8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): July 22, 2015 (July 21, 2015)

Bill Barrett Corporation

(Exact name of registrant as specified in its charter)

Delaware	001-32367	80-0000545
(State or other jurisdiction of incorporation)	(Commission File No.)	(IRS Employer Identification No.)

1099 18th Street, Suite 2300 Denver, Colorado	80202
(Address of principal executive office)	(Zip Code)

(303) 293-9100

(Registrant’s telephone number, including area code)

Not Applicable

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 2.02. Results of Operations and Financial Condition

The information set forth in Item 7.01 below and in Exhibit 99.1 hereto is, to the extent required, incorporated herein by reference.

Item 7.01. Regulation FD Disclosure

Commodity Price and Derivative Update

On July 21, 2015, Bill Barrett Corporation (the “Company”) issued a press release containing an update on certain second quarter 2015 commodity price data. In addition, the Company reported that as of July 21, 2015, it has not issued any shares under its previously announced “at-the-market” equity offering program. A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K.

A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K.

All statements in the press release, other than historical financial information, may be deemed to be 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. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

In accordance with General Instruction B.2 of Form 8-K, the information in this report shall not be deemed “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934, nor shall it be deemed incorporated by reference in any filing.

Item 9.01. Financial Statements and Exhibits

(d) Exhibits

Exhibit Number	Description of Exhibit
99.1	Press Release, dated July 21, 2015.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date: July 22, 2015	BILL BARRETT CORPORATION
	By:	/s/ Kenneth A. Wonstolen
		Kenneth A. Wonstolen
		Senior Vice President—General Counsel; and Secretary

EXHIBIT INDEX

Exhibit Number	Description of Exhibit
99.1	Press Release, dated July 21, 2015.

EX-99.1

Exhibit 99.1

Press Release

For immediate release

Company contact: Larry C. Busnardo, Senior Director, Investor Relations, 303-312-8514

Bill Barrett Corporation Updates Commodity Price and Derivative Information

DENVER – July 21, 2015 – Bill Barrett Corporation (the “Company”) (NYSE: BBG) announced today that it is providing an update on certain second quarter 2015 commodity price data.

For the second quarter of 2015, West Texas Intermediate (“WTI”) oil prices averaged $57.94 per barrel, Northwest Pipeline (“NWPL”) natural gas prices averaged $2.38 per MMBtu and NYMEX natural gas prices averaged $2.65 per MMBtu. The Company had derivative commodity swaps in place for the second quarter of 2015 for 11,300 barrels of oil per day tied to WTI pricing at $90.39 per barrel, 20,000 MMBtu of natural gas per day tied to NWPL regional pricing at $4.13 per MMBtu and no hedges in place for natural gas liquids (“NGLs”). Based on preliminary results, the Company expects to realize a cash commodity derivative gain of approximately $36.5 million in the second quarter due to positive derivative positions and estimates that it will record approximately $64.2 million in non-cash, unrealized commodity derivative loss. The Company expects its second quarter commodity price differentials to benchmark pricing before commodity derivative gains, related to delivery location and quality adjustments, to approximate: oil less $9.26 price per barrel versus WTI; and natural gas less $0.05 price per thousand cubic feet versus NWPL. NGL sales are expected to average 22% of WTI price per barrel.

The following table summarizes the Company’s hedge positions as of July 21, 2015:

	Oil (WTI)				Natural Gas (NWPL)
Period	Volume Bbls/d		Price $/Bbl		Volume MMBtu/d		Price $/MMBtu
3Q15		10,800		89.81		20,000		4.13
4Q15		10,800		89.81		20,000		4.13
1Q16		7,300		81.65		5,000		4.10
2Q16		7,300		81.65		5,000		4.10
3Q16		6,250		79.11		5,000		4.10
4Q16		6,250		79.11		5,000		4.10
1Q17		2,250		73.88		—		—
2Q17		2,250		73.88		—		—
3Q17		1,500		78.16		—		—
4Q17		1,500		78.16		—		—

Realized sales prices will reflect basis differentials from the index prices to the sales location.

In addition, the Company reported that as of July 21, 2015, it has not issued any shares under its previously announced “at-the-market” equity offering program.

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. Forward-looking statements are subject to events, risks and uncertainties that may be outside the Company’s control. Actual results could differ materially from those discussed in the forward-looking statements. In particular, the Company is providing preliminary estimates of certain first quarter 2015 results.

These and other forward-looking statements in this release are based on management’s judgment as of this date and are subject to numerous risks and uncertainties. Actual results may vary significantly from those indicated in the forward-looking statements due to, among other things: oil, NGL and natural gas price volatility, including regional price differentials; changes in operational and capital plans; costs, availability and timing of build-out of third party facilities for gathering, processing, refining and transportation; delays or other impediments to drilling and completing wells arising from political or judicial developments at the local, state or federal level, including voter initiatives related to hydraulic fracturing; development drilling and testing results; the potential for production decline rates to be greater than expected; regulatory delays, including seasonal or other wildlife restrictions on federal lands; exploration risks such as drilling unsuccessful wells; higher than expected costs and expenses, including the availability and cost of services and materials; unexpected future capital expenditures; economic and competitive conditions; debt and equity market conditions, including the availability and costs of financing to fund the Company’s operations; the ability to obtain industry partners to jointly explore certain prospects, and the willingness and ability of those partners to meet capital obligations when requested; declines in the values of our oil and gas properties resulting in impairments; changes in estimates of proved reserves; compliance with environmental and other regulations; derivative and hedging activities; risks associated with operating in one major geographic area; the success of the Company’s risk management activities; title to properties; litigation; and environmental liabilities; and other factors discussed in the Company’s reports filed with the SEC.

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.

2