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Berry Corporation (bry)

Company Summary

Description

Bry is a publicly traded (NASDAQ: BRY) western United States independent upstream energy company with a focus on the conventional, long-lived oil reserves in the San Joaquin basin of California. 

Website

https://bry.com/

Operational Regions

  • San Joaquin basin
  • Uinta Basin
  • Piceance Basin
  • East Texas/Louisiana

Recent news

  • 2/23/2023 - Berry Corp Forecasting... (subscriber access)
  • 2/23/2023 - Berry Corp to Focus on... (subscriber access)
  • 2/23/2023 - Berry Corp Notes 90% of... (subscriber access)
  • 2/23/2023 - Berry Corp Announces... (subscriber access)
  • 8/4/2022 - Berry Corp. Releases... (subscriber access)

Investor Presentations

  • 4Q22 Earnings Presentation
  • August 2019 Presentation (subscriber access)
  • 3Q18 Investor Presentation (subscriber access)
  • 2Q18 Investor Presentation (subscriber access)

Company Transactions

Date: 1/7/2018
Type: Acquisition

SELLERS:
  • Berry Corporation (bry)
    • DETAILS:

    COST: 6.7 $MM

    VOLUMES: 0.7 MBOE/d

    ACRES: 4532 Acres

    NOTES:
    Berry Petroleum completed a transaction to sell its non-core producing properties and related assets located in the East Texas Basin for $6.7 million on November 30, 2018. The production from the sold properties was comprised mostly of natural gas at 0.7 Mboe/d in 3Q18 from 4,532 net acres. The sale contains an effective date of July 1, 2018.
    REGIONS:
  • East Texas/Louisiana

    • Date: 8/15/2017
    Type: Acquisition

    BUYERS:
  • Berry Corporation (bry)
    • SELLERS:
  • Linn Energy, Inc
    • DETAILS:

    COST: 263 $MM

    VOLUMES: 3 MBOE/d

    ACRES: 504 Acres

    NOTES:
    Berry Petroleum reported that on May 23, 2017 they entered into a deal with Linn Energy to acquire an additional 84% working interest in the South Belridge Hill asset for $263 million, adding on to their 16% working interest.
    REGIONS:
  • San Joaquin basin

    • Date: 7/31/2017
    Type: Acquisition

    SELLERS:
  • Berry Corporation (bry)
    • DETAILS:
    REGIONS:
  • Hugoton Gas Field