Replies to post #26 on Bill Barrett Corp fka BBG

[Timothy Smith]

Bill Barrett (NYSE:BBG) says its semi-annual borrowing base review has been completed, with its bank group reaffirming the $375M borrowing base related to its revolving credit facility maturing in April 2020.

BBG also lowers its 2015 capex guidance to $315M-$325M from its earlier outlook for $320M-$350M, due to lower XRL well costs and increased drilling and completion efficiencies.

BBG also says it has agreed to sell certain non-core Uinta Basin properties for ~$27M.