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Bill Barrett Corp Comments On FY 2013 Production Guidance

Thursday, 31 Jan 2013 06:40pm EST 

Bill Barrett Corp announced production guidance for fiscal 2013 and projects 50%-55% growth in oil production compared with fiscal 2012 and estimates approximately 6%-8% of production will be NGLs under three-stream reporting. NGL production declines from fiscal 2012 are due to the partial sale of Gibson Gulch and assumes the Company rejects ethane for the full year. Lower projected production in fiscal 2013 compared to fiscal 2012 is due to the sale of natural gas assets and ceasing drilling at the Company's natural gas programs. 

Company Quote

-0.24 -2.05%
24 Dec 2014