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Berry Corporation Reports Strong 2023 Production and Reserves

Berry Corporation (NASDAQ:BRY) exceeds 2023 production & reserves targets. CEO outlines plans for sustained production and acquisitions in 2024.

by Mark Eisenberg
Fri, Jan 19, 2024 12:37am
in Stock Market
• 2 mins read
13.9k
Berry Corporation Reports Strong 2023 Production and Reserves | FinOracle

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Berry Corporation Exceeds 2023 Production and Reserves Targets

Dallas-based independent upstream energy company, Berry Corporation (NASDAQ:BRY), has announced that it has exceeded its production and reserves targets for 2023. The company reported estimated total production of approximately 25,300 barrels of oil equivalent per day (boe/d) for the full year 2023, with oil constituting about 93% of this production. This production level represents a slight increase from the guidance midpoint provided in September 2023 and is attributed to the enhanced performance of base production.

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