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BRIEF-California Resources Corp, Macquarie announce JV

April 19 California Resources Corp

* California resources corporation and macquarie announce joint venture to invest up to $300 million in oil & gas properties

* California resources corp - mira has committed to fund $160 million for development of oil and gas properties in california

* California resources corp - mira will fund 100 percent of development wells in which it will earn a 90 percent working interest

* California resources corp - crc's working interest will revert from 10 to 75 percent upon mira achieving an agreed return Source text for Eikon: Further company coverage:

我们的标准: 汤森路透“信任原则

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