Consider: 1) An Assignment of 100 Percent of Venoco, Inc's Interest in Oil and Gas Lease Nos. PRC 735.1 and PRC 3314.1 to Vintage Petroleum, LLC; 2) Consent to

Summary

SCH Number
2014108335
Lead Agency
California State Lands Commission
Document Title
Consider: 1) An Assignment of 100 Percent of Venoco, Inc's Interest in Oil and Gas Lease Nos. PRC 735.1 and PRC 3314.1 to Vintage Petroleum, LLC; 2) Consent to
Document Type
NOE - Notice of Exemption
Received

Document Description
the Acceptance of the Parental Guaranty to the Newly Formed California Resources Corporation, Montalvo Oil Field, Ventura County - PRC 735.1, PRC 3314.1 Approve assignment to Vintage Petroleum, LLC of 100 percent of Venoco, Inc.'s interest in Oil and Gas Lease Nos. PRC 735.1 and PRC 3314.1 and approve the Parental Guaranty of California Resources Corporation.

Contact Information
Noel Saito
California State Lands Commission
100 Howe Avenue, Suite 100-South
Sacramento, CA 95825-8202

(916) 574-1900

Location

Counties
Ventura

Notice of Exemption

Exempt Status
Other
Type, Section or Code
S:15378
Reasons for Exemption
Not a project as defined in Section 15378. Approval of an assignment and parental guaranty does not have a potential for resulting in either a direct or a reasonably foreseeable indirect physical change in the environment.
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