Form 8-K filed 05-14-07 regarding news release dated 5-11-07 titled "Berry Petroleum Completes Sale of West Montalvo Assets"



 
 
UNITED STATES
 
SECURITIES AND EXCHANGE COMMISSION 
 
Washington, D.C. 20549 
 
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): May 11, 2007
 
BERRY PETROLEUM COMPANY 
 
(Exact Name of Registrant as Specified in its Charter)
 
 
 
 
 
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))
  
 



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Item 2.01 Completion or Acquisition or Disposition of Assets
 
On May 11, 2007, Berry Petroleum Company (Company) issued a news release titled "Berry Petroleum Completes Sale of West Montalvo Assets" regarding the Company's sale of certain non-core West Montalvo assets, near Ventura, California, to Venoco, Inc. (NYSE:VQ). The sales price based on a January 1, 2007 effective date is $63 million cash, subject to customary adjustments.  The news release dated May 11, 2007 is attached hereto as Exhibit 99.1, which is incorporated by reference in its entirety.     
 

 
Item 9.01. Financial Statements and Exhibits. 
 
(d) Exhibits
 
       
Exhibit No.
 
Description
 
99.1
 
 
News Release dated May 11, 2007 titled "Berry Petroleum Completes Sale of West Montalvo Assets".
 

 
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: May 11, 2007
 
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