Form 8-K for 03-02-07 Regarding change in principal accounting officer of Berry Petroleum Company



 
 
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): March 2, 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 5.02(b) Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers
 
On March 2, 2007, Steven B. Wilson was appointed to the position of treasurer of Berry Petroleum Company (Berry) and is no longer principal accounting officer for Berry. 
 
 
Item 5.02 (c) Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers 
 
On March 2,  2007, Shawn M. Canaday, 31, was apointed to the position of controller and was named as the principal accounting officer of Berry. Mr. Canaday had been treasurer since December 2004 and joined Berry as a senior financial analyst in 2003. Mr. Canaday has worked in the oil and gas industry since 1998 in various finance functions at Chevron and in public accounting. Mr. Canaday is a graduate of California State University, Fresno.
 
 

 
Item 9.01. Financial Statements and Exhibits. 
 
 
(d) Exhibits
 
       
 
Exhibit No.
 
 
 
Description
 
 
 
99.1
 
 
 
News Release dated March 5, 2007 titled "Berry Petroleum Appoints Shawn Canaday to Controller and Steve Wilson to Treasurer"
 
 

 
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: March 5, 2007
 
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Exhibit 99.1 - News Release dated 03-05-07 titled "Berry Petroleum Appoints Shawn Canaday to Controller and Steve Wilson to Treasurer"


 
 
 
Berry Petroleum Company News
Contact: Berry Petroleum Company
5201 Truxtun Ave., Ste. 300
Bakersfield, CA 93309
1-661-616-3900
 
Contacts: Robert F. Heinemann, President and CEO - - Ralph J. Goehring, Executive Vice President and CFO

 
Berry Petroleum Appoints Shawn Canaday to Controller and Steve Wilson to Treasurer
 
Bakersfield, Calif.-- (BUSINESS WIRE)--March 5, 2007 Bakersfield, CA-- Berry Petroleum Company (NYSE: BRY) today announced that Shawn Canaday, 31, has been appointed controller and Steven B. Wilson, 43, has been appointed treasurer, effective March 2, 2007. Mr. Wilson was recently named controller of Berry upon the retirement of Mr. Don Dale in December 2006. Both Mr. Canaday and Mr. Wilson report to Mr. Ralph Goehring, executive vice president and chief financial officer.

In announcing the appointments Mr. Goehring said, “Both Mr. Wilson and Mr. Canaday have been an integral part of the Berry finance leadership over the past three years. Both have demonstrated exceptional financial acumen in their respective roles at Berry. We are switching their roles to allow each of them the opportunity to broaden their experience and knowledge base, to enhance their leadership abilities and to provide executive depth within the Company. We all work well together and will continue to advance our broadening finance function as Berry executes its growth strategies.”

Mr. Canaday has been the treasurer since December 2004 and joined Berry as a senior financial analyst in 2003. Mr. Canaday is a graduate of California State University, Fresno, and has experience in both public accounting and the oil and gas industry, having previously worked for Chevron.

Mr. Wilson was promoted to controller from assistant controller in December 2006. He joined Berry in 2003 and is a graduate of Brigham Young University. Prior to joining Berry, Mr. Wilson held senior financial management positions with several companies and was an audit manager with Price Waterhouse LLP.

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.

Safe harbor under the “Private Securities Litigation Reform Act of 1995”
Any statements in this news release that are not historical facts are forward-looking statements that involve risks and uncertainties. Important factors which could affect actual results are discussed in PART 1, Item 1A. Risk Factors of Berry’s 2006 Form 10-K filed with the Securities and Exchange Commission.

 

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