424B31prospectus-berrycorporatio.htm424B3 PROSPECTUS FiledpursuanttoRule424(b)(3)RegistrationNo.333-267240 BerryCorporation(bry) $500,000,000 CommonStockPreferredStockDebtSecurities Atthetimeoffilingwehavenocurrentplanstodoso,however,fromtimetotimeinoneormoreofferings,wemayofferandsell(i)commonstock,(ii)preferredstockand(iii)debtsecuritiesissuedbyBerryCorporation(bry)(“BerryCorp.”).Werefertothecommonstock,thepreferredstockandthedebtsecuritiescollectivelyasthe“securities.”Theaggregateinitialofferingpriceofallsecuritiessoldbyusunderthisprospectuswillnotexceed $500,000,000. Wemayofferandsellthesesecuritiesonadelayedorcontinuousbasistoorthroughoneormoreunderwriters,dealersoragents,ordirectlytoinvestors,inamounts,atpricesandontermstobedeterminedbymarketconditionsandotherfactorsatthetimeoftheoffering.Thisprospectusdescribesonlythegeneraltermsofthesesecuritiesandthegeneralmannerinwhichwemayofferthesesecurities.Thespecifictermsofanysecuritiesweofferwill,ifnotincludedinthisprospectusorinformationincorporatedbyreferenceherein,beincludedinasupplementtothisprospectus.Theprospectussupplementmaydescribethespecificmannerinwhichwewillofferthesesecuritiesandalsomayadd,updateorchangeinformationcontainedinthisprospectus. Wemayamendorsupplementthisprospectusfromtimetotimebyfilingamendmentsorsupplementsasrequired.Youshouldreadthisentireprospectus,includingthedocumentsincorporatedbyreference,andanyamendmentsorsupplementscarefullybeforeyoumakeyourinvestmentdecision. OurcommonstockislistedontheNasdaqGlobalSelectMarket(the“NASDAQ”)underthesymbol“BRY.”Wewillprovideinformationintherelatedprospectussupplementforthetradingmarket,ifany,foranyothersecuritiesthatmaybeoffered. Investinginoursecuritiesinvolvesrisks.Pleasesee“RiskFactors”beginningonpage2ofthisprospectus. NeithertheSecuritiesandExchangeCommission(“SEC”)noranystatesecuritiescommissionhasapprovedordisapprovedofthesesecuritiesorpassedupontheadequacyoraccuracyofthisprospectus.Anyrepresentationtothecontraryisacriminaloffense. ThedateofthisprospectusisSeptember15,2022 TABLEOFCONTENTS ABOUTTHISPROSPECTUSii WHEREYOUCANFINDMOREINFORMATIONiii INFORMATIONINCORPORATEDBYREFERENCEiv ABOUTBERRYCORPORATION(bry)1 RISKFACTORS2 CAUTIONARYNOTEREGARDINGFORWARD-LOOKINGSTATEMENTS3 USEOFPROCEEDS5 DESCRIPTIONOFDEBTSECURITIES6 DESCRIPTIONOFCAPITALSTOCK10 PLANOFDISTRIBUTION14 LEGALMATTERS16 EXPERTS16 Youshouldrelyonlyontheinformationcontainedinthisprospectus,anyprospectussupplementandthedocumentswehaveincorporatedbyreferenceinthisprospectusoranyprospectussupplement.Wehavenotauthorizedanyonetoprovideyouwithinformationdifferentfromthatcontainedinthisprospectus,anyprospectussupplementoranyfreewritingprospectus.Wetakenoresponsibilityfor,andcanprovidenoassuranceastothereliabilityof,anyotherinformationthatothersmaygiveyou.Weareofferingtosellthesesecuritiesonlyinjurisdictionswhereoffersandsalesarepermitted.Theinformationinthisprospectusoranyprospectussupplementisaccurateonlyasofthedateofthisprospectusorsuchprospectussupplement,regardlessofthetimeofdeliveryofthisprospectus,anyprospectussupplementoranysaleofthesecurities.Wewilldiscloseanymaterialchangesinouraffairsinanamendmenttothisprospectus,aprospectussupplementorafuturefilingwiththeSECincorporatedbyreferenceinthisprospectusoranyprospectussupplement. i ABOUTTHISPROSPECTUS Additionalinformation,includingourfinancialstatementsandthenotesthereto,isincorporatedinthisprospectusbyreferencetoourreportsfiledwiththeSEC.Pleaseread“WhereYouCanFindMoreInformation”below.Youareurgedtoreadthisprospectuscarefully,including“RiskFactors,”“CautionaryNoteRegardingForward-LookingStatements,”andthedocumentsincorporatedbyreferenceintheirentiretybeforeinvestinginoursecurities. Whenweusetheterms“we,”“us,”“our,”the“Company,”orsimilarwordsinthisprospectus,unlessthecontextotherwiserequires,wearereferringtoBerryCorp.anditssubsidiary,BerryPetroleumCompany,LLC(“BerryLLC”),andasofOctober1,2021thisalsoincludesC&JWellServices,LLC(“CJWS”)andCJBerryWellServicesManagement,LLC(“C&JManagement”). ii WHEREYOUCANFINDMOREINFORMATION WehavefiledwiththeSECaregistrationstatementonFormS-3(includingtheexhibits,schedulesandamendmentsthereto)undertheSecuritiesAct,withrespecttothesecuritiesthatmaybeofferedhereby.Thisprospectusdoesnotcontainalloftheinformationsetforthintheregistrationstatementandtheexhibitsandschedulesthereto.Forfurtherinformationwithrespecttothesecuritiesofferedhereby,wereferyoutotheregistrationstatementandtheexhibitsandschedulesfiledtherewith.Statementscontainedinthisprospectusastothecontentsofanycontract,agreementoranyotherdocumentaresummariesofthematerialtermsofsuchcontract,agreementorotherdocumentandarenotnecessarilycomplete.Withrespecttoeachofthesecontracts,agreementsorotherdocumentsfiledasanexhibittotheregistrationstatement,referenceismadetotheexhibitsforamorecompletedescriptionofthematterinvolved. WearerequiredtofileannualandquarterlyreportsandotherinformationwiththeSEC.TheSECmaintainsawebsitethatcontainsreports,proxyandinformationstatementsandotherinformationregardingregistrantsthat