Bill Barrett Corporation has filed a prospectus supplement with the Securities and Exchange Commission 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 shares would be offered pursuant to an equity distribution agreement between the Company and Goldman, Sachs & Co.
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.
