SOURCE: Industrial Info Resources

Industrial Info Resources

August 18, 2010 05:10 ET

Bill Barrett Corporation Prepares for Development of the West Tavaputs Natural Gas Field, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwire - August 18, 2010) - Researched by Industrial Info Resources (Sugar Land, Texas) -- Bill Barrett Corporation (NYSE:BBG) (Denver, Colorado) has received a signed record of decision from the Bureau of Land Management (BLM) that authorizes the full-field, year-round development of the West Tavaputs natural gas field. Located in the Unita basin near Price, Utah, the West Tavaputs field acreage held by Bill Barrett Corporation holds an estimated 324 billion cubic feet equivalent of proven reserves. The current total potential of the company's West Tavaputs field is 1.3 trillion cubic feet equivalent of proven, probable, and possible natural gas reserves, located on more than 39,000 acres.

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