 DALLAS, Aug. 17, 2021 GLOBE NEWSWIRE -- Berry Corporation bry NASDAQ: BRY bry or the Company today announced that it has entered into an asset purchase agreement APA as a stalking horse bidder to acquire substantially all the assets comprising Basic Energy Services Basic California business lines in connection with Basics bankruptcy proceeding filed today. Specifically, under the terms of the APA, bry would acquire Basics well servicing, specialized completion and remedial services, and water logistics services businesses in California. Much of Basics California business today is known as CJ Well Services and was originally established in San Angelo, Texas, in 1948 by Frank Pool as Pool Well Services. 