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Bill Barrett Corporation Appoints R. Scot Woodall As Interim CEO



       Bill Barrett Corporation Appoints R. Scot Woodall As Interim CEO

Jim W. Mogg Named Chairman of the Board; Fred Barrett Steps Down as Chairman
of the Board, Chief Executive Officer and President

Board Has Initiated Search for Permanent CEO

PR Newswire

DENVER, Jan. 7, 2013

DENVER, Jan. 7, 2013 /PRNewswire/ -- Bill Barrett Corporation (NYSE: BBG)
announced today that its Board of Directors has appointed R. Scot Woodall,
Chief Operating Officer, as interim Chief Executive Officer following Fred
Barrett's decision to step down as Chairman of the Board, Chief Executive
Officer, President and a director of the Company, effective immediately.   Jim
W. Mogg, lead independent director, has been elected as non-executive Chairman
of the Board, effectively immediately. 

The Board has formed a Search Committee, comprised of independent directors,
to begin the search for a permanent CEO, and is in the process of retaining a
leading executive search firm.  The search process will include a full review
of internal and external candidates.  In addition to serving as interim CEO,
Mr. Woodall will maintain his current responsibilities as COO while the search
is conducted.

"The Board thanks Fred for his dedicated service to the Company since its
inception," said Jim W. Mogg, Chairman of the Board.  "During his tenure, Fred
has guided the Company through a period of prolonged production and reserve
growth and as the Company has transitioned from predominantly natural gas to a
more oil-weighted portfolio.  We are pleased to have a proven leader of Scot's
caliber to serve as Interim CEO. The Board believes Scot can help us
accelerate our objectives of improving our financial strength and flexibility
while enhancing shareholder value.   Scot's deep understanding of our Company
and our industry gives us confidence in his ability to lead as we conduct our
search for a permanent replacement."

Fred Barrett commented: "This is the right time to focus my energy and
expertise on other activities and on my family.  I am pleased with what we
have accomplished over the past 11 years, including our strategic decision to
position the Company in oil-rich areas and increase oil production and
reserves.  I take pride in the success of Bill Barrett Corporation and have
great confidence in its future success."

"I am honored to have been selected to lead Bill Barrett Corporation on an
interim basis," said Scot Woodall, Chief Operating Officer and interim Chief
Executive Officer. "Bill Barrett Corporation is financially strong, and we are
committed to improving performance and cash flow through our continued focus
on driving exceptional oil production growth in 2013 and 2014.  I look forward
to working closely with the Board, management team and Bill Barrett
Corporation's talented and dedicated employees to capitalize on our existing
low risk opportunities, maximize returns, and enhance shareholder value."   

About R. Scot Woodall

Mr. Woodall has served as Chief Operating Officer since July 2010.  Mr.
Woodall previously served as Executive Vice President-Operations from February
2010 until July 2010 and as Senior Vice President-Operations from April 2007
until February 2010.  Prior to joining Bill Barrett Corporation, Mr. Woodall
served as Senior Vice President-Western US for Forest Oil Corporation from
2004 to April 2007 and as Drilling and Production Manager for Forest Oil
Corporation from 2000 until 2004. Mr. Woodall has over 28 years of industry
experience.

About Jim W. Mogg

Mr. Mogg has served as a director of the Company since May 2007 and as Lead
Director from February 2010 until January 2013. Mr. Mogg also has served as a
director for ONEOK, a publicly traded diversified energy and natural gas
distribution company, since July 2007 and ONEOK Partners, a master limited
partnership that operates natural gas and natural gas liquids gathering,
processing, pipelines, and fractionation assets, since August 2009. From 2005
until 2007, Mr. Mogg served as chairman of DCP Midstream Partners and from
2004 through 2006, Mr. Mogg was Group Vice President and Chief Development
Officer for Duke Energy Corporation. From 2000 through 2003, Mr. Mogg was
Chairman, President and CEO of Duke Energy Field Services and, as a member of
TEPPCO's board, served as Vice Chairman/Chairman. Previously, Mr. Mogg held
various executive and senior management positions at Duke Energy and Pan
Energy over a 27 year period. Mr. Mogg has also served on several nonprofit
and industry boards, including being a past President of the Gas Processors
Association.

ABOUT BILL BARRETT CORPORATION

Bill Barrett Corporation (NYSE: BBG), headquartered in Denver, Colorado,
explores for and 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.

SOURCE Bill Barrett Corporation

Website: http://www.billbarrettcorp.com
Contact: Jennifer Martin, Vice President-Investor Relations, 303-312-8155
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