April 9, 2018 / 9:30 PM / 6 months ago

BRIEF-California Resources Corp Acquisition Consolidates Interests In Elk Hills Field

April 9 (Reuters) - California Resources Corp:

* CALIFORNIA RESOURCES CORPORATION ACQUISITION CONSOLIDATES INTERESTS IN ELK HILLS FIELD

* CONSOLIDATING SOLE OWNERSHIP OF ELK HILLS FIELD, CRC PAID CASH OF $460 MILLION AND ISSUED 2.85 MILLION CRC COMMON SHARES TO CHEVRON

* DEAL INCLUDES CHEVRON'S NON-OPERATED WORKING INTERESTS RANGING BETWEEN 20% TO 22% IN DIFFERENT HORIZONS WITHIN ELK HILLS FIELD Source text for Eikon: Further company coverage:

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