Bill Barrett Corporation

Bill Barrett Corporation
Company typePublic
Industryoil exploration
Founded2002
FounderWilliam J. "Bill" Barrett
Defunct2017 (2017)
FateMerged with HighPoint Resources
HeadquartersDenver, Colorado
Key people
Bill Barrett, Founder
Fredrick J. Barrett, CEO and chairman
RevenueIncreaseUS$698M (FY 2010)[1]
IncreaseUS$183M (FY 2010)[1]
IncreaseUS$80.5M (FY 2010)[1]
Total assetsIncreaseUS$2.04B (FY 2010)[2]
Total equityIncreaseUS$1.14B (FY 2010)[2]
Number of employees
280 [3]
Websitewww.billbarrettcorp.com

Bill Barrett Corporation was an energy company based in Denver, Colorado. Its core business is natural gas and oil exploration and development in the Rocky Mountains region of the United States.

History

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William J. "Bill" Barrett founded the company in January 2002 after his previous company, Barrett Resources, was acquired by the Williams Companies in August 2001.[4] Bill Barrett Corporation went public in December 2004. Barrett stepped down as chairman and CEO in 2006, and was succeeded by his son Fredrick J. Barrett.

One company project that has drawn press coverage and public debate is the development of natural gas reserves in the West Tavaputs Plateau, in and around Nine Mile Canyon, in Utah's Uinta Basin. This find won the trade publication Oil and Gas Investor's 2005 Excellence Award for Best Discovery.[5]

Bill Barrett Corporation merged into HighPoint Resources Corp in 2017,[6] which subsequently merged with Bonanza Creek Energy, Inc.[7]

References

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  1. ^ a b c Bill Barrett (BBG) annual SEC income statement filing via Wikinvest.
  2. ^ a b Bill Barrett (BBG) annual SEC balance sheet filing via Wikinvest.
  3. ^ Bill Barrett Corp. at BusinessWeek.com, retrieved May 4, 2011.
  4. ^ Chakrabarty, Gargi (April 2, 2005). "Oil runs in his blood: Bill Barrett builds his 4th exploration company". Rocky Mountain News. Archived from the original on July 8, 2011. Retrieved March 30, 2010.
  5. ^ Williams, Peggy (March 4, 2006). "Deep Utah Potential" (PDF). Oil and Gas Investor. Hart Energy Publishing. ISSN 0744-5881. Archived from the original (PDF) on October 13, 2007. Retrieved February 12, 2009.
  6. ^ "Amendment No.2 to Form S-4". www.sec.gov. Retrieved 2021-08-01.
  7. ^ "HighPoint Resources Corp Form 8-K". www.sec.gov. 2021-02-12. Archived from the original on 2021-08-01. Retrieved 2021-08-01.