Berry Petroleum Completes Sale of West Montalvo Assets

Berry Petroleum Completes Sale of West Montalvo Assets

-Berry Petroleum Company completed the previously announced sale of its non-core West Montalvo assets, near Ventura, California. The sales price based on the January 1, 2007 effective date is $63 million, subject to customary adjustments.

About Berry Petroleum Company

Berry Petroleum Company is a publicly traded independent oil and gas production and exploitation company with its headquarters in Bakersfield, California.

Safe harbor under the “Private Securities Litigation Reform Act of 1995″

Any statements in this news release that are not historical facts are forward-looking statements and indicate risk and uncertainty, and actual outcomes may differ from those indicated.


Berry Petroleum Company, Bakersfield Investors and Media Ralph Goehring, 1-661-616-3900 Todd Crabtree, 1-866-472-8279 Internet:

Source: Berry Petroleum Company

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