California Resources Corporation - Ordinary Shares - New

NYSE:CRC  
38.39
-0.24 (-0.62%)
Other Pre-Announcement

California Resources Reaffirms 2022 Forecast

Published: 09/01/2022 13:21 GMT
California Resources Corporation - Ordinary Shares - New (CRC) - California Resources Corp- is Reaffirming the 2022 Full Year Guidance Previously Issued in Its Press Release, Dated August 3, 2022.
California Resources- Do Not Expect Limitations on Eor Activities Included in Senate Bill No. 905 to Impact Existing Oil, Gas Production Or Proved Reserves.
California Resources- Estimates Senate Bill No. 1137 Will Reduce Net Present Value of Proved Undeveloped Reserves by Less Than 25%.
California Resources- Estimates Senate Bill No. 1137 Will Reduce Net Present Value of Overall Proved Reserves by Less Than 10%.
California Resources- As a Result of Senate Bill No. 1137 Co's Development Plans Will Change.
California Resources- Does Not Currently Expect Overall Pace of Development to Be Affected Materially, As Result of Senate Bill No. 1137.