- Bill Barrett (BBG +3.3%) opens to solid gains after an updated investor presentation reveals strong results for seven wells in the Niobrara, with initial production rates of 850 boe/day and 30-day rates of 437 boe/day, which are slightly ahead of the play average for BBG of 430 boe/day.
- Wunderlich notes the presentation doesn't state which formations the wells targeted (though it looks like Niobrara B, C, and Codell targets), but the results provide added confidence in the assets and help boost the average extension well from 423 boe/day on a 30-day rate to 430 boe/day (Briefing.com).
From other sites
at CNBC.com (Dec 29, 2014)
at CNBC.com (Dec 10, 2014)
at CNBC.com (Aug 21, 2014)
at CNBC.com (Oct 1, 2013)
at CNBC.com (Sep 30, 2013)
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