Berry Petroleum Company, LLC announced that, subject to market and other conditions, it intends to offer for sale in a private placement under Rule 144A and Regulation S of the Securities Act of 1933, as amended (the "Securities Act"), to eligible purchasers $350 million in aggregate principal amount of senior unsecured notes due 2026 (the "Notes"). The Notes will be guaranteed on a senior unsecured basis by Berry's parent company, Berry Petroleum Corporation. Berry intends to use the net proceeds from the offering to pay down borrowings under its revolving credit facility and for general corporate purposes.