Berry Petroleum Reports 2006 Earnings of $2.41 Per Share; Production, Reserves Reach Record Highs.

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Berry Petroleum Reports 2006 Earnings of $2.41 Per Share; Production, Reserves Reach Record Highs.

Achieves Fourth Straight Year of Double Digit Production Growth

Enters into Long Term Crude Oil Sales Contract for Uinta Production

BAKERSFIELD, Calif. -- Berry Petroleum Company (NYSE:BRY) earned net income of $108 million, or $2.41 per diluted share, for the twelve months ending December 31, 2006, down slightly from the record 2005 net income of $112 million, or $2.50 per diluted share, according to Robert F. Heinemann, president and chief executive officer.

For 2006...

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