BERRY PETROLEUM COMPANY 10¼% Senior Notes due 2014 Underwriting AgreementUnderwriting Agreement • August 13th, 2009 • Berry Petroleum Co • Crude petroleum & natural gas • New York
As of June 30, 2009, on an as adjusted basis to give effect to this offering and the application of the estimated net proceeds in the manner described above, we had a total capitalization of $1,803 million, total debt of $1,087 million and total long-term debt of $1,087 million, including $452 million outstanding under our senior secured revolving credit facility and $435 million of indebtedness associated with our 10¼% senior notes due 2014. The $325 million of 10¼% senior notes due 2014 issued on May 27, 2009 are recorded at their discounted amount of $304 million, with the discount to be accrued over the life of the senior notes. The $125 million of 10¼% senior notes issued in this offering are recorded at a premium of $6 million, which will be amortized over the life of the notes using the effective interest method. This information supplements the information contained in the capitalization table under the column heading “As Adjusted” on page S-30 of the preliminary prospectus sup
