Bill Barrett trades Piceance, Powder River for Wattenberg

摘要

Denver-based Bill Barrett Corp. (NYSE: BBG) divested acreage in the Piceance and Powder River basins through a $757-million sell-and-swap transaction that increased its acreage in the Wattenberg by 20%. The deal also halved the company's $1.1 million debt to $450 million.