Table of Contents Table of Contents 2 List of Tables 5 List of Figures 6 Company Snapshot 8 Key Information 8 Company Overview 8 Bill Barrett Corporation, Valuation and Financial Data 9 Bill Barrett Corporation, Share Price Performance 9 Share Price Performance, Q4, 2014-Q4, 2015 9 Bill Barrett Corporation, Key Valuation Metrics 10 Key Valuation Metrics, Q4, 2014-Q4, 2015 10 Bill Barrett Corporation, Quarterly Results of Oil & Gas Operations Per boe Produced 11 Results of Oil & Gas Operations Per boe Produced, Q4, 2014-Q4, 2015 11 Results of Oil & Gas Operations Per boe Growth Rates, Q4, 2014-Q4, 2015 12 Bill Barrett Corporation, Quarterly E&P Costs Trends 13 Upstream Capital Expenditure, Q4, 2014-Q4, 2015 13 Bill Barrett Corporation, Quarterly Production Trends 14 Bill Barrett Corporation, Total Oil and Gas Production 14 Total Crude Oil and Natural Gas Production Trend, Q4, 2014-Q4, 2015 14 Total Crude Oil & Natural Gas Production, By Country/Region, Q4, 2014-Q4, 2015 15 Bill Barrett Corporation, Crude Oil Production 16 Total Crude Oil Production Trend, Q4, 2014-Q4, 2015 16 Crude Oil Production, By Country/Region, Q4, 2014-Q4, 2015 17 Bill Barrett Corporation, Natural Gas Production 18 Total Natural Gas Production Trend, Q4, 2014-Q4, 2015 18 Natural Gas Production, By Country/Region, Q4, 2014-Q4, 2015 19 Bill Barrett Corporation, Valuation and Financial Data, 2011-2015 20 Bill Barrett Corporation, Share Price Performance, 2011-2015 20 Share Price Performance, 2011-2015 20 Key Valuation Metrics, 2011-2015 21 Bill Barrett Corporation, Production and Reserves Trends 22 Total Oil and Gas, Reserves and Production 22 Total Crude Oil and Natural Gas Production and Reserves Trend, 2011-2015 22 Total Crude Oil & Natural Gas Production and Reserves By Country/Region, 2011-2015 24 Total Crude Oil and Natural Gas Reserve Changes, 2011-2015 26 Crude Oil/Liquids Production and Reserve 27 Crude Oil/Liquids Production and Reserve Trend, 2011-2015 27 Crude Oil Production and Reserves By Country/Region, 2011-2015 28 Crude Oil/Liquids Reserve Changes, 2011-2015 30 Natural Gas Production and Reserve 31 Natural Gas Production and Reserve Trend, 2011-2015 31 Natural Gas Production and Reserves, By Country/Region, 2011-2015 32 Natural Gas Reserve Changes, 2011-2015 34 Total Crude Oil and Natural Gas Reserves Life Index 35 Total Crude Oil and Natural Gas Reserves Life Index, 2011-2015 35 Total Crude Oil and Natural Gas Reserves Life Index, By Country/Region, 2011-2015 36 Bill Barrett Corporation, E&P Costs Trends 38 Allocation of the Upstream Capital Expenditure 38 Upstream Capital Expenditure, 2011-2015 38 Acquisition Costs By Country/Region, 2011-2015 39 Exploration and Development Costs, By Country/Region, 2011-2015 41 Oil and Gas Cost Per boe, US$/boe 43 Oil and Gas Cost Per boe, US$/boe, 2011-2015 43 Oil and Gas Cost Per boe, US$/boe, By Country/Region, 2011-2015 45 Bill Barrett Corporation, Reserve Replacement Ratio 47 Oil and Gas Production Replacement Ratio 47 Oil and Gas Production Replacement Ratio, 2011-2015 47 Oil and Gas Production Replacement Ratio, By Country/Region, 2011-2015 49 Bill Barrett Corporation, Results of Oil & Gas Operations Trend 53 Oil and Gas Revenue and Expenses 53 Oil and Gas Revenue and Expenses, 2011-2015 53 Oil and Gas Revenue and Expenses, By Country/Region, 2011-2015 54 Oil and Gas Revenue and Expenses, Per boe 59 Oil and Gas Revenue and Expenses, By boe, 2011-2015 59 Oil and Gas Revenue and Expenses Per boe, By Country/Region, 2011-2015 60 Oil and Gas Performance Metrics 64 Bill Barrett Corporation, Land Holdings and Well Data 65 Developed and Undeveloped Acreage 65 Gross and Net Developed and Undeveloped Acreage, 2011-2015 65 Gross and Net Developed and Undeveloped Acreage, By Country/Region, 2011-2015 66 Well Statistics 69 Producible Oil and Gas Well, 2011-2015 69 Producible Oil and Gas Well, By Country/Region, 2011-2015 70 Exploration and Development Wells Drilled, 2011-2015 74 Recent Developments 75 Bill Barrett Corporation - Recent Developments 75 Apr 11, 2016: Bill Barrett Announces Result Of Borrowing Base Redetermination 75 Mar 01, 2016: Bill Barrett Reports Fourth Quarter And Year-End 2015 Financial And Operating Results And Provides 2016 Operating Guidance 75 Feb 23, 2016: Bill Barrett Announces Senior Management Changes 79 Jan 26, 2016: Bill Barrett Provides Financial And Operational Update 80 Nov 05, 2015: Bill Barrett Reports Third Quarter 2015 Results 82 Oct 22, 2015: Bill Barrett Updates Commodity Price And Derivative Information 86 Sep 29, 2015: Bill Barrett Provides Investment Update 86 Sep 28, 2015: Bill Barrett Corporation Announces Reaffirmation of $375 Million Borrowing Base and Lower 2015 Capital Expenditure Guidance 92 Aug 06, 2015: Bill Barrett Reports Second Quarter 2015 Results - Production Volume Of 1.6 MMBoe Exceeds Guidance And 2015 Production Guidance Increased 93 Jun 10, 2015: Bill Barrett Corporation Announces Expanded DJ Basin Drilling Program, Updates 2015 Guidance And Establishes Initial 2016 Production Growth Range 97 Appendix 98 Methodology 98 Coverage 98 Secondary Research 98 Primary Research 98 Data Information Sources 99 Company Source 99 SEC/Other Regulatory Filings 99 Other Sources 99 Expert Panel Validation 99 Data Definition 99 Oil and Gas Reserves 99 Units of Measure 100 About GlobalData 100 Disclosure 100 Disclaimer 100

List of Tables Table 1: Bill Barrett Corporation, Key Facts 8 Table 2: Bill Barrett Corporation, Share Price Performance, Q4, 2014-Q4, 2015 9 Table 3: Bill Barrett Corporation, Key Valuation Metrics, Q4, 2014-Q4, 2015 10 Table 4: Bill Barrett Corporation, Results of Oil & Gas Operations Per boe Produced, US$/boe, Q4, 2014-Q4, 2015 11 Table 5: Bill Barrett Corporation, Results of Oil & Gas Operations Per boe Growth Rates, %, Q4, 2014-Q4, 2015 12 Table 6: Bill Barrett Corporation, Upstream Capital Expenditure, Q4, 2014-Q4, 2015 13 Table 7: Bill Barrett Corporation, Total Crude Oil and Natural Gas, Production, Q4, 2014-Q4, 2015 14 Table 8: Bill Barrett Corporation, Total Oil & Gas Production, By Country/Region, mmboe, Q4, 2014-Q4, 2015 15 Table 9: Bill Barrett Corporation, Total Crude Oil Production, mmbbl, Q4, 2014-Q4, 2015 16 Table 10: Bill Barrett Corporation, Crude Oil Production, By Country/Region, mmbbl, Q4, 2014-Q4, 2015 17 Table 11: Bill Barrett Corporation, Total Natural Gas Production, bcf, Q4, 2014-Q4, 2015 18 Table 12: Bill Barrett Corporation, Natural Gas Production, By Country/Region, bcf, Q4, 2014-Q4, 2015 19 Table 13: Bill Barrett Corporation, Share Price Performance, 2011-2015 20 Table 14: Bill Barrett Corporation, Key Valuation Metrics, 2011-2015 21 Table 15: Bill Barrett Corporation, Total Crude Oil and Natural Gas, Production and Reserves, mmboe, 2011-2015 23 Table 16: Bill Barrett Corporation, Total Crude Oil & Natural Gas Production and Reserves, By Country/Region, mmboe, 2011-2015 25 Table 17: Bill Barrett Corporation, Total Crude Oil and Natural Gas Reserve Changes, mmboe, 2011-2015 26 Table 18: Bill Barrett Corporation, Crude Oil Production and Reserves Metrics, mmbbl, 2011-2015 27 Table 19: Bill Barrett Corporation, Crude Oil Production and Reserves, By Country/Region, mmbbl, 2011-2015 29 Table 20: Bill Barrett Corporation, Crude Oil Reserve Changes, mmbbl, 2011-2015 30 Table 21: Bill Barrett Corporation, Natural Gas Production and Reserves Metrics, bcf, 2011-2015 31 Table 22: Bill Barrett Corporation, Natural Gas Production and Reserves, By Country/Region, bcf, 2011-2015 33 Table 23: Bill Barrett Corporation, Natural Gas Reserve Changes, bcf, 2011-2015 34 Table 24: Bill Barrett Corporation, Oil and Gas Reserves Life Index, Years, 2011-2015 35 Table 25: Bill Barrett Corporation, Oil and Gas Reserves Life Index, By Country/Region, Years, 2011-2015 37 Table 26: Bill Barrett Corporation, Upstream Capital Expenditure, US$ mil, 2011-2015 38 Table 27: Bill Barrett Corporation, Proved and Unproved Acquisition Costs, By Country/Region, US$ mil, 2011-2015 40 Table 28: Bill Barrett Corporation, Exploration and Development Costs, By Country/Region, US$ mil, 2011-2015 42 Table 29: Bill Barrett Corporation, Reserves Replacement, Finding and Development Costs, Finding Cost and Proved Acquisition Costs Per boe, US$/boe, 2011-2015 44 Table 30: Bill Barrett Corporation, Reserves Replacement, Finding and Development Costs, Finding Cost and Proved Acquisition Costs Per boe, US$/boe, By Country/Region, 2011-2015 46 Table 31: Bill Barrett Corporation, Oil and Gas Production Replacement Ratio, %, 2011-2015 47 Table 32: Bill Barrett Corporation, 3-Year Wt.Avg. Oil and Gas Production Replacement Ratio, By Country/Region, %, 2011-2015 52 Table 33: Bill Barrett Corporation, Revenue and Expenses, US$ mil, 2011-2015 53 Table 34: Bill Barrett Corporation, Revenue and Expenses, By Country/Region, US$ mil, 2011-2015 58 Table 35: Bill Barrett Corporation, Oil and Gas Revenue and Expenses, US$/boe, 2011-2015 59 Table 36: Bill Barrett Corporation, Oil and Gas Revenue and Expenses, US$/boe, By Country/Region, 2011-2015 63 Table 37: Bill Barrett Corporation, Oil and Gas Performance Metrics, 2011-2015 64 Table 38: Bill Barrett Corporation, Land Holdings (Developed and Undeveloped Acreage), Acres, 2011-2015 65 Table 39: Bill Barrett Corporation, Land Holdings (Developed and Undeveloped Acreage), By Country/Region, Acres, 2011-2015 68 Table 40: Bill Barrett Corporation, Producible Oil and Gas Wells, 2011-2015 69 Table 41: Bill Barrett Corporation, Producible Oil and Gas Wells, By Country/Region, 2011-2015 73 Table 42: Bill Barrett Corporation, Exploratory and Developed Wells, 2011-2015 74 List of Figures Figure 1: Bill Barrett Corporation, Share Price Performance, USD/Share, Q4, 2014-Q4, 2015 9 Figure 2: Bill Barrett Corporation, Key Valuation Metrics, EV/Production ($/boed), EV/Proved Reserve ($/boe), Q4, 2014-Q4, 2015 10 Figure 3: Bill Barrett Corporation, Results of Oil & Gas Operations Per boe Produced, US$/boe, Q4, 2014-Q4, 2015 11 Figure 4: Bill Barrett Corporation, Upstream Capital Expenditure, US$ mil, Q4, 2014-Q4, 2015 13 Figure 5: Bill Barrett Corporation, Total Crude Oil and Natural Gas, Production, mmboe, Q4, 2014-Q4, 2015 14 Figure 6: Bill Barrett Corporation, Total Oil & Gas Production, By Country/Region, mmboe, Q4, 2014-Q4, 2015 15 Figure 7: Bill Barrett Corporation, Total Crude Oil Production, mmbbl, Q4, 2014-Q4, 2015 16 Figure 8: Bill Barrett Corporation, Crude Oil Production, By Country/Region, mmbbl, Q4, 2014-Q4, 2015 17 Figure 9: Bill Barrett Corporation, Total Natural Gas Production, bcf, Q4, 2014-Q4, 2015 18 Figure 10: Bill Barrett Corporation, Natural Gas Production, By Country/Region, bcf, Q4, 2014-Q4, 2015 19 Figure 11: Bill Barrett Corporation, Share Price Performance, USD/Share, 2011-2015 20 Figure 12: Bill Barrett Corporation, Key Valuation Metrics, EV/Production ($/boed), EV/Proved Reserve (US$/boe), 2011-2015 21 Figure 13: Bill Barrett Corporation, Total Crude Oil and Natural Gas, Production and Reserves, mmboe, 2011-2015 22 Figure 14: Bill Barrett Corporation, Total Oil & Gas Reserves, End of Period, By Country/Region, mmboe, 2011-2015 24 Figure 15: Bill Barrett Corporation, Total Oil & Gas Production, By Country/Region, mmboe, 2011-2015 24 Figure 16: Bill Barrett Corporation, Total Crude Oil and Natural Gas Reserve Changes, mmboe, 2015 26 Figure 17: Bill Barrett Corporation, Crude Oil Production and Reserves Metrics, mmbbl, 2011-2015 27 Figure 18: Bill Barrett Corporation, Oil Reserves, End of Period, By Country/Region, mmbbl, 2011-2015 28 Figure 19: Bill Barrett Corporation, Oil Production, By Country/Region, mmbbl, 2011-2015 28 Figure 20: Bill Barrett Corporation, Crude Oil Reserve Changes, mmbbl, 2015 30 Figure 21: Bill Barrett Corporation, Natural Gas Production and Reserves Metrics, bcf, 2011-2015 31 Figure 22: Bill Barrett Corporation, Gas Reserves, End of Period, By Country/Region, bcf, 2011-2015 32 Figure 23: Bill Barrett Corporation, Gas Production, By Country/Region, bcf, 2011-2015 32 Figure 24: Bill Barrett Corporation, Natural Gas Reserve Changes, bcf, 2015 34 Figure 25: Bill Barrett Corporation, Oil and Gas Reserves Life Index, Years, 2011-2015 35 Figure 26: Bill Barrett Corporation, Gas Reserve Life Index, By Country/Region, Ratio, 2011-2015 36 Figure 27: Bill Barrett Corporation, Oil & Gas Reserve Life Index, By Country/Region, Ratio, 2011-2015 36 Figure 28: Bill Barrett Corporation, Oil Reserve Life Index, By Country/Region, Ratio, 2011-2015 37 Figure 29: Bill Barrett Corporation, Upstream Capital Expenditure, US$ mil, 2011-2015 38 Figure 30: Bill Barrett Corporation, Proved Acquisition Costs, By Country/Region, US$ mil, 2011-2015 39 Figure 31: Bill Barrett Corporation, Unproved Acquisition Costs, By Country/Region, US$ mil, 2011-2015 39 Figure 32: Bill Barrett Corporation, Development Costs, By Country/Region, US$ mil, 2011-2015 41 Figure 33: Bill Barrett Corporation, Exploration Costs, By Country/Region, US$ mil, 2011-2015 41 Figure 34: Bill Barrett Corporation, 3-Year Wt.Avg., Reserves Replacement, Finding and Development Costs, Finding Cost and Proved Acquisition Costs Per boe, US$/boe, 2011-2015 43 Figure 35: Bill Barrett Corporation, Oil & Gas Finding & Development Cost/boe, 3-Year Average, By Country/Region, US$/boe, 2011-2015 45 Figure 36: Bill Barrett Corporation, Oil & Gas Finding Cost per boe, 3-Year Average, By Country/Region, US$/boe, 2011-2015 45 Figure 37: Bill Barrett Corporation, Reserve Replacement Cost per boe, 3-Year Average, By Country/Region, US$/boe, 2011-2015 46 Figure 38: Bill Barrett Corporation, 3-Year Wt.Avg., Oil and Gas Production Replacement Ratio, %, 2011-2015 47 Figure 39: Bill Barrett Corporation, 3-Year Wt. Avg. Gas F&D Production Replacement, By Country/Region, %, 2011-2015 49 Figure 40: Bill Barrett Corporation, 3-Year Wt. Avg. Gas RRC Production Replacement, By Country/Region, %, 2011-2015 49 Figure 41: Bill Barrett Corporation, 3-Year Wt. Avg. Oil & Gas F&D Production Replacement, By Country/Region, %, 2011-2015 50 Figure 42: Bill Barrett Corporation, 3-Year Wt. Avg. Oil & Gas RRC Production Replacement, By Country/Region, %, 2011-2015 50 Figure 43: Bill Barrett Corporation, 3-Year Wt. Avg. Oil F&D Production Replacement, By Country/Region, %, 2011-2015 51 Figure 44: Bill Barrett Corporation, 3-Year Wt. Avg. Oil RRC Production Replacement, By Country/Region, %, 2011-2015 51 Figure 45: Bill Barrett Corporation, Revenue and Expenses, US$ mil, 2011-2015 53 Figure 46: Bill Barrett Corporation, Depreciation, Depletion and Amortization From Upstream Oil & Gas Operations, By Country/Region, US$ mil, 2011-2015 54 Figure 47: Bill Barrett Corporation, Exploration Expenses, By Country/Region, US$ mil, 2011-2015 54 Figure 48: Bill Barrett Corporation, Income Tax Provision (Benefit) From Upstream Oil & Gas Operations, By Country/Region, US$ mil, 2011-2015 55 Figure 49: Bill Barrett Corporation, Net Income/ Loss From Upstream Oil & Gas Operations, By Country/Region, US$ mil, 2011-2015 55 Figure 50: Bill Barrett Corporation, Oil & Gas Revenue, By Country/Region, US$ mil, 2011-2015 56 Figure 51: Bill Barrett Corporation, Profit (loss) Before Taxation From Upstream Oil & Gas Operations, By Country/Region, US$ mil, 2011-2015 56 Figure 52: Bill Barrett Corporation, Production Costs, By Country/Region, US$ mil, 2011-2015 57 Figure 53: Bill Barrett Corporation, Total Expenses From Upstream Oil & Gas Operations, By Country/Region, US$ mil, 2011-2015 57 Figure 54: Bill Barrett Corporation, Oil and Gas Revenue and Expenses, US$/boe, 2011-2015 59 Figure 55: Bill Barrett Corporation, Exploration Expenses per boe, By Country/Region, US$/boe, 2011-2015 60 Figure 56: Bill Barrett Corporation, Income Tax/(Benefit) per boe, By Country/Region, US$/boe, 2011-2015 60 Figure 57: Bill Barrett Corporation, Lifting Cost per boe, By Country/Region, US$/boe, 2011-2015 61 Figure 58: Bill Barrett Corporation, Annual Net Income per boe, By Country/Region, US$/boe, 2011-2015 61 Figure 59: Bill Barrett Corporation, Oil & Gas Revenue per boe, By Country/Region, US$/boe, 2011-2015 62 Figure 60: Bill Barrett Corporation, Total DD&A per boe, By Country/Region, US$/boe, 2011-2015 62 Figure 61: Bill Barrett Corporation, Total Revenue per boe, By Country/Region, US$/boe, 2011-2015 63 Figure 62: Bill Barrett Corporation, Oil and Gas Performance Metrics, 2011-2015 64 Figure 63: Bill Barrett Corporation, Land Holdings (Developed and Undeveloped Acreage), Acres, 2011-2015 65 Figure 64: Bill Barrett Corporation, Total Gross Undeveloped Acreage, By Country/Region, Acres, 2011-2015 66 Figure 65: Bill Barrett Corporation, Total Net Undeveloped Acreage, By Country/Region, Acres, 2011-2015 66 Figure 66: Bill Barrett Corporation, Total Gross Developed Acreage, By Country/Region, Acres, 2011-2015 67 Figure 67: Bill Barrett Corporation, Total Net Developed Acreage, By Country/Region, Acres, 2011-2015 67 Figure 68: Bill Barrett Corporation, Producible Oil and Gas Wells, 2011-2015 69 Figure 69: Bill Barrett Corporation, Gross Productive Gas Wells, By Country/Region, Number, 2011-2015 70 Figure 70: Bill Barrett Corporation, Gross Productive Oil & Gas Wells, By Country/Region, Number, 2011-2015 70 Figure 71: Bill Barrett Corporation, Gross Productive Oil Wells, By Country/Region, Number, 2011-2015 71 Figure 72: Bill Barrett Corporation, Net/Gross Oil & Gas Ratio, By Country/Region, %, 2011-2015 71 Figure 73: Bill Barrett Corporation, Net Productive Gas Wells, By Country/Region, Number, 2011-2015 72 Figure 74: Bill Barrett Corporation, Net Productive Oil & Gas Wells, By Country/Region, Number, 2011-2015 72 Figure 75: Bill Barrett Corporation, Net Productive Oil Wells, By Country/Region, Number, 2011-2015 73 Figure 76: Bill Barrett Corporation, Exploratory and Developed Wells, 2011-2015 74