4Q2006

Bill Barrett Grew Production by Nearly One-Third in 2006

Denver-based Bill Barrett Corp. grew production 32% to 52.1 Bcfe in 2006, the company said. And 4Q2006 production was 14.2 Bcfe, 15% more than 4Q2005 and 13% more than 3Q2006.

January 17, 2007

Nabors Issues Earnings Warning on Weak Gas Operations in North America

Nabors Industries Ltd., the world’s largest land-based driller, warned last week that its 4Q2006 earnings will fall well short of Wall Street estimates on weaker-than-expected natural gas operations in the Lower 48 states and Canada.

January 8, 2007

Nabors Issues Earnings Warning on Weak Gas Operations in North America

Nabors Industries Ltd., the world’s largest land-based driller, warned Wednesday that its 4Q2006 earnings will fall well short of Wall Street estimates on weaker-than-expected natural gas operations in the Lower 48 states and Canada. The news, coming as several energy analysts slashed gas price forecasts (see related story), sent oil service stocks tumbling, pushing Nabors’ share price down 6% in early trading.

January 4, 2007