Amendment of Lease - PRCs 3978.1, 4270.1, 7493.1, 8354.1, 8485.1, 8874.1
Summary
SCH Number
2014068395
Public Agency
California State Lands Commission
Document Title
Amendment of Lease - PRCs 3978.1, 4270.1, 7493.1, 8354.1, 8485.1, 8874.1
Document Type
NOE - Notice of Exemption
Received
Posted
6/24/2014
Document Description
Authorize Amendment of Leases No. 3978.1, 4270.1, 7493.1, 8354.1, 8485.1, and 8874.1, to amend the acceptance of a parent guaranty from Occidental Oil and Gas Holding Corporation to California Resource Corporation (CRC) for full performance of obligations under the lease, effective upon the State's receipt of (1) declaration of the United States Securities and Exchange Commission that CRC's Registration Statement on Form 10 is effective; (2) the most recent pro forma balance sheet included in CRC's Registration Statement on Form 10 and declared effective by the United States Securities and Exchange Commission that reflects the net worth (total assets less total liabilities) of CRC o be in excess of One Billion Dollars (US); and, (3) final approval of OPC's Board of Directors.
Contact Information
Name
Jessica Rader
Agency Name
California State Lands Commission
Contact Types
Lead/Public Agency
Phone
Location
Counties
Contra Costa, Sacramento, San Joaquin, Solano
Other Location Info
Suisun Bay; Roaring River SLough and Grizzly Slough at Van Sikle Island; Sevenmile Slough adjacent to Brannan and Twitchell Islands; Tomato Slough at Brannan Island; Old River at Union Island
Notice of Exemption
Exempt Status
Categorical Exemption
Type, Section or Code
S:15378
Reasons for Exemption
Not a project as defined in Section 15378 CCR. [Sec. 15060(c)(3)CCR]
Amendment of Lease for the above-mentioned purpose(s) does not have a potential for resulting in either a direct or a reasonably foreseeable indirect physical change in the environment, and is, therefore, not a project in accordance with CEQA.
Disclaimer: The document was originally posted before CEQAnet had the capability to host attachments for the public. To obtain the original attachments for this document, please contact the lead agency at the contact information listed above. You may also contact the OPR via email at state.clearinghouse@opr.ca.gov or via phone at (916) 445-0613.