Read More

California Resources Corporation To Combine With Aera Energy; The Transaction Values Aera At ~$2.1B; CRC Will Issue 21.2M Shares Of Its Common Stock To The Equity Owners Of Aera, And Refinance Aera’s Outstanding Debt

Transaction highly accretive across key 2024E financial metricsComplementary assets to significantly scale E&P business and expand leading carbon management platformCalifornia Resources Corporation (NYSE:CRC) today

CRC

Read More

U.S. EPA Releases Draft Class VI Permits To CRC’s Carbon TerraVault For CO2 Injection And Storage In California; Milestone Represents Nation’s First For Use Of Depleted Oil And Natural Gas Fields To Capture CO2

Milestone Represents Nation's First for Use of Depleted Oil and Natural Gas Fields to Capture CO2California Resources Corporation (NYSE:CRC) and its carbon management business, Carbon TerraVault (CTV), today announced

CRC