Operational Updates
Bill Barrett Testing DJ Basin Pad Drilling, Still Focused on Uinta Oil
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Operating and Drilling Update
The Company anticipates drilling or participating in approximately 284 gross/192 net development wells in 2012. The Company's development program is focused on growth in oil production and reserves. The Company's current drilling program includes four to five rigs in the Uinta Oil Program and three rigs in the DJ Basin Niobrara oil play.
Denver-Julesburg Basin, Colorado and WyomingWattenberg and Chalk Bluffs – Current net production is approximately 2,000 Boe/d. In the rapidly growing DJ Program, the Company currently has three active rigs in the area, and the full year 2012 program is expected to include approximately 36 gross/24 net operated wells, all of which will be horizontal and target the "B" and/or "C" benches of the Niobrara formation.
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