Current BBG Stock Info

Company will Operate in Only 2 Basins: DJ and Uinta; Deal Eliminates 57% of BBG’s Net Debt

Bill Barrett Corporation (ticker: BBG), an exploration and production company focused on the Rocky Mountain region, has shifted its asset position in a deal totaling $757 million. On September 16, 2014, the company announced the sale of the majority of its acreage in the Powder River Basin, along with the remainder of its Piceance Basin acreage, for cash and acreage in the Northeast Wattenberg.

The divested assets provided 33% of BBG’s field level c...

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