California Resources Divests Interest In San Joaquin Basin Field For Over $200 Million
Transaction Type
Sellers
Buyers
Basin
San Joaquin Basin
Field
Lost Hills Field
Announce Date
Post Date
Close Date
Estimated Price
$235.0MM
Description
Acquired 50% of CRC WI and operatorship in certain zones in the Lost Hills Field in CA's San Joaquin Basin; includes 200-well development program to be drilled through 2023.