California Resources Corporation to Present at Upcoming Industry Conferences in March

California Resources Corporation (NYSE: CRC) today announced that Mark Smith, Senior Executive Vice Present and CFO, will present at the Raymond James & Associates’ 39th Annual Institutional Investors Conference on March 5th in Orlando, Florida and Todd Stevens, President and CEO, will be presenting at the Scotia Howard Weil 46th Annual Energy Conference on March 28th in New Orleans, Louisiana.

The live audio webcast and slides for CRC’s presentation at the Raymond James & Associates Conference will be available on Monday, March 5 at 4:00 pm EST on the “Earnings and Presentations” page (select the “Investor Presentations” tab) in the Investor Relations section on www.crc.com.

The accompanying slides for these presentations and the webcast link for the Raymond James conference will be available on the Investor Relations section of CRC’s website at www.crc.com on the day of the events.

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 complementary and 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.