In a series of transactions it says complete its transition to a growth-oriented oil development company, Bill Barrett has divested Piceance and Powder River Basin properties while increasing its oily Niobrara position. The deals sharpen Barrett's focus to two basins (the DJ and Uinta) from four and increase its oil weighting from 39% to 70% of production. Including $568 million cash, $36 million in lease financing obligations and a value of $69 million assigned......
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