LINN Energy, LLC and LinnCo, LLC announced that LINN Energy is offering to purchase all of the outstanding 10.25% Senior Notes due 2014, 6.75% Senior Notes due 2020 and 6.375% Senior Notes due 2022 of Berry Petroleum Company, LLC. On December 16, 2013, Berry became a wholly-owned subsidiary of LINN Energy, which constituted a Change of Control. Pursuant to the terms of the Notes, following a Change of Control, Berry is required to make an offer to purchase all or a portion of each series of Notes at a price of 101% of the aggregate principal amount of Notes repurchased, plus accrued and unpaid interest to, but not including, the date of purchase (the 'Change of Control Payment').

LINN Energy offered to purchase for the Change of Control Payment all of Berry's outstanding Notes at the price described above. Any Notes that remain outstanding after consummation of the Offer will continue to be obligations of Berry under the indentures governing each series of the Notes. The Notice and the terms and conditions of the offer are included in the Notice of Change of Control and offer to purchase dated January 15, 2014 and related letter of transmittal to be distributed to holders of the notes.

The offer will expire at 9:00 a.m., New York City time, on February 14, 2014, unless extended. The Company has retained D.F. King & Co. Inc. to act as the Tender Agent.