Bill Barrett (BBG) Updates FY17 Operating Guidance

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Go back to Bill Barrett (BBG) Updates FY17 Operating Guidance

Bill Barrett Corporation Updates 2017 Operating Guidance; Increasing Production Guidance while Reducing Lease Operating Expense and Capital Expenditure Guidance

September 5, 2017 6:40 AM EDT

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 by a combination of early positive results from its enhanced completion program in the Denver-Julesburg ("DJ") Basin, strong results from a nine well recompletion program in the Uinta Oil Program and the expected timing of well completions during the second half of 2017, the Company is raising its 2017 production guidance range from 6.0-6.5 million barrels of oil equivalent... More