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Berry Petroleum Co
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October 2012 Company Update
| Zach Dailey | Page 3 of 11 |
April 18, 2024
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"October 2012 Company Update"
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BERRY PETROLEUM COMPANY October 2012 Update 3Company ProfileDeveloping Oil Assets in 3 Major Basins KeyStatistics KeyStatistics Uinta Legacy assets circa 1909 Heavy crude oil produced using thermal recovery 5thLargest Producer in CASan Joaquin Basin Acquired in 2003 Approximately 165,000 acres Running 3 rigs PDP Oil PUD Gas 0 50 100 150 200 250 300 PDP/PUDOil/Gas Proved Reserves, MMBOE Proved Reserves, MMBOE 2011 2012E 2013E Production (BOED)35,687~36,200+5 -10% ? Oil24,771~28,000+10 -15% ? Oil Percentage70%75%~80% Total Capital$527 MM~$650 MM $500 -$600 MMEntered the basin in 2010 Approximately 61,000 acres Running 4 rigsPermian186