Bill Barrett (BBG) Posts Mixed Q4 Results
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Bill Barrett Corporation Reports Fourth Quarter and Year-End 2015 Financial and Operating Results and Provides 2016 Operating Guidance
March 1, 2016 4:17 PM ESTDENVER, March 1, 2016 /PRNewswire/ -- Bill Barrett Corporation (the "Company") (NYSE: BBG) reported fourth quarter and year-end 2015 results and provides 2016 operating guidance, including these highlights:
2015 production sales volumes of 6.6 million barrels of oil equivalent ("MMBoe"), exceeded high-end of guidance and was 16% above the mid-point of original guidance Denver-Julesburg ("DJ") Basin production for the fourth quarter of 2015 increased 55% year-over-year 2015 lease operating expense ("LOE") of $43 million, 7% below the mid-point of guidance and 10% below the mid-point of original guidance Fourth quarter LOE of $4.70 per Boe, represents a 17% sequential decrease... More