California Resources Corporation (NYSE:CRC) Files An 8-K Regulation FD Disclosure

California Resources Corporation (NYSE:CRC) Files An 8-K Regulation FD Disclosure

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Item 7.01

Regulation FD Disclosure.
On March 8, 2017, Marshall (Mark) Smith, Senior Executive Vice
President and Chief Financial Officer of California Resources
Corporation, a Delaware corporation (the Company) will attend the
Raymond James Associates 38th>Annual Institutional
Investors Conference which will be held in Orlando, Florida. The
slides attached as Exhibit 99.1 to this Current Report on Form
8-K include information he expects to discuss.
The information contained in this report is being furnished and
shall not be deemed filed for purposes of Section 18 of the
Securities Exchange Act of 1934, nor shall it be deemed
incorporated by reference in any filing under the Securities Act
of 1933, except as shall be expressly set forth by specific
reference in such filing.
Statements contained in the exhibit to this report that state the
Companys or its managements expectations or predictions of the
future are forward-looking statements intended to be covered by
the safe harbor provisions of the Securities Act of 1933, as
amended, and the Securities Exchange Act of 1934, as amended. It
is important to note that the Companys actual results could
differ materially from those projected in such forward-looking
statements. Factors that could affect those results include those
mentioned in the documents that the Company has filed with the
Securities and Exchange Commission.
The Company undertakes no duty or obligation to publicly update
or revise the information contained in this report, although the
Company may do so from time to time as management believes is
warranted. Any such updating may be made through the filing of
other reports or documents with the SEC, through press releases
or through other public disclosure including disclosure in the
Investor Relations portion of the Companys website.
Item 9.01
Financial Statements and Exhibits.
Exhibit No.
Raymond James Associates 38th Annual
Institutional Investors Conference, March
6th-8th, 2017

About California Resources Corporation (NYSE:CRC)

California Resources Corporation is an independent oil and natural gas exploration and production company, with operating properties within the State of California. The Company produces approximately 160 thousand barrels of oil equivalent per day (MBoe/d). It has net proved reserves of over 640 million barrels of oil equivalent (MMBoe). It operates approximately three drilling rigs across the state with over two located in the San Joaquin basin (steamflood activities) and approximately one in the Los Angeles basin (waterflood activities). It has drilled over 290 gross development wells with over 250 wells in the San Joaquin basin and approximately 30 wells in the Los Angeles basin. It has also drilled approximately three exploration wells in the San Joaquin basin. Its operations include approximately 140 fields with over 9,070 gross active wellbores. It sells its crude oil, natural gas and natural gas liquids production to marketers, California refineries and other purchasers.

California Resources Corporation (NYSE:CRC) Recent Trading Information

California Resources Corporation (NYSE:CRC) closed its last trading session down -0.22 at 17.97 with 1,179,354 shares trading hands.

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