R. Scot Woodall, President and Chief Executive Officer of Bill Barrett Corporation (NYSE: BBG), presented today at EnerCom’s The Oil & Gas Conference® 20.
Bill Barrett Corporation, headquartered in Denver, Colorado, develops oil and natural gas in the Rocky Mountain region of the United States.
The company’s sales volume grew to 1.6 MMBoe in Q2’15, exceeding guidance by 9%. The higher than expected production levels convinced management to increase BBG’s full-year 2015 production guidance to 6.1-6.5 MMBoe, represents 23% growth over 2014 utilizing the mid-point of the guidance range.
During the company’s breakout session, management was asked the following questions:
- What’s the company’s capex/production growth target for 2016 based on the commodity price?
- What’s your one rig DJ program look like, from a production standpoint?
- What kinds of chemical components do you use for your well completions?
- What do you look for when you consider investments, acquisitions or partnerships?
- Do you plan on issuing debt or offering stock in order to fund your operating cash flows?
- Can you talk about the wells that you are both completing and not completing?
- Do you still anticipate appraising your flagship asset in the future?
- When you will provide formal guidance for 2016?
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