0001172661-18-002219.txt : 20181119 0001172661-18-002219.hdr.sgml : 20181119 20181119143653 ACCESSION NUMBER: 0001172661-18-002219 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20181119 DATE AS OF CHANGE: 20181119 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Berry Petroleum Corp CENTRAL INDEX KEY: 0001705873 STANDARD INDUSTRIAL CLASSIFICATION: CRUDE PETROLEUM & NATURAL GAS [1311] IRS NUMBER: 815410470 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-90724 FILM NUMBER: 181192186 BUSINESS ADDRESS: STREET 1: 16000 N. DALLAS PKWY, STE 100 CITY: DALLAS STATE: TX ZIP: 75248 BUSINESS PHONE: 214-453-2920 MAIL ADDRESS: STREET 1: 16000 N. DALLAS PKWY, STE 100 CITY: DALLAS STATE: TX ZIP: 75248 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: CarVal Investors, LLC CENTRAL INDEX KEY: 0001425040 IRS NUMBER: 203793520 STATE OF INCORPORATION: DE FISCAL YEAR END: 0531 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 9320 EXCELSIOR BOULEVARD, 7TH FLOOR CITY: HOPKINS STATE: MN ZIP: 55343 BUSINESS PHONE: 9529843967 MAIL ADDRESS: STREET 1: 9320 EXCELSIOR BOULEVARD, 7TH FLOOR CITY: HOPKINS STATE: MN ZIP: 55343 SC 13G 1 carval-bry11092018.htm



 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549

 

SCHEDULE 13G

 

Under the Securities Exchange Act of 1934

(Amendment No. )*



BERRY PETROLEUM CORPORATION

(Name of Issuer)

 

Common Stock, par value $0.001 per share

(Title of Class of Securities)

 

08579X101

(CUSIP Number)

 

 

November 9, 2018
(Date of Event Which Requires Filing of this Statement)

 

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

 

o Rule 13d-1(b)

x Rule 13d-1(c)

o Rule 13d-1(d)

 

 

*The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

 

The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 


 

CUSIP No.  08579X101
 SCHEDULE 13G
Page 2 of 13 Pages

 

         
1
NAME OF REPORTING PERSONS
 
CarVal Investors, LLC
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) o
(b) o
 
3
SEC USE ONLY
 
 
4
CITIZENSHIP OR PLACE OF ORGANIZATION
 
Delaware
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
5
SOLE VOTING POWER
 
0
6
SHARED VOTING POWER
 
6,555,642
7
SOLE DISPOSITIVE POWER
 
0
8
SHARED DISPOSITIVE POWER
 
6,555,642
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
6,555,642
10
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
 
 
o
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
 
8.03%
12
TYPE OF REPORTING PERSON
 
IA

 


 

CUSIP No.  08579X101
 SCHEDULE 13G
Page 3 of 13 Pages

 

         
1
NAME OF REPORTING PERSONS
 
CVI AA Lux Securities S.à r.l
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) o
(b) o
 
3
SEC USE ONLY
 
 
4
CITIZENSHIP OR PLACE OF ORGANIZATION
 
Luxembourg
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
5
SOLE VOTING POWER
 
0
6
SHARED VOTING POWER
 
803,348
7
SOLE DISPOSITIVE POWER
 
0
8
SHARED DISPOSITIVE POWER
 
803,348
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
803,348
10
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
 
 
o
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
 
0.98%
12
TYPE OF REPORTING PERSON
 
OO

 


 

CUSIP No.  08579X101
 SCHEDULE 13G
Page 4 of 13 Pages

 

         
1
NAME OF REPORTING PERSONS
 
CVI AV Lux Securities S.à r.l
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) o
(b) o
 
3
SEC USE ONLY
 
 
4
CITIZENSHIP OR PLACE OF ORGANIZATION
 
Luxembourg
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
5
SOLE VOTING POWER
 
0
6
SHARED VOTING POWER
 
158,226
7
SOLE DISPOSITIVE POWER
 
0
8
SHARED DISPOSITIVE POWER
 
158,226
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
158,226
10
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
 
 
o
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
 
0.19%
12
TYPE OF REPORTING PERSON
 
OO
 


 

CUSIP No.  08579X101
 SCHEDULE 13G
Page 5 of 13 Pages

 

         
1
NAME OF REPORTING PERSONS
 
CVI CVF III Lux Securities S.à r.l
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) o
(b) o
 
3
SEC USE ONLY
 
 
4
CITIZENSHIP OR PLACE OF ORGANIZATION
 Luxembourg
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
5
SOLE VOTING POWER
 
0
6
SHARED VOTING POWER
 
3,193,056
7
SOLE DISPOSITIVE POWER
 
0
8
SHARED DISPOSITIVE POWER
 
3,193,056
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
3,193,056
10
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
 
 
o
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
3.91%
12
TYPE OF REPORTING PERSON
 
OO

 

 


 

CUSIP No.  08579X101
 SCHEDULE 13G
Page 6 of 13 Pages

 

         
1
NAME OF REPORTING PERSONS
 
CVI CVF IV Lux Securities S.à r.l
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) o
(b) o
 
3
SEC USE ONLY
 
 
4
CITIZENSHIP OR PLACE OF ORGANIZATION
 
Luxembourg
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH3REPORTING
PERSON
WITH
5
SOLE VOTING POWER
 
0
6
SHARED VOTING POWER
 
721,924
7
SOLE DISPOSITIVE POWER
 
0
8
SHARED DISPOSITIVE POWER
 
721,924
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
721,924
10
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
 
 
o
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
 
0.88%
12
TYPE OF REPORTING PERSON
 
OO
 


 

CUSIP No.  08579X101
 SCHEDULE 13G
Page 7 of 13 Pages

 

         
1
NAME OF REPORTING PERSONS
 
CVIC Lux Securities Trading S.à r.l
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) o
(b) o
 
3
SEC USE ONLY
 
 
4
CITIZENSHIP OR PLACE OF ORGANIZATION
 
Luxembourg
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
5
SOLE VOTING POWER
 
0
6
SHARED VOTING POWER
 
1,191,224
7
SOLE DISPOSITIVE POWER
 
0
8
SHARED DISPOSITIVE POWER
 
1,191,224
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
1,191,224
10
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
 
 
o
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
 
1.46%
12
TYPE OF REPORTING PERSON
 
OO
 


 

CUSIP No.  08579X101
 SCHEDULE 13G
Page 8 of 13 Pages

 

         
1
NAME OF REPORTING PERSONS
 
CarVal CGF Lux Securities S.à r.l
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) o
(b) o
 
3
SEC USE ONLY
 
 
4
CITIZENSHIP OR PLACE OF ORGANIZATION
 
Luxembourg
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
5
SOLE VOTING POWER
 
0
6
SHARED VOTING POWER
 
487,864
7
SOLE DISPOSITIVE POWER
 
0
8
SHARED DISPOSITIVE POWER
 
487,864
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
487,864
10
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
 
 
o
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
 
0.60%
12
TYPE OF REPORTING PERSON
 
OO
 


 

 

CUSIP No. 08579X101
 SCHEDULE 13G
Page 9 of  13 Pages

 

Item 1.(a) Name of Issuer

Berry Petroleum Corporation

Item 1.(b) Address of Issuer’s Principal Executive Offices

16000 N. Dallas Parkway, Suite 500, Dallas, Texas 75248

Item 2.(a, b, c) Names of Person Filing, Address of Principal Business Office, Citizenship:

CarVal Investors, LLC, a Delaware limited liability company, 9320 Excelsior Boulevard, 7th Floor, Hopkins, MN 55343.

CVI AA Lux Securities S.à r.l, a Luxembourg entity, c/o Carval Investors, LLC 9320, Excelsior Boulevard, 7th Floor, Hopkins, MN 55343.

CVI AV Lux Securities S.à r.l, a Luxembourg entity, c/o Carval Investors, LLC 9320, Excelsior Boulevard, 7th Floor, Hopkins, MN 55343.

CVI CVF III Lux Securities S.à r.l, a Luxembourg entity, c/o Carval Investors, LLC, 9320 Excelsior Boulevard, 7th Floor, Hopkins, MN 55343.

CVI CVF IV Lux Securities S.à r.l, a Luxembourg entity, c/o Carval Investors, LLC, 9320 Excelsior Boulevard, 7th Floor, Hopkins, MN 55343.

CVIC Lux Securities Trading S.à r.l, a Luxembourg entity, c/o Carval Investors, LLC, 9320 Excelsior Boulevard, 7th Floor, Hopkins, MN 55343.

CarVal CGF Lux Securities S.à r.l, a Luxembourg entity, c/o Carval Investors, LLC, 9320 Excelsior Boulevard, 7th Floor, Hopkins, MN 55343.

  

Item 2.(d) Title of Class of Securities

Common Stock, par value $0.001 per share (the “Common Stock”)

 

Item 2.(e) CUSIP No.:

08579X101

 

CUSIP No.  08579X101
 SCHEDULE 13G
Page 10 of 13 Pages

 

 

Item 3. If this statement is filed pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:

  (a) ¨ Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
 
  (b) ¨ Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
 
  (c) ¨ Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
 
  (d) ¨ Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
 
  (e) o An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E);
 
  (f) ¨ An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F);
 
  (g) ¨ A parent holding company or control person in accordance with §240.13d-1(b)(1)(ii)(G);
 
  (h) ¨ A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
 
  (i) ¨ A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
 
  (j) ¨ A non-U.S. institution in accordance with §240.13d-1(b)(1)(ii)(J);
 
  (k) ¨ A group, in accordance with §240.13d-1(b)(1)(ii)(K). If filing as a non-U.S. institution in accordance with §240.13d-1(b)(1)(ii)(J), please specify the type of institution:                            
     

 

Not Applicable

 

 

CUSIP No. 08579X101
 SCHEDULE 13G
Page 11 of 13 Pages

 

 

Item 4. Ownership

Information with respect to the Reporting Persons' ownership of the Common Stock as of November 19, 2018, is incorporated by reference to items (5) - (9) and (11) of the cover page of the respective Reporting Person.

The amount beneficially owned by each Reporting Person is determined based on 81,642,953 shares of Common Stock outstanding as of October 31, 2018, as the Issuer reported in its 10-Q filed with the SEC on November 9, 2018.

Item 5. Ownership of Five Percent or Less of a Class

If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following [ ].

Item 6. Ownership of More Than Five Percent on Behalf of Another Person

Not Applicable.

Item 7. Identification and Classification of the Subsidiary which Acquired the Security Being Reported on by the Parent Holding Company or Control Person

Not Applicable.

Item 8. Identification and Classification of Members of the Group

Not Applicable.

Item 9. Notice of Dissolution of Group 

Not Applicable.

Item 10. Certification

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.

 

 
CUSIP No. 08579X101
 SCHEDULE 13G
Page 12 of 13 Pages

 

 

SIGNATURE

 

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

 

Dated: November 19, 2018

 

 

 

  CarVal Investors, LLC

       
  By:  /s/ Matthew Bogart
    Matthew Bogart, General Counsel and Chief Compliance Officer
       
 

CVI AA Lux Securities S.à r.l

       
  By:  /s/ Cécile Gadisseur
    Cécile Gadisseur, Manager
       
 

CVI AV Lux Securities S.à r.l

       
  By:  /s/ Cécile Gadisseur
    Cécile Gadisseur, Manager
       
 

CVI CVF III Lux Securities S.à r.l

       
  By:  /s/ Cécile Gadisseur
    Cécile Gadisseur, Manager
       
 

CVI CVF IV Lux Securities S.à r.l

       
  By:  /s/ Cécile Gadisseur
    Cécile Gadisseur, Manager
       
 

CVIC Lux Securities Trading S.à r.l

       
  By:  /s/ Cécile Gadisseur
    Cécile Gadisseur, Manager
       
 

CarVal CGF Lux Securities S.à r.l

       
  By:  /s/ Cécile Gadisseur
    Cécile Gadisseur, Manager
       

 
CUSIP No. 08579X101
 SCHEDULE 13G
Page 13 of 13 Pages

 

Exhibit I

 

JOINT FILING STATEMENT

 

PURSUANT TO RULE 13d-1(k)

 

The undersigned acknowledge and agree that the foregoing statement on Schedule 13G, is filed on behalf of each of the undersigned and that all subsequent amendments to this statement on Schedule 13G, shall be filed on behalf of each of the undersigned without the necessity of filing additional joint acquisition statements. The undersigned acknowledge that each shall be responsible for the timely filing of such amendments, and for the completeness and accuracy of the information concerning him or it contained therein, but shall not be responsible for the completeness and accuracy of the information concerning the others, except to the extent that he or it knows or has reason to believe that such information is inaccurate.

 

Dated: November 19, 2018

 

  CarVal Investors, LLC

       
  By:  /s/ Matthew Bogart
    Matthew Bogart, General Counsel and Chief Compliance Officer
       
 

CVI AA Lux Securities S.à r.l

       
  By:  /s/ Cécile Gadisseur
    Cécile Gadisseur, Manager
       
 

CVI AV Lux Securities S.à r.l

       
  By:  /s/ Cécile Gadisseur
    Cécile Gadisseur, Manager
       
 

CVI CVF III Lux Securities S.à r.l

       
  By:  /s/ Cécile Gadisseur
    Cécile Gadisseur, Manager
       
 

CVI CVF IV Lux Securities S.à r.l

       
  By:  /s/ Cécile Gadisseur
    Cécile Gadisseur, Manager
       
 

CVIC Lux Securities Trading S.à r.l

       
  By:  /s/ Cécile Gadisseur
    Cécile Gadisseur, Manager
       
 

CarVal CGF Lux Securities S.à r.l

       
  By:  /s/ Cécile Gadisseur
    Cécile Gadisseur, Manager