Berry Petroleum Company, LLC is engaged in the production and development of oil and natural gas. The Company's properties are located in California (San Joaquin Valley and Los Angeles basins), Kansas and the Oklahoma Panhandle (Hugoton Basin), Utah (Uinta Basin), east Texas and Colorado (Piceance Basin). The Company's principal customers include Exxon Mobil Corporation and Phillips 66. It is an indirect wholly owned subsidiary of Linn Energy, LLC (LINN Energy). As at December 31, 2014, the Company's proved reserves were approximately 279 million barrels of oil equivalent (MMBOE), of which approximately 52% were oil, 41% were natural gas and 7% were natural gas liquids (NGL). As of December 31, 2014, the Company had 93 gross (92 net) wells in progress. As of December 31, 2014, the Company had a total gross leasehold acreage of 730,000 and a total net leasehold acreage of 533,000.