California Resources Acquires Remaining Elk Hills Interest From Chevron

Transaction Type

Sellers

Buyers

California Resources Corp.

Basin

San Joaquin Basin

Field

Elk Hills Field

Announce Date

Mon, 04/09/2018 - 12:00 PM

Post Date

Apr 9, 2018

Close Date

Mon, 04/09/2018 - 12:00 PM

Estimated Price

513MM

Description

Acquired remaining working, surface and mineral interests in the 47,000-acre Elk Hills Field in CA's San Joaquin Basin.