UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
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): October 3, 2005 (October 3, 2005)
BERRY PETROLEUM COMPANY
| DELAWARE (State or Other Jurisdiction of Incorporation or Organization) |
1-9735 (Commission File Number) |
77-0079387 (IRS Employer Identification Number) |
| 5201 TRUXTUN AVE., STE. 300, BAKERSFIELD,
CA (Address of Principal Executive Offices) |
93309 (Zip Code) |
Registrant’s telephone number, including area code: (661) 616-3900
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:
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
| Item 7.01 | Regulation FD Disclosure |
On October 3, 2005,
Berry Petroleum Company issued a news release announcing the promotions and
appointments of several officers, and the operational restructuring of Berry Petroleum Company effective October
3, 2005. The information contained in
the press release is incorporated herein by reference and furnished as Exhibit
99.1.
The information in this Current Report on Form 8-K and
Exhibit 99.1 is being furnished and shall not be deemed "filed" for the purposes
of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise
subject to the liabilities of that Section.
| Item 9.01 | Financial Statements and Exhibits |
(c) Exhibits
99.1 News release dated October 3, 2005 announcing the promotions and
appointments of several officers and the operational restructuring of Berry Petroleum Company effective October
3, 2005.
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 hereto duly authorized.
| BERRY PETROLEUM COMPANY |
||||
| By: |
/s/ Kenneth A. Olson |
|||
| Kenneth A. Olson | ||||
| Corporate Secretary | ||||
Date: October 3, 2005
Page 2 of 2
|
News
Release Berry
Petroleum Company
5201 Truxtun Avenue, Suite 300
Bakersfield, California 93309-0640 |
Phone
(661) 616-3900
E-mail:
ir@bry.com
Internet:
www.bry.com |
||
|
Contacts:
Robert F. Heinemann, President and CEO - - Ralph J. Goehring, Executive
Vice President and CFO | |||
BERRY PETROLEUM COMPANY ANNOUNCES NEW OFFICERS AND
OPERATIONAL RESTRUCTURING
Bakersfield, CA - October 3, 2005 - Robert F. Heinemann, president and chief
executive officer of Berry Petroleum Company (NYSE:BRY), announced that
effective October 3, 2005 the Company was modifying its management structure
to better align the organization with the growth and diversification
strategies that have been key to Berry's transformation over the last two
years. The organizational structure will utilize integrated asset teams; the
corresponding changes in titles of the Company's officers more directly
describe their focus.
Michael Duginski has been elevated to the position of executive vice
president of Corporate Development and California. Logan Magruder has been
elevated to the position of executive vice president of the Rocky Mountains
and Mid-Continent. Ralph J. Goehring continues his role as executive vice
president and chief financial officer.
Dan Anderson has been promoted to the new office of vice president of Rocky
Mountains and Mid-Continent Production responsible for the development and
production of the Company's existing assets as well as new opportunities in
the region. Bruce Kelso is newly named to the office of vice president of
Rocky Mountains and Mid-Continent Exploration. His primary focus will be the
evaluation and commercialization of the Company's exploitation and
exploration projects. Both Mr. Anderson and Mr. Kelso will report to Mr.
Magruder.
G. Timothy Crawford is named to the new title of vice president of
California Production and will focus primarily on the production of the
Company's significant heavy oil assets in California. Brian L. Rehkopf is
named to the new position of vice president of Technology. In addition to
the delivery and implementation of technology, Mr. Rehkopf will also be
responsible for Berry's exploitation projects in California, including its
large diatomite resource. Both Mr. Rehkopf and Mr. Crawford will report to
Mr. Duginski.
Mr. Heinemann stated, "I am very pleased with the performance of Berry's
management team which has done an outstanding job working together on the
Company's recent transformation. I am also pleased to recognize the
significant contributions of Dan Anderson and Bruce Kelso to the Company's
success to date in the Rocky Mountains and Mid-Continent. Logan Magruder and
Michael Duginski's new titles reflect not only the reorganization, but also
the significant responsibilities that they both carry out on behalf of the
Company. Tim Crawford and Brian Rehkopf and their teams are vital to
continuing the performance of Berry's legacy assets as well as
commercializing our diatomite resource. This reorganization is another
milestone in Berry's transformation."
Berry Petroleum Company is a publicly traded independent oil and gas
production and exploitation company with headquarters in Bakersfield,
California and a regional office in Denver, Colorado. Visit www.bry.com for
more information.
This news release may contain descriptions of the Company's expectations
regarding future business activities. These forward-looking statements are
made in reliance upon safe harbor provisions of the Private Securities
Litigation Reform Act of 1995. Accordingly, actual results may differ
materially from those contemplated by the forward-looking statements.
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