Bill Barrett will spend $240-280 million on capex in 2015, less than half spent in 2014, and focus almost entirely on Colorado’s DJ Basin. The plan does not require additional debt and focuses investment on the highest return development. This plan will see the company run a one-rig program in the DJ, which will drill 20-25 wells as conditions allow—down from 99 in 2014. Meanwhile, in Utah the company will run a partial-year, one-rig......
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