Berry jumps on plans to explore sale

Berry (Bry)

06/10/2022 18:15

** Shares of oil producer Berry Corp  BRY.O  jump 10% to
$9.36
    ** BRY is exploring strategic options that could result in
the sale of the California-focused oil producer, according to
sources  urn:newsml:reuters.com:*:nL8N3155ZH
    ** Berry could attract interest from suitors backed by
private equity funds or international energy companies, 
according to one of the sources 
    ** BRY up ~20% so far this year
 (Reporting by Arunima Kumar in Bengaluru)
 ((Arunima.Kumar@thomsonreuters.com; Twitter: https://twitter.com/Aru_Kumar94))