California Resources Corp at Scotia Howard Weil Energy Conference (Virtual) Transcript
Good morning. Our next presentation is California Resources Corporation. We are very happy to have CEO Mac McFarland with us. So with that, let me start.
Questions & Answers
Mac, California Resources Corporation is a -- what a unique company, given your focus both on the legacy, traditional oil and gas in California as well as venture and [making it] as a major focus for CCUS. So can you maybe elaborate a little bit in terms of -- do you believe you have the critical mass on -- to operate efficiently on both sides of the segment, given the size of the company?
Well, absolutely. I don't think we'd be undertaking what we're doing if we didn't. Look, we produce close to 100,000 barrels a day of low decline, low-carbon-intensity crude, and we have a long inventory of backlog in that core E&P business.
But we also -- if you look at it, we have diversified, yet it
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