California Resources Lands More Funding With $300 Million JV

Transaction Type

Sellers

California Resources Corp.

Buyers

Macquarie Infrastructure and Real Assets

Basin

San Joaquin Basin

Announce Date

Wed, 04/19/2017 - 12:00 PM

Post Date

Apr 19, 2017

Close Date

Wed, 04/19/2017 - 12:00 PM

Estimated Price

$300.0MM

Description

Formed JV to invest up to $300 million of funding in developing CRC's properties, with a focus on the San Joaquin Basin.

California Resources Lands More Funding With $300 Million JV