BRY - Mergers and acquisitions

DALLAS, Sept. 18, 2023 (GLOBE NEWSWIRE) -- Berry Corporation (bry) (NASDAQ:BRY) ("Berry" or the "Company") announced today that it has successfully completed the acquisition of Macpherson Energy Corporation, a privately held Kern County, California operator, previously announced in June. The Company has also updated its guidance for the full-year 2023 in connection with the acquisition. "Macpherson's high-quality, low decline oil producing properties are a complementary fit with Berry's existing portfolio and demonstrates Berry's disciplined approach to consolidation with a focus on value creation and accretion. This transaction is immediately accretive to Berry in both production a

DALLAS, Oct. 04, 2021 (GLOBE NEWSWIRE) -- Berry Corporation (bry) (NASDAQ:BRY) ("bry" or the "Company") today announced the acquisition of Basic Energy Services' ("Basic") California operations, which includes the legacy C&J Well Services ("C&J") operations acquired by Basic in March 2020. The acquisition officially closed on October 1, 2021. The acquired businesses will operate as C&J Well Services, LLC, a wholly owned subsidiary of bry.   The acquisition creates a strategic growth opportunity for bry. It is a synergistic fit with the Company's strategy to work with the State of California's energy transition goals to reduce fugitive emissions from orphan and idle wells, including me