One-Page Deal Sheet
Bill Barrett Sells Producing Uinta, DJ Basin Properties
Not Disclosed Bill Barrett Corp.
Announced Date
September 28,2015
Effective Date
September 01,2015
Close Date
December 01,2015
Transaction Type
Property
Enterprise Value (EV)($MM)
56
Location
Calculated Metrics( EV/Category)
Region
Rockies
Country
United States
State
Utah
Play
Production & Reserves Production
Reserves
Calculated Metrics( EV/Category)
$/ Flowing
$/ Acre
Transaction Details: Subscribe to see
Closing Announcement - December 1, 2015
Bill Barrett Corporation has closed the previously announced sales of non-core properties located in the Uinta Basin and DJ Basin, respectively, for net cash proceeds of approximately $56 million, subject to customary post-closing purchase price adjustments. The sale of these properties did not result in a reduction of the Company's borrowing base related to its revolving credit facility. The proceeds from these sales will be used for general corporate purposes.
Initial Announcement - September 28, 2015Bill Barrett Corp. has entered into a definitive…
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