DENVER, June 10, 2015 /PRNewswire/ -- Bill Barrett
Corporation (the "Company") (NYSE: BBG) announced today that it has
filed a prospectus supplement with the Securities and Exchange
Commission (the "SEC") under which it may offer and sell from time
to time and at its discretion shares of its common stock having an
aggregate gross sales price of up to $100
million pursuant to an "at-the-market" offering program (the
"ATM Program"). The shares would be offered pursuant to an
equity distribution agreement between the Company and Goldman,
Sachs & Co. (the "manager").
The Company intends to use the proceeds from any sales for
general corporate purposes, including additional capital spending
associated with the accelerated development of the Company's
Denver-Julesburg Basin properties.
A registration statement relating to the shares has been filed
and was declared effective on April 2,
2015. The offering will be made only by means of a
prospectus supplement, dated June 10,
2015, and the accompanying base prospectus, copies of which
may be obtained on the SEC website at www.sec.gov. Alternatively,
you may request that the manager send you the prospectus supplement
and accompanying base prospectus by contacting Goldman, Sachs &
Co. (By mail: 200 West Street, New York,
NY 10282, Attention: Prospectus Department; by phone: (866)
471-2526; or by email: prospectus-ny@ny.email.gs.com).
This press release is neither an offer to sell nor a
solicitation of an offer to buy any securities, nor shall there be
any sale of any such securities in any state or jurisdiction in
which such offer, solicitation or sale would be unlawful prior to
registration or qualification under the securities laws of any such
state or jurisdiction.
Forward-Looking Statements
This press release contains forward-looking statements within
the meaning of Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Exchange Act of 1934, as
amended. Actual results could differ materially from those
discussed in the forward-looking statements. The
forward-looking statements in this press release are based on
management's judgment as of the date of this press release and are
subject to numerous risks and uncertainties, including, among
others, the Company's ability to raise capital through the offer
and sale of common stock under the ATM Program, that the Company's
business plans may change as circumstances warrant or that the
securities may not ultimately be offered to the public because of
general market conditions or other factors. Please refer to
the Company's Annual Report on Form 10-K for the year ended
December 31, 2014, the prospectus
supplement and other reports of the Company filed with the SEC,
including the Company's Current Reports on Form 8-K and Quarterly
Reports on Form 10-Q, for further discussion of risk factors that
may affect the forward-looking statements and general risks
relating to the Company. The Company encourages you to
consider the risks and uncertainties associated with
forward-looking statements and to not place undue reliance on any
such statements. In addition, the Company assumes no obligation to
publicly revise or update any forward-looking statements based on
future events or circumstances.
ABOUT BILL BARRETT CORPORATION
Bill Barrett Corporation (NYSE: BBG), headquartered in
Denver, Colorado, develops oil and
natural gas in the Rocky Mountain region of the United States.
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SOURCE Bill Barrett Corporation