Reuters logo
BRIEF-Bill Barrett Corporation updates 2017 Operating Guidance
September 5, 2017 / 11:12 AM / 15 days ago

BRIEF-Bill Barrett Corporation updates 2017 Operating Guidance

Sept 5 (Reuters) - Bill Barrett Corp

* Bill Barrett Corporation updates 2017 operating guidance; increasing production guidance while reducing lease operating expense and capital expenditure guidance

* Bill Barrett Corp - ‍capital expenditure guidance reduced to $250-$270 million​ for FY

* Bill Barrett Corp - Q3 2017 production sales volume guidance has been increased from a range of 1.55-1.65 MMBoe to approximately 1.75 MMBoe

* Bill Barrett Corp - Q3 2017 capital expenditures are expected to total $65-$75 million, which is unchanged from previous guidance

* Bill Barrett Corp - ‍company is raising its 2017 production guidance range from 6.0-6.5 million barrels of oil equivalent (“MMBoe”) to 6.4-6.6 MMBoe​

* Bill Barrett Corp - decreasing its LOE guidance for 2017 from $27-$30 million to $24-$26 million, representing a decrease of 12 pct at mid-point

* Bill Barrett- co expects 70-75 wells will be spud in 2017 Source text for Eikon: Further company coverage:

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below