1.0KHTS Radiohttps://www.hometownstation.comDevon Millerhttps://www.hometownstation.com/author/devon-mSanta Clarita-Based Oil Drilling, Production Company Files Chapter 11 Bankruptcyrich600338<blockquote class="wp-embedded-content" data-secret="l34kUUMcHw"><a href="https://www.hometownstation.com/santa-clarita-news/business/santa-clarita-based-oil-drilling-production-company-files-chapter-11-bankruptcy-336532">Santa Clarita-Based Oil Drilling, Production Company Files Chapter 11 Bankruptcy</a></blockquote><iframe sandbox="allow-scripts" security="restricted" src="https://www.hometownstation.com/santa-clarita-news/business/santa-clarita-based-oil-drilling-production-company-files-chapter-11-bankruptcy-336532/embed#?secret=l34kUUMcHw" width="600" height="338" title="“Santa Clarita-Based Oil Drilling, Production Company Files Chapter 11 Bankruptcy” — KHTS Radio" data-secret="l34kUUMcHw" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"></iframe><script type="text/javascript">
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https://www.hometownstation.com/wp-content/uploads/2020/07/Santa-Clarita-California-Resources-Corporation-CRC-Bankrupt-.png620340California Resources Corporation (CRC), a Santa Clarita-based oil and natural gas exploration and production company, announced Wednesday that the company has filed for Chapter 11 bankruptcy. CRC, the largest oil and gas producer in California, is now struggling from lowered crude oil prices due to reduced demand amid the COVID-19 pandemic. “We have consistently operated ...