Monday, December 2, 2024
California Resources Corporation initiates strategic realignment of business operations and corporate structure to maximize cash flow per share- oil and gas 360

California Resources Corporation initiates strategic realignment of business operations and corporate structure to maximize cash flow per share

Oil and Gas 360 Francisco J. Leon to Succeed Mark A. McFarland as President and Chief Executive Officer McFarland to Continue as a Non-Executive Director and Chair the Board of Carbon TerraVault, CRC’s Carbon Management Business, to Oversee its Continued Growth LONG BEACH, Calif.–(BUSINESS WIRE)– California Resources Corporation (NYSE: CRC) (“CRC” or the “Company”) announced today a strategic realignment of the Company’s business

Colorado Oil: Adams County Commissioners Vote to Put in a Temporary Moratorium on Oil & Gas Permit Applications- Oil & Gas 360

Plenty of Work for Lawyers from the Top Mergers and Acquisitions of 2018

From The Houston Chronicle Most mergers and acquisitions are aimed at increasing scale so companies can win a bigger chunk of their industry market. That proved true in 2018, but many companies struck deals for other reasons: some to simplify their corporate structures; others to diversify their product mix or geographic reach; and still others for cash to pay down

EQT Splits Upstream and Midstream Businesses

Tax-free separation creates two Appalachian-based energy companies EQT Corporation (ticker: EQT) has approved a plan to separate its upstream and midstream businesses, creating a standalone publicly traded corporation (NewCo) that will focus on midstream operations. The separation is intended to qualify as tax-free to EQT shareholders for U.S. federal income tax purposes, and is expected to be completed by the