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2013 CREDIT SUISSE ENERGY SUMMIT - Bill Barrett Corporation

2013 CREDIT SUISSE ENERGY SUMMIT - Bill Barrett Corporation

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Uinta Oil Program: Marketing<br />

Refining capacity in basin is increasing; confident we can sell our growing production<br />

• Current agreement<br />

• 7,500 Bbl/d through 2018<br />

• Typical 16-18% price deduct from WTI<br />

• Oil refined in Salt Lake City<br />

• Salt Lake City Refining<br />

• 5 refineries have an estimated 173,000 Bbl/d total capacity; approximately 52,000 Bbl/d wax capacity<br />

• New Holly Frontier refined products pipeline to Las Vegas<br />

• Increased capacity alternatives<br />

• Additional wax expansion at existing refineries<br />

• Proposed upgrader with 44,000 Bbl/d initial wax crude processing capacity<br />

• Rail expansion initiatives developing<br />

• Currently negotiating with multiple parties to secure additional long-term capacity<br />

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