California Resources Corporation to Participate at Upcoming Industry Conference

California Resources Corporation (NYSE: CRC) today announced that Todd
Stevens, President & CEO, will be presenting at the Scotia Howard Weil
2016 Energy Conference in New Orleans on March 23^rd, 2016.

The slides utilized at the conference will be available on the day of
the event on the “Earnings
and Presentations” page (select the “Investor Presentations” tab) in
the Investor Relations section on crc.com.

About California Resources Corporation

California Resources Corporation is the largest oil and natural gas
exploration and production company in California on a gross-operated
basis. The Company operates its world class resource base exclusively
within the State of California, applying integrated infrastructure to
gather, process and market its production. Using advanced technology,
California Resources Corporation focuses on safely and responsibly
supplying affordable energy for California by Californians.

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