DENVER, Dec. 15 /PRNewswire-FirstCall/ -- Bill
Barrett Corporation (NYSE: BBG
- News) announced
today that its initial public offering was successfully completed.
The Company sold 14.95 million shares at a price of $25 per
share to the public. The number of shares in the sale included
1.95 million shares pursuant to the exercise of the underwriters'
full over-allotment option. The Company received approximately
$347 million, net of expenses.
Goldman, Sachs & Co. acted as the sole
book-running manager of the offering. J.P. Morgan Securities
Inc. and Lehman Brothers Inc. acted as the joint-lead managers
of the offering. Credit Suisse First Boston LLC, Morgan Stanley
& Co. Incorporated, Petrie Parkman & Co., Inc. and
First Albany Capital Inc. acted as co-managers.
Copies of the prospectus relating to the
offering may be obtained from Goldman, Sachs & Co.'s Prospectus
Department at 85 Broad Street, New York, New York, 10004,
by telephone at 212-902-1171 or by faxing a request to 212-902-9316.
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 would
be unlawful prior to the registration or qualification under
the securities laws of any such state or jurisdiction.
About Bill Barrett Corporation
Bill Barrett Corporation, headquartered
in Denver, explores for and develops oil and natural gas in
the Rocky Mountain region of the United States. The Company
has projects in nine basins in the Rocky Mountains.
Forward-Looking Statements
This press release contains 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. These forward looking statements reflect our current
views with respect to future events, based on what we believe
are reasonable assumptions. No assurance can be given, however,
that these events will occur. These statements are subject
to risks and uncertainties that could cause actual results
to differ materially including, among other things, market
conditions, oil and gas price volatility, uncertainties inherent
in oil and gas production operations and estimating reserves,
unexpected future capital expenditures, competition, the success
of our risk management activities, governmental regulations
and other factors discussed in our Registration Statement
on Form S-1 filed with the Securities and Exchange Commission
(www.sec.gov).
