DENVER, Dec. 5, 2017 /PRNewswire/ -- Bill Barrett
Corporation (the "Company") (NYSE: BBG) announced today that it
intends to offer for sale 21,000,000 shares of its common stock
(the "common stock") in an underwritten public offering. J.P.
Morgan will serve as sole bookrunner for the offering. The Company
will grant the underwriters in the offering an option for 30 days
to purchase up to an additional 3,150,000 shares of common stock to
cover over-allotments, if any.
The common stock will be issued pursuant to a prospectus
supplement and an accompanying prospectus filed as part of an
effective shelf registration statement filed with the Securities
and Exchange Commission on Form S-3.
The Company intends to use the net proceeds from the offering
for general corporate purposes, including to finance future capital
expenditures.
A written prospectus and prospectus supplement relating to each
offering may be obtained by sending a request to: J.P. Morgan
Securities LLC, c/o Broadridge Financial Solutions, 1155 Long
Island Avenue, Edgewood, New York
11717, email: prospectus-eq_fi@jpmchase.com.
This press release shall not constitute an offer to sell or the
solicitation of an offer to buy nor shall there be any sale of
these securities in any state or jurisdiction in which such offer,
solicitation or sale of these securities would be unlawful prior to
registration or qualification under the securities laws of any such
state or jurisdiction.
Forward-Looking Statements
All statements in this press release, other than statements of
historical fact, are forward-looking statements within the meaning
of Section 27A of the Securities Act of 1933 and
Section 21E of the Securities Exchange Act of 1934. Words such
as expects, forecast, guidance, anticipates, intends, plans,
believes, seeks, estimates and similar expressions or variations of
such words are intended to identify forward-looking statements
herein; however, these are not the exclusive means of identifying
forward-looking statements. Forward-looking statements in this
release relate to, among other things, the planned offerings and
the use of proceeds thereof.
These and other forward-looking statements in this press release
are based on management's judgment as of the date of this release
and are subject to numerous risks and uncertainties. Actual results
may vary significantly from those indicated in the forward-looking
statements. Please refer to the Company's Annual Report on Form
10-K for the year ended December 31, 2016 filed with the SEC,
and other filings, including the Company's Current Reports on Form
8-K and Quarterly Reports on Form 10-Q, all of which are
incorporated by reference herein, for further discussion of risk
factors that may affect the forward-looking statements. The Company
encourages you to consider the risks and uncertainties associated
with projections and other 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. Additional information
about the Company may be found on its website
www.billbarrettcorp.com.
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SOURCE Bill Barrett Corporation