.
Please join Bill Barrett Corporation via the Internet for a webcast
of the conference call:
Date/Time: Tuesday, May 6, 2008 at 12:00 p.m. EDT (10:00 a.m. MDT)
Webcast: ...
DENVER, CO, Mar 12, 2008 (MARKET WIRE via COMTEX News Network) -- Bill Barrett Corporation (NYSE: BBG) announced today the closing of
its offering of $172.5 million aggregate principal amount of 5.0%
convertible senior notes. The total offering amount reflects full
exercise by the underwriters of the $22.5 million over-allotment
option granted by the Company. Net proceeds to the Company of $167.3
million, after deducting the underwriting discount, will be used to
reduce the outstanding ind...
DENVER, CO, Mar 05, 2008 (MARKET WIRE via COMTEX News Network) -- Bill Barrett Corporation (NYSE: BBG) announced today that it has
priced its offering of $150.0 million aggregate principal amount of
5.0% convertible senior notes due 2028. This offering is made
pursuant to a prospectus supplement and a final term sheet to the
Company's current shelf registration statement as filed with the
Securities and Exchange Commission. The Company has granted the
underwriters a 30-day option to purcha...
DENVER, CO, Mar 04, 2008 (MARKET WIRE via COMTEX News Network) -- Bill Barrett Corporation (NYSE: BBG) announced today its intent to
offer, subject to market and other conditions, a new issue of
convertible senior notes with an aggregate principal amount of $130.0
million. The net proceeds from the offering will be used to reduce
the outstanding indebtedness under the Company's revolving credit
facility. The Company also intends to grant the underwriters of the
proposed offering an option ...
DENVER, CO, Feb 26, 2008 (MARKET WIRE via COMTEX News Network) -- Bill Barrett Corporation (NYSE: BBG) today reported full-year 2007
operating results highlighted by:
-- Production growth, up 17% to 61.2 Bcfe
-- Proved reserve growth, up 30% to 558 Bcfe, up 44% adjusting for
property sales
-- Reserve replacement ratio 382%
-- Proved, probable and possible resources of 2 Tcfe
-- Discretionary cash flow of $248.5 million, or $5.56 per diluted share
-- Net income of $26.8 millio...
DENVER, CO, Feb 05, 2008 (MARKET WIRE via COMTEX News Network) -- Bill Barrett Corporation (NYSE: BBG) today announced its
participation in the Credit Suisse 2008 Energy Summit. In conjunction
with the conference, the Company has prepared and submitted to the
Securities and Exchange Commission (SEC) an updated investor
presentation. Please find the presentation on the Company's website
at http://www.billbarrettcorp.com and click on "Investor Presentation"
under "Current Events" or at the S...
DENVER, CO, Jan 17, 2008 (MARKET WIRE via COMTEX News Network) -- Bill Barrett Corporation (NYSE: BBG) announced today certain
unaudited operating results for year-end 2007 and certain operating
and financial guidance for 2008.
Chairman and Chief Executive Officer, Fred Barrett, commented: "Our
successful 2007 development and exploration activities generated
year-end estimated proved reserves of 558 billion cubic feet
equivalent (Bcfe), which were up 30% from year-end 2006 and up 44% as
a...
DENVER, CO, Jan 08, 2008 (MARKET WIRE via COMTEX News Network) -- Bill Barrett Corporation (NYSE: BBG) plans to release its fourth
quarter and full year 2007 financial and operating results before the
market opens on Tuesday, February 26, 2008 and will host a conference
call to discuss results at 12:00 p.m. EST, also on February 26.
Please join Bill Barrett Corporation via the Internet for a webcast
of the conference call:
Date/Time: Tuesday, February 26, 2008 at 12:00 p.m. E...
DENVER – (PR Newswire) – February 22, 2007 – Bill Barrett Corporation (NYSE: BBG) today announced that Bob Howard has been named as Chief Financial Officer and Treasurer, and is expected to start in April.
Robert (“Bob”) W. Howard, 52, is a successful Rockies oil and gas executive with over 25 years experience in finance, accounting, Sarbanes-Oxley compliance, tax, and investor relations. He currently serves as Chief Financial Officer for Quantum Resources, a private oil and gas company headq...
DENVER – February 1, 2007 – Bill Barrett Corporation (NYSE: BBG) announces two upcoming investor events.
Investor Day Webcast
The Company invites you to listen to a webcast of its Investor Day on Monday, February 5, 2007, which is scheduled for 1:30 p.m. EST (12:30 p.m. CST, 11:30 a.m. MST). The webcast and presentation slides may be accessed at www.billbarrettcorp.com by clicking on the link entitled “Webcasts.”
Earnings Release Conference Call
The Company plans to release its fourt...
DENVER – (PR Newswire) – January 5, 2007 – Bill Barrett Corporation (NYSE: BBG) announced today its schedule for investor relations activities in January and February 2007.
The Company intends to participate in the “Energize 2007: New Year, New Realities” conference hosted by Pritchard Capital Partners, LLC to be held in San Francisco, California on January 8 –January 12, 2007. Company Chairman and Chief Executive Officer Fred Barrett will present to the conference on Tuesday, January 9, 2007...
DENVER, Dec. 22 /PRNewswire-FirstCall/ -- Bill Barrett Corporation (NYSE: BBG - News) today announced that it has entered into an exploration and development agreement (EDA) with Ute Energy at Blacktail Ridge in the Uinta Basin. This area includes approximately 99,000 acres of tribal and area of mutual interest land and is located in the Cedar Rim portion of the prolific Altamont-Bluebell field, which has produced over 197 million barrels of oil and 177 billion cubic feet of gas, primarily from ...
DENVER – (PR Newswire) – January 5, 2007 – Bill Barrett Corporation (NYSE: BBG) announced today its schedule for investor relations activities in January and February 2007.
The Company intends to participate in the “Energize 2007: New Year, New Realities” conference hosted by Pritchard Capital Partners, LLC to be held in San Francisco, California on January 8 –January 12, 2007. Company Chairman and Chief Executive Officer Fred Barrett will present to the conference on Tuesday, January 9, 2007...
DENVER – (PR Newswire) – December 11, 2006 – Bill Barrett Corporation (NYSE: BBG) today announced that Joseph N. Jaggers, President and Chief Operating Officer, has been appointed to the Board of Directors effective today. Including Mr. Jaggers, the Company's Board currently has nine directors.
Fred Barrett, Chairman and Chief Executive Officer, commented, “We are excited to add Joe to the Board. His operational expertise, strategic vision, and significant Rockies E&P experience will add to...
DENVER – (PR Newswire) – November 13, 2006 – Bill Barrett Corporation (NYSE: BBG) today announced that its delineation test, the Peter's Point 4-12D (100% working interest), was successfully completed in the Navajo formation. The well tested into the sales line on November 12, 2006 at rates of 10.1 million cubic feet equivalent per day (gross) and 12 barrels of water per day, and had a flowing casing pressure of 1,400 pounds per square inch on a 36/64 inch choke. The Company expects to spud its ...
DENVER – October 16, 2006 – Bill Barrett Corporation (NYSE: BBG) announced that its Chief Financial Officer, Thomas B. Tyree, Jr., has informed the Company that he is resigning effective November 17, 2006 to begin a new oil and gas venture. Mr. Tyree stated, “This was an extremely difficult decision to make, but an opportunity to be a founder of a new company was too hard to pass up. I have thoroughly enjoyed my time working with the exceptional employees, management and the Board of Bill Barret...
DENVER — (PR Newswire) — October 13, 2006 — Bill Barrett Corporation (NYSE: BBG) today announced its participation in the 2006 Fall Energy Symposium hosted by Deutsche Bank Securities to be held in Newport, Rhode Island on October 18 – October 20, 2006.
Company Chairman and Chief Executive Officer Fred Barrett will present to the conference on Friday, October 20, 2006, at 7:00 a.m. EDT. The material that Mr. Barrett will present will be available on the Company's website at http://www.billb...
DENVER – October 13, 2006 – Bill Barrett Corporation (NYSE: BBG) will release its third quarter 2006 financial and operating results before the market opens on Tuesday, November 7, 2006. A conference call to discuss these results is scheduled for 12:30 p.m. EST (11:30 a.m. CST, 10:30 a.m. MST) on Tuesday, November 7, 2006. The conference call details are:
Call-in Number: 800-344-0624 US/Canada
706-643-1890 International
Passcode: ...
DENVER — (PR Newswire) — September 22, 2006 — Bill Barrett Corporation (NYSE: BBG) today announced its participation in the Oil & Gas Investment Symposium West hosted by IPAA to be held in San Francisco, California on October 3 – October 5, 2006.
Company President and Chief Operating Officer Joe Jaggers will present to the conference on Tuesday, October 3, 2006 at 11:45 a.m. PDT. Mr. Jaggers' presentation will be webcast live with both audio and user controlled slides available on the Compan...
DENVER — (PR Newswire) — August 31, 2006 — Bill Barrett Corporation (NYSE: BBG) today announced its participation in the 2006 CEO Energy/Power Conference hosted by Lehman Brothers to be held in New York, New York on September 5 – September 7, 2006.
Company Chairman and Chief Executive Officer Fred Barrett will present to the conference on Tuesday, September 5, 2006 at 1:05 p.m. EDT. Mr. Barrett's presentation will be webcast live with both audio and user controlled slides available on the Comp...
DENVER, Aug. 10 /PRNewswire-FirstCall/ -- Bill Barrett Corporation (NYSE: BBG - News) today announced its participation in The Eleventh Oil & Gas Conference to be held in Denver, Colorado on August 13 - August 17, 2006.
Company Chairman and Chief Executive Officer Fred Barrett will present to the conference on Monday, August 14 at 8:00 a.m. MDT. Mr. Barrett's presentation will be webcast live with both audio and user controlled slides available on the Company's website at http://www.billbarret...
DENVER, Aug. 7 /PRNewswire-FirstCall/ -- Bill
Barrett Corporation (NYSE: BBG
- News)
today reported that production for the second quarter ended
June 30, 2006 was 12.2 billion cubic feet equivalent (Bcfe),
an average of 134 million cubic feet equivalent per day
(MMcfed), which represents a 42% increase from the second
quarter of 2...
DENVER, July 10 /PRNewswire-FirstCall/ -- Bill Barrett Corporation (NYSE: BBG - News) today announced that the Board of Directors has appointed Randy Foutch as an independent director effective July 7, 2006. Mr. Foutch will serve on the Audit Committee and the Nominating and Corporate Governance Committee of the Board.
Randy A. Foutch, 54, is an experienced oil and gas executive with extensive geologic and engineering experience. Mr. Foutch founded Latigo Petroleum, Inc. in 2002 and served as ...
DENVER, July 10 /PRNewswire-FirstCall/ -- Bill Barrett Corporation (NYSE: BBG - News) today announced that Joe Jaggers has been hired as Chief Operating Officer and President effective today.
Joseph ("Joe") N. Jaggers, 52, is an experienced executive with a 25-year career managing oil and gas operations. Mr. Jaggers has significant experience operating in the Rocky Mountains in both conventional and unconventional resources, such as basin-centered, tight gas, and coal bed methane. He was rec...
DENVER, June 12 /PRNewswire-FirstCall/ -- Bill Barrett Corporation (NYSE: BBG - News) announced its participation in the Morgan Stanley Small Cap Executive Conference to be held in New York City on June 14 - June 16, 2006.
Company President and Chief Executive Officer Fred Barrett will present to the conference on Wednesday, June 14 at 9:45 a.m. EDT. Mr. Barrett's presentation will be webcast live with both audio and user controlled slides available on the Company's website at http://www.bil...
DENVER, June 1 /PRNewswire-FirstCall/ -- Bill Barrett Corporation (NYSE: BBG - News) today provided an operational update for its Williston Basin properties in Montana and North and South Dakota.
Red Bank/Target -- The Company recently completed three wells, one of which had an initial production rate of 170 Bopd (barrels of oil per day) (gross) and currently is producing at 160 Bopd (gross). The other two wells are in the early stages of testing with oil shows. The Company's working interest ...
DENVER, May 9 /PRNewswire-FirstCall/ -- Bill Barrett Corporation (NYSE: BBG - News)
today reported that production for the first quarter ended
March 31, 2006 was a record 13.1 billion cubic feet equivalent
(Bcfe), an average of 146 million cubic feet equivalent per
day (MMcfed), which represents a 55% increase from the first
quarter of 2005 and a 10% increase from the previous quarter.
...
DENVER, May 8 /PRNewswire-FirstCall/ -- Bill Barrett Corporation (NYSE: BBG - News) reported that it closed on the acquisition of CH4 Corporation today for approximately $82 million, which includes $3 million of associated working capital. The acquisition was funded with borrowings under its revolving line of credit. CH4 Corporation operates and has leasehold positions in the Big George coalbed methane play of the Powder River Basin.
About Bill Barrett Corporation
Bill Barrett Corporatio...
DENVER, April 21 /PRNewswire-FirstCall/ -- Bill Barrett Corporation (NYSE: BBG - News) will release its first quarter 2006 financial and operating results after the market closes on Tuesday, May 9, 2006. A conference call to discuss these results is scheduled for 4:30 p.m. EDT (3:30 p.m. CDT, 2:30 p.m. MDT) on Tuesday, May 9, 2006. The conference call details are:
Call-in Number: 800-344-0624 US/Canada
706-643-1890 International
Passcode: 8218412
...
DENVER, April 13 /PRNewswire-FirstCall/ -- Bill Barrett Corporation (NYSE: BBG - News) today announced that it has entered into an agreement to purchase CH4 Corporation for $80 million, subject to customary adjustments for working capital changes and other matters. CH4 Corporation has approximately 85,500 gross undeveloped acres (51,900 net undeveloped acres) in the Powder River Basin coalbed methane (CBM) play, including acreage in the Hartzog Draw area. The acquired properties are currently pr...
DENVER — (PR Newswire) — March 13, 2006 — Bill Barrett Corporation (NYSE: BBG) announced its participation in the Howard Weil Energy Summit Conference to be held in New Orleans, Louisiana on March 19 – March 23, 2006.
Company Chairman and Chief Executive Officer Fred Barrett will present to the conference on Monday, March 20 at 2:10 p.m. CDT. The material that Mr. Barrett will present will be available on the Company's website at http://www.billbarrettcorp.com just prior to the presentation. ...
DENVER, March 2 /PRNewswire-FirstCall/
-- Bill Barrett Corporation (NYSE: BBG
- News) today
reported full year operating results for 2005 that were highlighted
by:
* Production growth of 24%
* Proved reserve growth of 17%
* Discretionary cash flow (1) of $195.4 million
* Discretionary cash flow (1) per share of $4.50
* Net inco...
Tuesday February 28, 4:15 pm ET
DENVER, Feb. 28 /PRNewswire-FirstCall/ -- The Board of Directors of Bill Barrett Corporation (NYSE: BBG - News) today announced that Fredrick J. Barrett has been appointed Chairman and Chief Executive Officer effective March 1, 2006. Fred, currently President and Chief Operating Officer, replaces William J. Barrett, who will retire from the Company and the Board of Directors as of the annual meeting of stockholders on May 17, 2006.
"I am proud that Fred wi...
DENVER, Feb. 15 /PRNewswire-FirstCall/ -- Bill Barrett Corporation (NYSE: BBG - News) will release its fourth quarter and full year 2005 financial and operating results after the market closes on Thursday, March 2, 2006. A conference call to discuss these results is scheduled for 4:30 p.m. EST (3:30 p.m. CST, 2:30 p.m. MST) on Thursday, March 2, 2006. The conference call details are:
Call-in Number: 800-344-0624 US/Canada
706-643-1890 International
Passcode: ...
HOUSTON, Feb. 2 /PRNewswire-FirstCall/ -- Oil and Gas Investor magazine, an international trade publication covering the oil and gas industry, named Denver-based Bill Barrett Corporation's (NYSE: BBG - News) deep test well in northeast Utah's West Tavaputs Plateau the magazine's Discovery of the Year for 2005. Company officials accepted the award today in Houston at the annual North American Prospect Expo, the country's largest marketplace for natural resource prospects and technologies.
The ...
DENVER, Jan. 27 /PRNewswire-FirstCall/ -- Bill Barrett Corporation (NYSE: BBG - News) announced its participation in the Credit Suisse Energy Summit Conference to be held in Vail, Colorado on January 30 -- February 3, 2006.
Company President and Chief Operating Officer Fred Barrett will present to the conference on Thursday, February 2 at 9:30 a.m. MST. Mr. Barrett's presentation will be webcast live with both audio and user controlled slides available on the Company's website at http://www....
DENVER, Jan. 17 /PRNewswire-FirstCall/ -- Bill
Barrett Corporation (NYSE: BBG
- News) announced
today that production for the year ended December 31, 2005 was
39.4 billion cubic feet equivalent (Bcfe), a 24% increase from
the previous year. Production for 2005 was 92% natural gas and
8% oil. Production in the fourth quarter of 2005 was 12.3 B...
DENVER, Nov. 3 /PRNewswire-FirstCall/ -- Bill
Barrett Corporation (NYSE: BBG
- News) reported
that production for the third quarter that ended September 30,
2005 was a record 10.1 billion cubic feet equivalent (Bcfe),
a 24% increase from the third quarter of 2004 and an 18% increase
from the second quarter of 2005. Net of the effects of hedging,
the realized...
DENVER, Oct. 19 /PRNewswire-FirstCall/ -- Bill Barrett Corporation (NYSE: BBG - News) will release its financial and operating results for the third quarter of 2005 after the market closes on Thursday, November 3, 2005. A conference call to discuss these results is scheduled for 4:30 p.m. EST (3:30 p.m. CST, 2:30 p.m. MST) on Thursday, November 3, 2005. The conference call details are:
Call-in Number: 800-344-0624 US/Canada
706-643-1890 International
Pa...
Denver, CO. October 17, 2005- Denver-based Bill Barrett Corporation (BBC) was recognized by the Interstate Oil and Gas Compact Commission (IOGCC) for the company's “superior environmental stewardship” at the IOGCC's annual meeting in Jackson Hole, Wyoming last month.
The IOGCC commended the company for spending “more than $900,000 to clean up well sites neglected by previous owners, reroute and realign roads to better protect natural artifacts and fund a culture artifact inventory project. Th...
DENVER, Aug. 18 /PRNewswire-FirstCall/ -- Bill Barrett Corporation (NYSE: BBG - News) today announced that affiliates of each of The Goldman Sachs Group, Inc. and J.P. Morgan Chase & Co. priced a secondary offering of 5.5 million shares of common stock at $30.25 per share. The total number of shares was increased by 500,000 shares over the number included in the initial registration statement filing for this offering. An additional 825,000 shares may be sold if the underwriters exercise their op...
DENVER, COLORADO — (PR Newswire) — August 25, 2005 — Bill Barrett Corporation (NYSE: BBG) announced its participation in the Lehman Brothers CEO Energy/Power Conference to be held in New York, New York on September 6-8, 2005.
Company President and Chief Operating Officer Fred Barrett will present to the conference on Tuesday, September 6 at 1:45 p.m. EDT. Mr. Barrett's presentation will be webcast live with both audio and user controlled slides available on the Company's website at http://ww...
DENVER, Aug. 3 /PRNewswire-FirstCall/ -- Bill
Barrett Corporation (NYSE: BBG
- News) reported
that production for the second quarter that ended June 30, 2005
was 8.6 billion cubic feet equivalent (Bcfe), which compares to
8.1 Bcfe in the second quarter 2004. Net of the effects of hedging,
the realized price for the Company's production in the second
quarter 2005 was $6.31...
DENVER, COLORADO - (PR Newswire) - August 3, 2005 - Bill Barrett Corporation announced today that certain of its institutional stockholders have exercised their registration rights to cause the Company to file a registration statement for the sale of up to five million shares of its common stock, representing a portion of their holdings, in an underwritten offering, subject to market conditions. The Company anticipates filing a registration statement with the SEC during the next week. The regist...
DENVER – July 28, 2005 – Bill Barrett Corporation (NYSE: BBG) will release its financial and operating results for the second quarter of 2005 before the market opens on Thursday, August 4, 2005. A conference call to discuss these results is scheduled for 2:00 p.m. EDT (1:00 p.m. CDT, 12:00 p.m. MDT) on Thursday, August 4, 2005. The conference call details are:
Call-in Number: 800-344-0624 US/Canada
706-643-1890 International
Passcode: 7922211
Access to a live Internet broadcast will be av...
DENVER, June 13 /PRNewswire-FirstCall/ -- Bill Barrett Corporation (NYSE: BBG - News) announced that effective June 13, 2005, Fredrick J. Barrett was appointed Chief Operating Officer of the Company. Mr. Barrett also will continue to serve as President and a director of the Company. J. Frank Keller, who previously served as Chief Operating Officer, will continue to serve in an active management role as Executive Vice President. Although Mr. Keller has not provided the Company with notice of his ...
DENVER, June 9 /PRNewswire-FirstCall/ -- Bill Barrett Corporation (NYSE: BBG - News) announced its participation in the Morgan Stanley Small Cap Conference to be held in New York City, New York on June 13-15, 2005.
Company President Fred Barrett will present to the conference on Tuesday, June 14 at 2:45 p.m. EDT. A link to Mr. Barrett's presentation, including the audio portion, will be available on the Company's website at http://www.billbarrettcorp.com. The presentation will be available on t...
DENVER, May 5 /PRNewswire-FirstCall/ -- Bill
Barrett Corporation (NYSE: BBG
- News) today
reported that production for the first quarter that ended March
31, 2005 was 8.5 billion cubic feet equivalent (Bcfe), a 15% increase
over first quarter 2004. Net of the effects of hedging, the average
sales price for the Company's production in the first quarter
of 2005 was $5.98 pe...
DENVER -- (PR Newswire) -- April 4, 2005 -- Bill Barrett Corporation (NYSE: BBG) announced its participation in the Howard Weil 2005 Energy Conference in New Orleans, Louisiana on April 3 -7. Company Chief Executive Officer William J. ("Bill") Barrett will present to the conference on Monday, April 4 at 2:10 p.m. CDT. The material that Mr. Barrett will present will be available on the Company's website at http://www.billbarrettcorp.com prior to the presentation.
Reserves Analysis Completed
...
DENVER – (PR Newswire) – March 11, 2005 – Bill Barrett Corporation (NYSE: BBG) announced its participation in the A.G. Edwards' Energy Conference in Boston, Massachusetts on March 15 - 17, 2005. Company President Fred Barrett will present to the conference on Wednesday, March 16 at 8:30 a.m. EST. Mr. Barrett's presentation, including the audio portion, will be available on the Company's website at ttp://www.billbarrettcorp.com. A replay of the presentation will be available on this website until...
DENVER, Jan. 13 /PRNewswire-FirstCall/ -- Bill Barrett Corporation (NYSE: BBG - News) announced today that Michael E. Wiley has been elected to the Company's Board of Directors as an independent director. William J. Barrett, Chairman and Chief Executive Officer of Bill Barrett Corporation, said, "We are excited to add Mike's experience and expertise in the oil and gas industry to our Board of Directors. His background as an engineer and as the former Chairman and CEO of Baker Hughes Incorporated...
DENVER, March 1 /PRNewswire-FirstCall/ -- Bill Barrett Corporation (NYSE: BBG - News) will release its fourth quarter and full year 2004 financial and operating results on Thursday, March 10, 2005 after the market closes. A conference call to discuss these results is scheduled for 11:00 a.m. EST (10:00 a.m. CST, 9:00 a.m. MST) on Friday, March 11, 2005. The conference call details are:
Call-in Number: 800-257-3679 US/Canada
706-634-7545 International
Passcode...
DENVER š (PR Newswire) š February 2, 2005 š Bill
Barrett Corporation (NYSE: BBG) today announced proved reserves
at December 31, 2004 were 292.3 billion cubic feet of natural
gas equivalents (Bcfe). Proved reserve volumes increased 43% over
the 2003 levels. The year-end reserves consist of 257.8 Bcf of
natural gas (88%) and 5.7 million barrels of oil (12%). The present
value of the reserve...
DENVER, Jan. 31 /PRNewswire-FirstCall/ -- Bill Barrett Corporation (NYSE: BBG - News) today announced its participation in Credit Suisse First Boston's annual Energy Summit in Vail, Colorado on January 31-February 4, 2005. Company President Fred Barrett will present to the conference on Wednesday, February 2 at 9:30 MST. Mr. Barrett's presentation will be webcast live with both audio and user controlled slides at 9:30 a.m. MST on the Company's site at http://www.billbarrettcorp.com; the presenta...
Denver, Colorado – (PR Newswire) – January 24, 2005 – Bill Barrett Corporation (NYSE: BBG) announced it has entered into a joint venture agreement to explore and develop its 368,000 gross (345,000 net) acreage position in the eastern portion of the Denver Basin. The Company signed an agreement with Berry Petroleum Company (NYSE: BRY) to conduct joint operations in this region of the Rocky Mountains located in eastern Colorado, western Kansas and southwestern Nebraska that is identified as the Tr...
DENVER, Jan. 13 /PRNewswire-FirstCall/ -- Bill Barrett Corporation (NYSE: BBG - News) announced today that Michael E. Wiley has been elected to the Company's Board of Directors as an independent director. William J. Barrett, Chairman and Chief Executive Officer of Bill Barrett Corporation, said, "We are excited to add Mike's experience and expertise in the oil and gas industry to our Board of Directors. His background as an engineer and as the former Chairman and CEO of Baker Hughes Incorporated...
DENVER, Dec. 15 /PRNewswire-FirstCall/ -- Bill Barrett Corporation (NYSE: BBG - News) announced today that its initial public offering was successfully completed. The Company sold 14.95 million shares at a price of $25 per share to the public. The number of shares in the sale included 1.95 million shares pursuant to the exercise of the underwriters' full over-allotment option. The Company received approximately $347 million, net of expenses.
Goldman, Sachs & Co. acted as the sole book-running ...
DENVER, Dec. 10 /PRNewswire-FirstCall/ -- Bill Barrett Corporation (NYSE: BBG - News) announced today that its initial public offering of 13 million shares of common stock was priced at $25.00 per share to the public. To the extent the underwriters sell more than the 13 million shares of common stock, the underwriters have the option to purchase up to an additional 1.95 million shares from the Company. All stock sold in the offering will be issued by the Company. Assuming no exercise of the unde...
