Can California Halt 40 Years of Oil Declines with Faster Permits?
California Resources Corp. (CRC) operations in the Elk Hills Field in Kern County, California. CRC is the largest onshore oil producer in the state. (William Taylor Woods;ROAN LLC/California Resources Corp. (CRC))
CEO Doug Lawler said Continental Resources is continuing its international shale foray with a second overseas investment—this time in the Vaca Muerta—following a March joint venture deal for shale exploration in Turkey.