California Resources Corporation Announces Its First Quarter 2016 Earnings Release and Conference Call

California Resources Corporation (NYSE: CRC) will host its first quarter financial results conference call on Thursday, May 5^th, at 5:00 p.m. Eastern Daylight Time. The Company’s earnings will be released following the market close on the same date.

We encourage participants to pre-register for the conference call using the following link http://dpregister.com/10082716. Callers who pre-register will be given a conference passcode and unique PIN to gain immediate access to the call and bypass the live operator. Participants may pre-register at any time, including up to and after the call start time.

To participate in CRC’s conference call, either dial (877) 328-5505 (International calls please dial +1 (412) 317-5421) or access via webcast at www.crc.com, fifteen minutes prior to the scheduled start time to register. A digital replay of the conference call will be archived for approximately 30 days and available online in Investor Relations at www.crc.com.

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 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.

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