Berry Petroleum Company Names Ronald J. Robinson to Board of Directors.BAKERSFIELD, Calif. -- Berry Petroleum Company (NYSE NYSE See: New York Stock Exchange :BRY) announced that Ronald J. Robinson has been elected to the Board of Directors, effective August 4, 2006. Mr. Martin H. Young, chairman of the board, said, "We are delighted that Ron Robinson Ron Robinson (born March 24, 1962 in Exeter, California) was a Major League Baseball right-handed pitcher for the Cincinnati Reds (1984-1990) and the Milwaukee Brewers (1990-1992). He was the first-round pick (19th overall) of the Reds in the 1980 amateur draft. is joining Berry's Board at this time. Ron brings deep technical knowledge and experience which will strengthen our already strong board. His advice will be invaluable as we continue our growth activities in all of the development facets of the Company." Mr. Robert F. Heinemann, president and chief executive officer of Berry, stated, "Ron has tremendous experience in all technical aspects of oil and gas development and exploration activity as well as the application of leading-edge technology to those activities. Ron's willingness to be part of the Board continues to move Berry forward in its growth strategy." Mr. Robinson has over 30 years' experience in the oil and gas industry, having served in various roles for Texaco, including his last position as the President of Texaco Technology Division. Following his tenure at Texaco, he served as the department head and the Albert B. Stevens Endowed Chair professor at the Harold Vance Department of Petroleum Engineering at Texas A&M University. Currently he is the chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Knowledge Deployment, Inc., which assists in the development of high technology startup entities. Mr. Robinson holds a PhD in petroleum engineering from Texas A&M University. 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 “Bakersfield” redirects here. For other uses, see Bakersfield (disambiguation). Bakersfield (pop. 323,213GR2) is one of the fastest-growing, large-population cities in the United States. , and a regional office in Denver, Colorado. Since 2003, Berry has added over 1,000,000 acres to its oil and gas asset portfolio with acreage in California, Utah, Colorado, Kansas, Nebraska and North Dakota. Visit www.bry.com for more information. Safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. under the "Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995" Any statements in this news release that are not historical facts are forward-looking statements that involve risks and uncertainties. Words such as "will," "ongoing," "strategy," and others indicate forward-looking statements, and important factors which could affect actual results are discussed in Part I, Item 1A. Risk Factors of Berry's 2005 Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. filed with the Securities and Exchange Commission, under the heading "Other Factors Affecting the Company's Business and Financial Results" in the section titled "Management's Discussion and Analysis Management's discussion and analysis (MD&A) A report from management to shareholders that accompanies the firm's financial statements in the annual report. It explains the period's financial results and enables management to discuss topics that may not be apparent in the financial of Financial Condition and Results of Operations." |
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