Bill Barrett Corporation (BBG) - NYSE
  • Oct. 1, 2014, 7:45 AM
    • Vanguard Natural Resources (NASDAQ:VNR) completes its previously announced acquisition of Bill Barrett (NYSE:BBG) for an adjusted price of $508M, and says the deal will be immediately accretive to distributable cash flow at closing.
    • The acquisition includes an average working interest of 78% in ~950 producing wells, 119 recompletion projects and 94 proved undeveloped vertical drilling locations.
    • VNR's borrowing base is increased to $2B from $1.525B.
    | Oct. 1, 2014, 7:45 AM
  • Jan. 3, 2013, 10:07 AM

    Vanguard Natural Resources (VNR +0.5%) closes the purchase of natural gas and liquids properties from Bill Barrett (BBG +1.2%) for ~$328M, and says the acquisitions would immediately add to cash flow. The properties hold proved reserves equal to ~300B cu. ft. of gas and current production of ~65M cu. ft./day from 2,822 wells.

    | Jan. 3, 2013, 10:07 AM
  • Nov. 1, 2012, 8:19 AM

    Bill Barrett (BBG) agrees to sell certain non-core natural gas assets including all Wind River Basin natural gas producing properties, the Powder River Basin coal bed methane assets and a working interest in its Gibson Gulch-Piceance Basin development property, to an affiliate of Vanguard Natural Resources (VNR) for $335M.

    | Nov. 1, 2012, 8:19 AM | 1 Comment
Company Description
Bill Barrett Corp. operates as an oil and gas company, which engages in the exploration, development and production of natural gas and crude oil. It explores and develops oil and natural gas in the Rocky Mountain region of the United States. It holds interest in the Denver-Julesburg basin, the... More
Industry: Oil & Gas Drilling & Exploration
Country: United States