California Resources Corporation to Participate in May 2019 Investor Conferences

California Resources Corporation CRC, an independent California-based oil and gas exploration and production company, announced that its executives will be participating in the following conferences in May:

• Mark Smith, CRC's Senior Executive Vice President and Chief Financial Officer, will be presenting at the Goldman Sachs Fourth Annual Leveraged Finance Conference at 8:25 am PDT on May 7^th, 2019 in Rancho Palos Verdes, California.
• Todd Stevens, CRC's President and Chief Executive Officer, will be participating in Tudor, Pickering, Holt & Co's 15^th Annual Hotter 'N Hell Energy Conference on May 14^th, 2019 in Houston, Texas.

Presentation materials for each conference and the link to the live audio webcast for the Goldman Sachs presentation will be available on the day of the event on the "Earnings and Presentations" page (select the "Investor Presentations" tab) in the Investor Relations section on www.crc.com.

About California Resources Corporation (CRC)

California Resources Corporation (CRC) 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, CRC focuses on safely and responsibly supplying affordable energy for California by Californians.

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