Denver

Denver-based Bill Barrett Corp., whose fortunes are tied to the natural gas transportation system out of its core Rocky Mountain operations, is seeing “improving infrastructure” for both gas and liquids, COO Joe Jaggers told financial analysts last week.

Denver-based Bill Barrett Corp., whose fortunes are tied to the natural gas transportation system out of its core Rocky Mountain operations, is seeing “improving infrastructure” for both gas and liquids, COO Joe Jaggers told financial analysts Tuesday.

Denver-based Bill Barrett Corp., whose fortunes are tied to the natural gas transportation system out of its core Rocky Mountain operations, is seeing “improving infrastructure” for both gas and liquids, COO Joe Jaggers told financial analysts Tuesday.

Ending days of speculation, Interior Secretary Ken Salazar Thursday said he will not run for governor of Colorado and instead will back popular Denver Mayor John Hickenlooper as the Democratic candidate for the state’s top job.

Ending days of speculation, Interior Secretary Ken Salazar Thursday said he will not run for governor of Colorado and instead will back popular Denver Mayor John Hickenlooper as the Democratic candidate.

Denver-based MarkWest Energy Partners LP has sold its 50% interest in Starfish Pipeline Co. LLC to Enbridge Offshore (Gas Transmission) LLC, an Enbridge Inc. company, effective Dec. 31, 2009, the company said Monday.

Denver-based Delta Petroleum Corp. has retained Morgan Stanley and Evercore Partners to evaluate and advise the board of directors on “strategic alternatives” that may include selling “some or all” of the company’s assets, entering into partnerships or joint venture opportunities, or selling the entire company. Delta said it would not comment until the board has approved a specific transaction or when there are “significant developments.” Delta’s core areas of operations are the Gulf Coast and Rocky Mountain regions, which comprise the majority of its proved reserves, production and long-term growth prospects (see Daily GPI, April 8; Dec. 24, 2008; Aug. 28, 2008).

Denver-based Bill Barrett Corp. has completed a $60 million agreement to acquire a 90% working interest in 40,300 undeveloped acres in Cottonwood Gulch in western Colorado’s Piceance Basin. The leasehold is part of the former Naval Oil Shale Reserve No. 1. The acquired properties are adjacent to the prolific Rulison and Parachute gas fields. Based on regional data and analysis, Barrett expects the acquisition to add more than 2 Tcfe to its probable and possible resources. Barrett currently produces 100 MMcfe/d net from the Gibson Gulch field, which is in the Piceance Basin.

Houston-based Cabot Oil & Gas Corp. is closing both its Charleston, WV, and Denver regional offices by the end of the summer, but the CEO said there are no plans to sell any of its Rocky Mountain, Midcontinent or Marcellus Shale reserves.